STERIS (STE) senior VP has 337 shares withheld for taxes on vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc senior vice president and general counsel John Adam Zangerle reported a routine share withholding related to restricted stock vesting. On June 1, 2026, 337 ordinary shares were withheld from 1,157 vested restricted shares to cover tax obligations, based on the NYSE closing price that day.
After this tax-withholding disposition, he directly owned 33,332 ordinary shares, including 7,354 restricted shares as of June 1, 2026. The restrictions on these ordinary shares are scheduled to lapse in tranches through June 5, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zangerle John Adam
Role
Sr. VP, Gen Counsel, and Sec.
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 337 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 33,332 shares (Direct, null)
Footnotes (1)
- 337 shares were withheld from the 1,157 restricted shares that vested on June 1, 2026. These 337 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 1, 2026. As of June 1, 2026, 7,354 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 846 on June 2, 2026; 1,252 on June 3, 2026; 1,376 on June 4, 2026; 1,252 on June 3 2027; 1,376 on June 4, 2027 and 1,252 on June 5, 2028.
Key Figures
Tax-withheld shares: 337 shares
Vested restricted shares: 1,157 shares
Shares owned after transaction: 33,332 shares
+5 more
8 metrics
Tax-withheld shares
337 shares
Withheld on June 1, 2026 to cover taxes on vesting
Vested restricted shares
1,157 shares
Restricted shares that vested on June 1, 2026
Shares owned after transaction
33,332 shares
Direct ordinary share holdings following June 1, 2026 disposition
Restricted shares outstanding
7,354 shares
Restricted ordinary shares as of June 1, 2026
Tranche vesting 2026-06-02
846 shares
Restricted shares with restrictions lapsing June 2, 2026
Tranche vesting 2026-06-03
1,252 shares
Restricted shares with restrictions lapsing June 3, 2026 and June 3, 2027
Tranche vesting 2026-06-04
1,376 shares
Restricted shares with restrictions lapsing June 4, 2026 and June 4, 2027
Final tranche vesting 2028-06-05
1,252 shares
Restricted shares with restrictions lapsing June 5, 2028
Key Terms
tax-withholding disposition, restricted shares, vested shares, NYSE closing market price, +1 more
5 terms
tax-withholding disposition financial
"337 shares were withheld from the 1,157 restricted shares that vested on June 1, 2026. These 337 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 1, 2026."
restrictions lapse financial
"The restrictions on these ordinary shares lapse as follows: 846 on June 2, 2026; 1,252 on June 3, 2026;"
FAQ
What insider transaction did STERIS (STE) report for John Adam Zangerle?
STERIS reported that John Adam Zangerle had 337 ordinary shares withheld to cover taxes on 1,157 restricted shares that vested on June 1, 2026. This tax-withholding disposition is a routine administrative transaction rather than an open-market stock sale.