Form 4: Stryker Corp Executive Reports Stock Disposal to Cover Tax Obligations
SEC Filing
Robert S. Fletcher, VP and Chief Legal Officer of Stryker Corp, disposed of 347 shares of common stock on August 1, 2024, to cover tax obligations.
Summary
- Robert S. Fletcher, VP, Chief Legal Officer of Stryker Corp, filed a Form 4 on August 2, 2024, reporting changes in beneficial ownership.
- On August 1, 2024, Fletcher disposed of 347 shares of Stryker common stock at a price of $327.45 per share to satisfy tax obligations.
- Following the transaction, Fletcher directly owns 8,549 shares of Stryker common stock.
- Fletcher also indirectly owns 141 shares through a 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction to cover tax obligations related to stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of stock disposal transaction |
| 08/02/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.