Can anybody weigh in why the Stryker family is selling so much stock when the employees that built the companies enormous wealth see the value of their stock in their 401K's continue to down? I used to work there but still purchase the stock with hard earned money. It seems like they would stop selling to allow the rank and file to benefit from years of hard labor.
I'm not the most familiar with this stock, only owned a short while.. but them selling has little to do with helping or hurting you. Anyone and everyone can sell stock, at least people are buying what they are selling.
Maybe they needed a new mansion, yacht, new knees, or blew it on hookers? They made a fortune and it's time to reap some rewards.