STOCK TITAN

STERIS (STE) VP Lindsey McGowan granted shares and options, shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

STERIS plc VP Lindsey McGowan reported routine equity compensation changes. On June 2, 2026, 1,128 restricted ordinary shares vested, and 329 shares were withheld at $209.76 per share to cover tax obligations, leaving 5,656 ordinary shares held directly.

McGowan also received a new grant of 1,155 ordinary shares, increasing direct holdings to 5,985 shares, of which 3,117 are restricted as of June 2, 2026. In addition, she was granted 4,036 employee stock options exercisable at $230.74 per share, expiring on June 2, 2036, vesting in four equal annual installments starting in 2027.

Separately, 255 ordinary share equivalents are held for her account under the STERIS Corporation 401(k) Plan as of May 29, 2026. These transactions reflect compensation grants and tax withholding rather than open-market buying or selling.

Positive

  • None.

Negative

  • None.
Insider McGowan Lindsey
Role VP, Chf. Comp. & Quality Offc.
Type Security Shares Price Value
Grant/Award Employee Stock Option (right to buy) 4,036 $0.00 --
Grant/Award Ordinary Shares 1,155 $0.00 --
Tax Withholding Ordinary Shares 329 $209.76 $69K
holding Ordinary Shares -- -- --
Holdings After Transaction: Employee Stock Option (right to buy) — 4,036 shares (Direct, null); Ordinary Shares — 5,985 shares (Direct, null); Ordinary Shares — 255 shares (Indirect, See Footnote Below)
Footnotes (1)
  1. As of June 2, 2026, 3,117 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 588 on June 4, 2027; 576 on June 3, 2028; 798 on January 2, 2029 and 1,155 on June 4, 2029. 329 shares were withheld from the 1,128 restricted shares that vested on June 2, 2026. These 329 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 2, 2026. Units representing 255 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of May 29, 2026. This option becomes exercisable as follows: 1,009 on June 2, 2027, 1,009 on June 2, 2028, 1,009 on June 4, 2029 and 1,009 on June 3, 2030.
Tax-withheld shares 329 shares at $209.76 Shares withheld for taxes on vested restricted stock, June 2, 2026
Restricted shares vested 1,128 shares Restricted shares vested on June 2, 2026
New share grant 1,155 ordinary shares Award to Lindsey McGowan on June 2, 2026
Post-grant direct holdings 5,985 shares Ordinary shares held directly after June 2, 2026 transactions
Restricted shares remaining 3,117 shares Restricted as of June 2, 2026 with scheduled lapses through 2029
New stock options 4,036 options at $230.74 Employee stock options expiring June 2, 2036
401(k) plan units 255 share equivalents Held under STERIS Corporation 401(k) Plan as of May 29, 2026
tax-withholding disposition financial
"329 shares were withheld from the 1,128 restricted shares that vested on June 2, 2026."
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.
restricted shares financial
"As of June 2, 2026, 3,117 of these ordinary shares are restricted."
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy) with a conversion or exercise price of 230.7400."
401(k) Plan financial
"Units representing 255 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan."
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
vested financial
"1,128 restricted shares that vested on June 2, 2026."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
McGowan Lindsey

(Last)(First)(Middle)
C/O 70 SIR JOHN ROGERSON'S QUAY

(Street)
DUBLIN 2D02 R296

(City)(State)(Zip)

IRELAND

(Country)
2. Issuer Name and Ticker or Trading Symbol
STERIS plc [ STE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
VP, Chf. Comp. & Quality Offc.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares06/02/2026A1,155A$05,985(1)D
Ordinary Shares06/02/2026F329(2)D$209.765,656(1)D
Ordinary Shares255ISee Footnote Below(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$230.7406/02/2026A4,036 (4)06/02/2036Ordinary Shares4,036$04,036D
Explanation of Responses:
1. As of June 2, 2026, 3,117 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 588 on June 4, 2027; 576 on June 3, 2028; 798 on January 2, 2029 and 1,155 on June 4, 2029.
2. 329 shares were withheld from the 1,128 restricted shares that vested on June 2, 2026. These 329 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 2, 2026.
3. Units representing 255 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of May 29, 2026.
4. This option becomes exercisable as follows: 1,009 on June 2, 2027, 1,009 on June 2, 2028, 1,009 on June 4, 2029 and 1,009 on June 3, 2030.
Remarks:
/s/ John P. Ubbing, Authorized Representative under Power of Attorney06/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What equity awards did STERIS (STE) executive Lindsey McGowan receive?

Lindsey McGowan received 1,155 ordinary shares and 4,036 employee stock options. The options have a strike price of $230.74 and expire June 2, 2036, vesting in four equal annual installments beginning June 2, 2027.

Why were 329 STERIS (STE) shares disposed of in this Form 4?

The 329 shares were withheld to cover taxes on 1,128 restricted shares that vested June 2, 2026. They represent required tax withholding at the NYSE closing price on that date, not an open-market sale by Lindsey McGowan.

How many STERIS (STE) shares does Lindsey McGowan hold after these transactions?

After these transactions, Lindsey McGowan holds 5,985 ordinary shares directly. Footnotes state that 3,117 of these are restricted as of June 2, 2026, with portions scheduled to lapse between 2027 and 2029.

What is the vesting schedule for Lindsey McGowan’s new STERIS (STE) stock options?

The 4,036 options become exercisable in four equal parts: 1,009 options on June 2, 2027; 1,009 on June 2, 2028; 1,009 on June 4, 2029; and 1,009 on June 3, 2030, all expiring June 2, 2036.

How many restricted STERIS (STE) shares remain for Lindsey McGowan?

As of June 2, 2026, 3,117 of Lindsey McGowan’s ordinary shares are restricted. These restrictions lapse in tranches: 588 on June 4, 2027; 576 on June 3, 2028; 798 on January 2, 2029; and 1,155 on June 4, 2029.

Does Lindsey McGowan hold STERIS (STE) through the company 401(k) plan?

Yes. Units representing 255 ordinary share equivalents are held on her behalf under the STERIS Corporation 401(k) Plan as of May 29, 2026. These are reported as indirect ownership in the Form 4 filing.