STE Form 4: Cary Majors Vests 692 Shares; 303 Withheld for Taxes

Q: What transaction did Cary L. Majors report on Form 4 for STE?

The Form 4 reports that 692 ordinary shares vested on 10/01/2025 , of which 303 shares were withheld to satisfy tax withholding requirements.

Q: How many STERIS (STE) shares does the reporting person beneficially own after the reported transaction?

The filing shows 13,427 ordinary shares beneficially owned directly and 67 ordinary share equivalents held indirectly in the STERIS Corporation 401(k) Plan .

Q: Are there remaining restricted shares for Cary L. Majors and when do they lapse?

Yes; 10,138 restricted shares remain with lapse dates of 06/01/2026 , 06/02/2026 , 06/04/2027 , and 06/05/2028 .

Q: What role does the reporting person hold at STERIS (STE)?

The reporting person is identified as SVP and President, Healthcare and is also an officer of the issuer.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

STERIS plc (STE) reporting person Cary L. Majors, identified as SVP and President, Healthcare, reported transactions dated 10/01/2025. 692 ordinary shares vested that day from an award granted on 10/01/2021; 303 of those shares were withheld to satisfy required taxes, with a reported price of $0 for the withholding entry. After the transaction, the report shows 13,427 ordinary shares beneficially owned (direct) and 67 share equivalents held in the STERIS Corporation 401(k) Plan (indirect) as of 10/02/2025. The filing notes 10,138 ordinary shares remain restricted with scheduled lapses between 06/01/2026 and 06/05/2028. The form is signed by an authorized representative on 10/03/2025.

Positive

Cary L. Majors retains 13,427 direct ordinary shares following the transaction
10,138 ordinary shares remain restricted with clear lapse schedule through 06/05/2028, indicating continued alignment with long-term incentives

Negative

303 vested shares were withheld to satisfy taxes on 10/01/2025, reducing immediately tradable holdings

Insights

Majority of a 2021 award vested; 303 shares were withheld for taxes.

What it means: The report documents routine vesting of an equity award granted on 10/01/2021, where 692 shares vested and the company withheld 303 shares to cover tax obligations.

Why it matters: This is a standard withholding-driven disposition rather than an active open-market sale, and the reporting person still retains significant direct ownership of 13,427 shares plus 67 401(k) share equivalents, while 10,138 shares remain under restriction with defined lapse dates through 06/05/2028.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Majors Cary L

Role SVP and President, Healthcare

Type	Security	Shares	Price	Value
Tax Withholding	Ordinary Shares	303	$0.00	--
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 13,427 shares (Direct); Ordinary Shares — 67 shares (Indirect, See Footnote Below)

Footnotes (1)

303 shares were withheld from the 692 restricted shares that vested on October 1, 2025. These 303 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 692 ordinary shares were awarded to Mr. Majors on October 1, 2021. These vested shares were valued at the NYSE closing market price on October 1, 2025. As of October 1, 2025, 10,138 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 2,697 on June 1, 2026; 2,140 on June 2, 2026; 2,379 on June 4, 2027 and 2,922 on June 5, 2028. Units representing 67 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of October 2, 2025

Form 4 Insider Transactions: What Each Field Means →

10/03/2025 - 04:52 PM

SEC Form 4

FORM 4

UNITED 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^*

Majors Cary L

(Last)

(First)

(Middle)

C/O 70 SIR JOHN ROGERSON'S QUAY

(Street)

DUBLIN 2

D02 R296

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
STERIS plc [ STE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	SVP and President, Healthcare

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	10/01/2025		F		303⁽¹⁾	D	$0	13,427⁽²⁾	D
Ordinary Shares								67	I	See 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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 303 shares were withheld from the 692 restricted shares that vested on October 1, 2025. These 303 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer. These 692 ordinary shares were awarded to Mr. Majors on October 1, 2021. These vested shares were valued at the NYSE closing market price on October 1, 2025.

2. As of October 1, 2025, 10,138 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 2,697 on June 1, 2026; 2,140 on June 2, 2026; 2,379 on June 4, 2027 and 2,922 on June 5, 2028.

3. Units representing 67 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of October 2, 2025

Remarks:

	/s/ John P. Ubbing, Authorized Representative under Power of Attorney	10/03/2025
	** Signature of Reporting Person	Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What transaction did Cary L. Majors report on Form 4 for STE?

The Form 4 reports that 692 ordinary shares vested on 10/01/2025, of which 303 shares were withheld to satisfy tax withholding requirements.

How many STERIS (STE) shares does the reporting person beneficially own after the reported transaction?

The filing shows 13,427 ordinary shares beneficially owned directly and 67 ordinary share equivalents held indirectly in the STERIS Corporation 401(k) Plan.

Are there remaining restricted shares for Cary L. Majors and when do they lapse?

Yes; 10,138 restricted shares remain with lapse dates of 06/01/2026, 06/02/2026, 06/04/2027, and 06/05/2028.

Was the withholding treated as a sale at a price in the Form 4?

The withholding entry is reported with a price of $0 for the withheld 303 shares, reflecting tax withholding rather than a disclosed open-market sale price.

What role does the reporting person hold at STERIS (STE)?

The reporting person is identified as SVP and President, Healthcare and is also an officer of the issuer.