4/A: Stryker VP Amends SEC Filing to Correct Restricted Stock Unit Holdings
Insider Transaction Amendment
Stryker's VP and Chief Accounting Officer, William E. Berry Jr., filed an amended Form 4 to correct the reported number of Restricted Stock Units beneficially owned, reducing the figure from 2,886 to 1,853.
Summary
- William E. Berry Jr., VP, Chief Accounting Officer of Stryker Corp (SYK), filed an amended Form 4 (Form 4/A).
- The amendment, signed on May 23, 2025, corrects an original Form 4 filed on February 6, 2023, which reported a transaction on February 2, 2023.
- The original filing incorrectly stated that the total beneficial ownership in column 5 included 2,886 Restricted Stock Units (RSUs).
- The corrected number of Restricted Stock Units beneficially owned by Mr. Berry Jr. as of the transaction date (February 2, 2023) was 1,853.
- The amendment specifically addresses the RSU holdings and does not alter the previously reported sale of 755 shares of Common Stock at a price of $279.96 per share on February 2, 2023.
Sentiment
Score: 5
Explanation: Neutral. The document is a routine compliance filing to correct a previous error in reported beneficial ownership, which has no direct positive or negative impact on the company's operations or financial performance.
Future Outlook
NA
Management Comments
- "This report is being filed solely to correct the number of Restricted Stock Units held by the Reporting Person. The original filing reported that the total in column 5 included 2,886 Restricted Stock Units, but the actual number of Restricted Stock Units held at that date was 1,853."
Industry Context
This document is a routine compliance filing for insider transactions and corrections, and as such, it does not provide broader industry context or trends.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Reporting Accuracy | Correction of previously misstated Restricted Stock Units (RSUs) held by a corporate officer, William E. Berry Jr. | 02/02/2023 | Enhances transparency and accuracy of insider ownership disclosures, reinforcing compliance with SEC regulations and improving data reliability for stakeholders. |
Stakeholder Impact
- Shareholders: Provides accurate and updated information regarding insider ownership, enhancing transparency and trust in reported data.
- Regulatory Authorities: Demonstrates the company's commitment to compliance with SEC reporting requirements by promptly correcting previous errors.
Key Dates
| Date | Description |
|---|---|
| 02/02/2023 | Date of the reported transaction (sale of common stock and original RSU holding date). |
| 02/06/2023 | Date the original Form 4 was filed. |
| 05/23/2025 | Date the amended Form 4/A was signed and filed. |
Keywords
Stryker Corp, SYK, SEC Form 4/A, Insider Trading, Beneficial Ownership, Restricted Stock Units, RSU, William E. Berry Jr., Corporate Governance, Compliance
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.