STERIS (NYSE: STE) CFO reports 190-share tax withholding from RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc Senior Vice President and CFO Karen L. Burton reported an automatic share disposition tied to tax withholding. On June 3, 2026, 190 ordinary shares were withheld from 651 restricted shares that vested, using the NYSE closing price of $210.19 per share to determine the tax value. This was not an open‑market sale but a payment of taxes in shares.
After this transaction, Burton directly holds 13,274 ordinary shares, of which 9,588 remain restricted as of June 3, 2026. Those restricted shares are scheduled to lapse in stages between June 4, 2026 and June 4, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Burton Karen L
Role
Sr. Vice Pres., CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 190 | $210.19 | $40K |
Holdings After Transaction:
Ordinary Shares — 13,274 shares (Direct, null)
Footnotes (1)
- 190 shares were withheld from the 651 restricted shares that vested on June 3, 2026. These 190 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These vested shares were valued at the NYSE closing market price on June 3, 2026. As of June 3, 2026, 9,588 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 306 on June 4, 2026; 783 on October 1, 2026; 1,775 on June 2, 2027; 651 on June 3, 2027; 306 on June 4, 2027; 783 on October 1, 2027; 1,775 on June 2, 2028; 651 on June 5, 2028 and 783 on October 1, 2028 and 1,775 on June 4, 2029.
Key Figures
Tax-withheld shares: 190 shares
Vested restricted shares: 651 shares
Valuation price: $210.19 per share
+4 more
7 metrics
Tax-withheld shares
190 shares
Withheld on June 3, 2026 to cover taxes
Vested restricted shares
651 shares
Restricted shares vesting on June 3, 2026
Valuation price
$210.19 per share
NYSE closing market price on June 3, 2026
Post-transaction holdings
13,274 shares
Ordinary shares held directly after transaction
Restricted holdings
9,588 shares
Restricted ordinary shares as of June 3, 2026
Next vesting tranche
306 shares
Restrictions lapse on June 4, 2026
Later vesting tranche
1,775 shares
Restrictions lapse on June 4, 2029
Key Terms
tax-withholding disposition, restricted shares, NYSE closing market price, ordinary shares
4 terms
tax-withholding disposition financial
"190 shares were withheld from the 651 restricted shares that vested on June 3, 2026. These 190 shares represent the value of the taxes required to be withheld"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
NYSE closing market price financial
"These vested shares were valued at the NYSE closing market price on June 3, 2026."
FAQ
What did STERIS (STE) CFO Karen Burton report in this Form 4?
Karen Burton reported that 190 STERIS ordinary shares were withheld on June 3, 2026 to cover taxes on vesting restricted shares. This routine tax-withholding disposition is not an open-market sale but satisfies employment or tax law obligations.
What portion of the CFO’s STERIS (STE) holdings are still restricted?
As of June 3, 2026, 9,588 of Karen Burton’s STERIS ordinary shares are restricted. These restrictions lapse on scheduled dates between June 4, 2026 and June 4, 2029, reflecting the vesting terms of her equity compensation awards.