Form 4: Stryker CFO Glenn Boehnlein Sells 10,000 Shares of Common Stock
SEC Form 4 Filing
Glenn Boehnlein, CFO of Stryker Corp, sold 10,000 shares of common stock on May 15, 2024, at a weighted average price of $327.6516 per share.
Summary
- On May 15, 2024, Glenn S. Boehnlein, the VP and Chief Financial Officer of Stryker Corp (SYK), sold 10,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $327.6516 per share, with individual transactions ranging from $327.55 to $328.315.
- Following the transaction, Boehnlein directly owns 15,012 shares of Stryker's common stock and indirectly owns 1,544 shares through a 401K.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock sale. The sale itself doesn't necessarily indicate a positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency to the market regarding the transactions of company executives.
Stakeholder Impact
- The sale of shares by a high-ranking executive could be perceived negatively by some shareholders, although it is a common practice and doesn't necessarily reflect a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of the stock sale transaction. |
| 05/16/2024 | Date of the signature on the Form 4 filing. |
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