Form 144: Employee option sale of 7,900 STERIS shares valued $1.91M
Rhea-AI Filing Summary
STERIS plc reported a Form 144 notice for an insider sale of ordinary shares. The filing shows 7,900 shares offered through Charles Schwab & Co., with an aggregate market value of $1,909,646.00 and 98,490,606 shares outstanding for the company. The shares were acquired and are to be sold on 08/11/2025 via an employee stock option exercise using a broker payment for a cashless exercise.
The filer reports no securities sold in the past three months and includes the standard representation that they are not aware of undisclosed material adverse information about the issuer. Relationship to the issuer and the identity of the selling person are not specified in the visible fields.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small insider sale from an employee option exercise; not clearly material to holders.
The Form 144 documents an intended sale of 7,900 ordinary shares of STERIS via Charles Schwab with an aggregate market value of $1,909,646.00, acquired and transacted on 08/11/2025 through a cashless exercise of employee stock options. The filing notes no sales in the prior three months and includes the standard attestation about undisclosed material information. Based on the filing content alone, this is a routine compliance notice documenting an insider sale tied to option exercise rather than a divestiture event; the filing does not provide detail on the seller's role or any broader corporate action.
TL;DR: Compliance-focused disclosure; procedural Form 144 for an employee option exercise sale.
The notice lists the broker (Charles Schwab & Co.), the transaction type (cashless exercise of employee stock options), and key figures: 7,900 shares, aggregate value $1,909,646.00, and issuer outstanding shares 98,490,606. The filing contains the required attestation regarding material adverse information and reports "Nothing to Report" for prior three-month sales. The document does not disclose the filer’s relationship to the issuer or other contextual details that would affect governance interpretation.