Pierce James Andrew 4

What Happened James Andrew Pierce, Group President of Stryker Corp (SYK), was granted an award of 14,912 shares on March 9, 2026. The shares were reported with an acquisition price of $0.00 (no cash purchase); the reported dollar value at grant is $0. These are performance-based awards earned based on multi-year targets rather than an open-market purchase or sale.

Key Details

• Transaction type/code: Award/Grant (A).
• Transaction date and filing: Transaction on 2026-03-09; Form 4 filed 2026-03-11 (filed within the usual 2-business-day deadline).
• Shares granted: 14,912; reported price per share: $0.00; reported total: $0.
• Vesting/conditions: Award was earned upon achievement of pre-established three-year adjusted diluted EPS and sales performance goals; earned shares vest on March 21, 2026 (Footnote F1).
• Shares owned after transaction: Not specified in the provided filing summary.

Context This was a compensation award tied to multi-year performance goals (commonly structured as performance shares or performance-based RSUs). Such grants do not involve an immediate cash outlay by the insider and are different from purchases (which can signal a direct market bet) or sales (which may reflect diversification or liquidity needs). The award will only convert to owned shares upon vesting and any applicable withholding requirements.