Wells Preston Wendell 4
Research Summary
AI-generated summary
Stryker (SYK) CFO Wells Preston Wendell Sells 204 Shares
What Happened Wells Preston Wendell, Chief Financial Officer of Stryker Corporation, disposed of 204 shares on 2026-03-21 as a payment of exercise price or tax liability (transaction code F). The shares were priced at $335.67 each for an aggregate value of $68,477. This appears to be a sell-to-cover/tax-withholding transaction related to awards or an exercise rather than an outright open-market investment sale.
Key Details
- Transaction date: 2026-03-21; Filing date: 2026-03-24 (reporting period = 3/21/2026).
- Type/code: F — Payment of exercise price or tax liability (commonly a sell-to-cover).
- Disposition: 204 shares sold at $335.67 each; total proceeds $68,477.
- Shares owned after transaction: Not specified in the filing.
- Footnote: F1 notes inclusion of 185 shares from the Employee Stock Purchase Plan (ESPP) and 27 shares from the Performance Incentive Award (PIA) Plan (212 shares) as of 12/31/2025 — these are holdings reported from those plans, not necessarily the full post-transaction total.
- Timeliness: The filing was submitted three days after the transaction; the report does not indicate a late filing status.
Context Code F transactions typically reflect shares surrendered or sold to cover tax withholding or to pay an exercise price following awards/exercises. These routine "sell-to-cover" actions are administrative and don't necessarily indicate the insider's view on the company's outlook. This filing documents a tax/settlement-related disposition by an executive, not an open-market investment decision.