Stryker (SYK) CFO Wells Wendell Transfers 109 Shares

What Happened
Wells Preston Wendell, Chief Financial Officer of Stryker Corporation, reported a disposition/transfer of 109 shares of Stryker common stock on 2026-09-24. The Form 4 lists the transaction as code J ("Other acquisition or disposition") at an indicated price of $0.00, total value $0. According to the filing, the shares were transferred from shares held in Stryker’s Employee Stock Purchase Plan pursuant to a Matrimonial Settlement Agreement — this was a non‑market transfer, not an open‑market sale.

Key Details

• Transaction date: 2026-09-24 (reported on Form 4 filed 2026-09-28) — filing appears timely.
• Transaction code: J — "Other acquisition or disposition" (transfer).
• Shares transferred: 109; reported price per share: $0.00; total proceeds: $0.
• Source of shares: Stryker Employee Stock Purchase Plan (ESPP), per footnote F1.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: transfer was made pursuant to a Matrimonial Settlement Agreement (F1), indicating a legal/divorce-related property transfer rather than a routine sale.

Context
Transfers under matrimonial settlement agreements are administrative/legal transfers and do not necessarily reflect an insider’s view of the company’s prospects. Because no cash proceeds were reported and the transfer came from an ESPP, this should be read as a non‑market disposition rather than a traditional sale or investment decision.