the size of rhonda strykers selling is getting old, I understand she has 30 million plus shares and in the scheme of things its not a huge %. it would however be nice if she could trickle out the shares instead of selling 25% of the volume Friday and another 8% today. Does the family really need the cash that urgently, I doubt it. What has Mac and family done for the investors lately? Throw us little guys a bone somehow, please.
Her sales will stop for the next two months. As a Director she has inside information and most General Counsel's advise that buying and selling be limited to a window beginning about 2 days after and earnings release and continuing for about 2 weeks. We are now entering the second week of August and she is privy to July results. So she is stopped from selling until the next earnings release or until an earlier update to the shareholders.
The message here is to expect weakness in SYK in the two weeks following an earnings release barring exceptionally good earnings.