STE insider filing: 975 fully vested Career RSUs added to director holdings
Rhea-AI Filing Summary
Christopher S. Holland, a director of STERIS plc (STE), reported the acquisition of 975 Career Restricted Stock Units on 08/08/2025. The filing states these Career RSUs are fully vested immediately and each represents the right to receive one STERIS ordinary share six months after the cessation of the Director's Board service. Following the reported transaction, Mr. Holland beneficially owns 4,964 RSU-linked ordinary shares. The Form 4 was executed by an authorized representative on 08/12/2025.
Positive
- Reporting person acquired 975 Career Restricted Stock Units on 08/08/2025
- The Career RSUs are fully vested immediately, per the filing
- Each RSU represents the right to one ordinary share, with settlement defined (six months after board service cessation)
Negative
- None.
Insights
TL;DR: Routine director equity award recorded; vested Career RSUs defer settlement until six months after board service ends.
The Form 4 documents a director grant of 975 Career Restricted Stock Units that are noted as fully vested immediately and payable in ordinary shares six months after the director leaves board service. This structure links the award to continued board service termination timing rather than current cash or share transfers. The filing is procedural and discloses the post-termination settlement mechanism and the aggregate beneficial holdings of 4,964 RSU-linked shares.
TL;DR: Insider filing shows a modest acquisition of 975 RSUs; disclosed ownership totals and settlement terms are explicit in the Form 4.
The Form 4 reports transaction code 'A' for acquisition of 975 Career RSUs on 08/08/2025, with a reported price of $0 and total beneficial holdings of 4,964 ordinary shares tied to RSUs after the transaction. The disclosure provides clear mechanics for conversion and timing but does not indicate cash proceeds, share sales, or changes to control. From a disclosure perspective the filing is complete for the items reported.