STERIS (NYSE: STE) SVP Kohler reports tax-withholding of vested restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc SVP & GM, AST Kenneth E. Kohler reported a routine tax-related share disposition. On June 4, 2026, 150 ordinary shares were withheld from 513 restricted shares that vested, to cover taxes based on the NYSE closing price of $212.24 per share. After this, he directly holds 11,332 ordinary shares, including 3,972 restricted shares scheduled to lapse between 2027 and 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kohler Kenneth E
Role
SVP & GM, AST
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 150 | $212.24 | $32K |
Holdings After Transaction:
Ordinary Shares — 11,332 shares (Direct, null)
Footnotes (1)
- 150 shares were withheld from the 513 restricted shares that vested on June 4, 2026. These 150 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 4, 2026. As of June 8, 2026, 3,972 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 733 on June 2, 2027; 630 on June 3, 2027; 513 on June 4, 2027; 733 on June 2, 2028; 630 on June 5, 2028 and 733 on June 4, 2029.
Key Figures
Tax-withheld shares: 150 shares
Vested restricted shares: 513 shares
Valuation price: $212.24 per share
+5 more
8 metrics
Tax-withheld shares
150 shares
Withheld on June 4, 2026 to cover taxes
Vested restricted shares
513 shares
Restricted shares that vested on June 4, 2026
Valuation price
$212.24 per share
NYSE closing market price on June 4, 2026
Post-transaction holdings
11,332 shares
Ordinary shares held directly after transaction
Restricted shares outstanding
3,972 shares
Restricted ordinary shares as of June 8, 2026
Tranche vesting 2027
733, 630, 513 shares
Restrictions lapse June 2, 3, and 4, 2027
Tranche vesting 2028
733, 630 shares
Restrictions lapse June 2 and June 5, 2028
Final vesting tranche
733 shares
Restrictions lapse on June 4, 2029
Key Terms
tax-withholding disposition, restricted shares, NYSE closing market price, applicable employment or tax laws, +1 more
5 terms
tax-withholding disposition financial
"150 shares were withheld from the 513 restricted shares that vested on June 4, 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.
NYSE closing market price financial
"These vested shares were valued at the NYSE closing market price on June 4, 2026."
applicable employment or tax laws financial
"taxes required to be withheld pursuant to applicable employment or tax laws, as determined by the Issuer."
restrictions lapse financial
"The restrictions on these ordinary shares lapse as follows: 733 on June 2, 2027; 630 on June 3, 2027; 513 on June 4, 2027; 733 on June 2, 2028; 630 on June 5, 2028 and 733 on June 4, 2029."
FAQ
What did STERIS (STE) executive Kenneth E. Kohler report in this Form 4?
Kenneth E. Kohler reported a tax-withholding disposition of 150 STERIS ordinary shares. These shares were withheld from 513 restricted shares that vested on June 4, 2026 to satisfy tax obligations, rather than sold on the open market.
How was the tax-withholding value determined for the STERIS (STE) Form 4 transaction?
The value of the 150 withheld shares was based on the NYSE closing market price on June 4, 2026. This amount reflected the taxes required to be withheld under applicable employment or tax laws, as determined by the issuer, rather than a discretionary sale.