Stryker Corp CFO Transfers Shares via Matrimonial Settlement Agreement
STRYKER CORP
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Filing Summary
📋 Form 4 Filed for Stryker Corp ($SYK) Insider: Preston Wendell Wells (VP, Chief Financial Officer) Transaction: Transfer (Code J) of 2,738.804 Common Stock shares at $0.00 Total Value: $0.00 Shares Held After: 3,770.196 direct shares (plus 310 indirect in 401(k)) Details: Transfer made pursuant to a Matrimonial Settlement Agreement. Significance: Low
Comprehensive Analysis
Executive Overview
Preston Wendell Wells, Vice President and Chief Financial Officer of Stryker Corp ($SYK), reported two non-open market dispositions (transaction code 'J') totaling 2,738.804 shares of Common Stock. The transactions occurred on July 17, 2026 (1,776.804 shares) and September 22, 2026 (962 shares) at a price of $0.00 per share.
Transaction Details
- Nature of Disposition: As indicated in the footnotes, the shares were transferred pursuant to a Matrimonial Settlement Agreement.
- Direct Ownership Post-Transaction: Following these transfers, Mr. Wells directly holds 3,770.196 shares of Stryker Common Stock (which includes 196 shares acquired via the Employee Stock Purchase Plan and 27 shares via the Performance Incentive Award Plan as of June 30, 2026).
- Indirect Ownership: An additional 310 shares are held indirectly through a 401(k) plan.
Trading Significance
This filing carries Low trading significance from an investment perspective. Transaction Code 'J' reflects an other/exempt non-market transfer resulting from a divorce/matrimonial settlement rather than a discretionary market sale or purchase, implying no reflection on the insider's outlook on the company's operating performance or valuation.
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