STERIS (STE) Form 144: 4,110 shares from employee option sold through Charles Schwab
Rhea-AI Filing Summary
STERIS plc (STE) filed a Form 144 reporting a proposed sale of 4,110 ordinary shares through Charles Schwab & Co., Inc., with an aggregate market value of $993,562.00 and an approximate sale date of 08/11/2025. The filing shows the securities were acquired on 08/11/2025 via an employee stock option exercise and the payment was made through a broker cashless exercise.
The table lists the issuer's shares outstanding as 98,490,606. The filing also states there were no securities sold in the past three months by the person for whose account these securities are to be sold and includes the standard attestation that the filer is not aware of undisclosed material adverse information.
Positive
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Negative
- None.
Insights
TL;DR: Form 144 reports a small, broker-facilitated sale of employee-option shares totaling $993,562.
The filing discloses a proposed sale of 4,110 ordinary shares acquired via an employee stock option exercise and settled through a broker cashless exercise. Execution is routed through Charles Schwab & Co., Inc. The document reports 98,490,606 shares outstanding for the issuer and indicates no sales in the prior three months. On face value, this is a routine Rule 144 notice documenting an insider's exercise and planned disposition rather than a corporate operational disclosure.
TL;DR: Routine insider sale disclosure with standard attestation; nothing in the filing signals governance irregularities.
The filer represents by signing that they are not aware of undisclosed material adverse information. The transaction is described as an employee stock option exercise with broker payment for a cashless exercise. The filing records the broker name and sale mechanics, and shows "Nothing to Report" for prior three-month sales. Based solely on the information provided, this is a compliance-driven disclosure under Rule 144.