Form 4: Stryker Corp Executive James Andrew Pierce Reports Gift of Shares to Sons

Stryker Corp's Group President, James Andrew Pierce, reported gifting shares of common stock to his two sons.

Summary

• James Andrew Pierce, Group President at Stryker Corp, filed a Form 4 disclosing a gift of company stock to his two sons.
• On December 23, 2024, Mr. Pierce gifted 198 shares of common stock directly and 99 shares each to his two sons.
• The shares were gifted at a price of $0.
• Following the transaction, Mr. Pierce directly owns 55,413 shares and his sons indirectly own 607 shares each.
• Mr. Pierce disclaims beneficial ownership of the shares held by his sons.

Sentiment

Score: 5

Explanation: The document is a neutral report of a share transaction, with no positive or negative implications for the company's performance.

Management Comments

• The reporting person disclaims beneficial ownership of the shares held by his sons, and this report should not be deemed an admission that the reporting person is the beneficial owner of such shares for purposes of Section 16 or for any other purpose.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company securities.
• The gifting of shares to family members is a common transaction type reported in Form 4 filings.
• The reporting requirements are consistent across all publicly traded companies in the US.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a transfer of shares between related parties and does not affect the total number of outstanding shares.

Key Dates

Keywords

Form 4, Stryker Corp, James Andrew Pierce, insider trading, share gifting, beneficial ownership, executive transaction