Pierce James Andrew 4
Research Summary
AI-generated summary
Stryker (SYK) Group President Pierce Receives RSU Award
What Happened
Pierce James Andrew, Group President of Stryker Corporation (SYK), received equity awards on February 4, 2026: 2,771 shares reported as acquired and 15,300 RSUs reported as a derivative award. Both items are recorded at $0 in the Form 4 because they are compensation awards rather than open‑market purchases.
Key Details
- Transaction date: 2026-02-04; Form 4 filed 2026-02-06 (no late filing indicated).
- Awards: 2,771 shares acquired @ $0; 15,300 RSUs acquired (derivative) @ $0.
- Vesting/terms: Footnote indicates the RSUs vest one‑third on March 21, 2027; one‑third on March 21, 2028; and one‑third on March 21, 2029. Each RSU represents a contingent right to one share.
- Additional note: Filing references standard option terms (exercisable 20% on each of the first five anniversaries) in a footnote.
- Shares owned after the transaction: not specified in the provided excerpt.
Context
These entries are grants of compensation (RSUs/awards), not open‑market purchases or sales; such grants are routine for executives and do not by themselves signal a buy/sell judgment. The RSUs are derivative awards that convert to company stock only as they vest per the stated schedule.