4/A: Stryker Executive Amends Insider Stock Ownership Filing, Correcting Previously Overstated Share Count

Stryker Corp's VP and Chief Accounting Officer, William E. Berry Jr., has filed an amended Form 4 to correct an overstatement of 474 shares in his beneficial ownership following a March 2024 stock disposition.

Summary

• William E. Berry Jr., Stryker Corp's VP and Chief Accounting Officer, filed an amended Form 4 (Form 4/A) to correct previously reported beneficial ownership.
• The amendment clarifies a transaction on March 8, 2024, where 1,005 shares of common stock were disposed of at a price of $357.62 per share.
• The disposition was made to satisfy tax withholding obligations.
• The original report had overstated the number of shares beneficially owned following the transaction by 474 shares due to a tax reporting issue.
• The corrected number of shares beneficially owned by Mr. Berry following the reported transaction is 2,643 shares.

Sentiment

Score: 5

Explanation: The document is neutral in sentiment as it is a factual correction of an administrative error, though the delay in correction is a minor negative.

Negatives

• The previous filing contained an overstatement of 474 shares in beneficial ownership, indicating an error in initial reporting.
• The amendment correcting the error was filed on May 23, 2025, for a transaction that occurred on March 8, 2024, representing a significant delay in rectifying the inaccurate information.

Future Outlook

This document does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• "This report is being filed solely to correct the number of shares beneficially owned following the reported transaction. Due to a tax reporting issue, the number of shares previously reported was overstated by 474 shares."

Industry Context

This filing is an administrative correction related to an insider's stock ownership and does not provide insights into broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: Provides corrected information regarding an executive's beneficial ownership, ensuring accuracy of public records.

Key Dates

Keywords

Stryker, SYK, Form 4/A, Insider Trading, Beneficial Ownership, Stock Disposition, Tax Withholding, William E. Berry Jr., SEC Filing