STERIS (STE) SVP Cary Majors awarded shares, options and reports tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc senior executive Cary L. Majors reported routine equity compensation and related tax withholding. On June 2, 2026, he received a grant of 4,746 ordinary shares, bringing his direct holdings to 17,405 shares. A separate entry shows 67 shares disposed at $209.76 per share solely to satisfy tax obligations on 2,140 restricted shares that vested the same day.
Majors was also granted an employee stock option for 16,548 ordinary shares at an exercise price of $230.74 per share, expiring on June 2, 2036. As of June 2, 2026, 10,047 of his ordinary shares are restricted, scheduled to vest in stages through June 4, 2029. In addition, units representing 67 ordinary share equivalents are held for him under the STERIS Corporation 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Majors Cary L
Role
SVP and President, Healthcare
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 16,548 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 4,746 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 67 | $209.76 | $14K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 16,548 shares (Direct, null);
Ordinary Shares — 17,405 shares (Direct, null);
Ordinary Shares — 67 shares (Indirect, See Footnote Below)
Footnotes (1)
- As of June 2, 2026, 10,047 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 2,379 on June 4, 2027; 2,922 on June 5, 2028 and 4,746 on June 4, 2029. 67 shares were withheld from the 2,140 restricted shares that vested on June 2, 2026. These 67 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 67 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: 4,137 on June 2, 2027, 4,137 on June 2, 2028, 4,137 on June 4, 2029 and 4,137 on June 3, 2030.
Key Figures
Share grant: 4,746 ordinary shares
Tax-withheld shares: 67 ordinary shares
Tax withholding valuation price: $209.76 per share
+5 more
8 metrics
Share grant
4,746 ordinary shares
Equity award to Cary L. Majors on June 2, 2026
Tax-withheld shares
67 ordinary shares
Withheld to cover taxes on 2,140 restricted shares vesting June 2, 2026
Tax withholding valuation price
$209.76 per share
Value used for 67 shares withheld for taxes
Post-transaction direct holding
17,405 ordinary shares
Direct shares held by Cary L. Majors after transactions
Restricted shares outstanding
10,047 ordinary shares
Restricted as of June 2, 2026, vesting through June 4, 2029
Stock option grant size
16,548 options
Employee stock option covering ordinary shares granted June 2, 2026
Stock option exercise price
$230.74 per share
Exercise price for 16,548-share employee stock option
Indirect 401(k) units
67 share equivalents
Units held under STERIS Corporation 401(k) Plan as of May 29, 2026
Key Terms
restricted, restricted shares that vested, Employee Stock Option (right to buy), 401(k) Plan, +1 more
5 terms
restricted financial
"As of June 2, 2026, 10,047 of these ordinary shares are restricted."
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy) ... underlying security shares 16,548.0000"
401(k) Plan financial
"Units representing 67 ordinary share equivalents are held on behalf of the Reporting Person under the STERIS Corporation 401(k) Plan as of May 29, 2026."
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.
taxes required to be withheld financial
"These 67 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws."
FAQ
What insider transactions did STERIS (STE) executive Cary L. Majors report?
Cary L. Majors reported routine equity transactions, including a grant of 4,746 ordinary shares and an employee stock option for 16,548 shares. He also had 67 shares withheld to cover taxes on newly vested restricted stock, with no open-market purchases or sales disclosed.
What equity awards did Cary L. Majors receive from STERIS (STE) on June 2, 2026?
On June 2, 2026, Cary L. Majors received 4,746 ordinary shares as an equity grant and an employee stock option covering 16,548 ordinary shares at an exercise price of $230.74. The option expires on June 2, 2036 and vests in four equal annual installments.
What are the key terms of Cary L. Majors’ new STERIS (STE) stock option grant?
The new employee stock option covers 16,548 ordinary shares at an exercise price of $230.74 per share. It becomes exercisable in four installments between June 2, 2027 and June 3, 2030, and expires on June 2, 2036, aligning with a long-term incentive structure.