Form 4: Stryker Corp Executive Viju Menon Reports Stock Disposal for Tax Obligations

Viju Menon, Group President at Stryker Corp, disposed of 649 shares of common stock on May 1, 2024, to cover tax obligations.

Summary

• On May 1, 2024, Viju Menon, a Group President at Stryker Corp, disposed of 649 shares of common stock.
• The transaction was executed to satisfy tax obligations, with the shares being disposed of at a price of $336.5 per share.
• Following the transaction, Menon directly owns 9,669 shares of Stryker Corp common stock.
• Menon also indirectly owns 175 shares of common stock through a 401K.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine transaction for tax purposes and doesn't necessarily indicate a change in the executive's confidence in the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. These filings provide transparency into insider transactions and are closely watched by investors for signals about a company's prospects.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.

Key Dates