STERIS (NYSE: STE) VP reports equity grants and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc executive Renato Tamaro, Vice President & Corporate Treasurer, reported routine equity compensation changes. He received 750 ordinary shares as a grant and a new employee stock option for 2,620 ordinary shares at an exercise price of $230.74 per share, expiring on June 2, 2036. To cover tax obligations on previously granted restricted stock, 41 shares were withheld from 141 restricted shares that vested on June 2, 2026, a tax-withholding disposition rather than an open-market sale. Following these transactions, Tamaro holds 6,364 ordinary shares directly, of which 1,843 shares are restricted as of June 2, 2026 and scheduled to vest in tranches between June 3, 2026 and June 4, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Tamaro Renato
Role
V.P. & Corporate Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 2,620 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 750 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 41 | $209.76 | $9K |
Holdings After Transaction:
Employee Stock Option (right to buy) — 2,620 shares (Direct, null);
Ordinary Shares — 6,364 shares (Direct, null)
Footnotes (1)
- As of June 2, 2026, 1,843 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 217 on June 3, 2026; 221 on June 4, 2026; 250 on June 2, 2027; 217 on June 3, 2027; 221 on June 4, 2027; 250 on June 2, 2028; 217 on June 5, 2028 and 250 on June 4, 2029. 41 shares were withheld from the 141 restricted shares that vested on June 2, 2026. These 41 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. This option becomes exercisable as follows: 655 on June 2, 2027, 655 on June 2, 2028, 655 on June 4, 2029 and 655 on June 3, 2030.
Key Figures
Tax-withheld shares: 41 shares
Restricted shares vested: 141 shares
Share grant: 750 ordinary shares
+4 more
7 metrics
Tax-withheld shares
41 shares
Withheld from 141 restricted shares vesting on June 2, 2026
Restricted shares vested
141 shares
Restricted shares that vested on June 2, 2026
Share grant
750 ordinary shares
Grant/award acquisition on June 2, 2026
Stock option size
2,620 shares
Employee stock option for ordinary shares granted June 2, 2026
Option exercise price
$230.74/share
Exercise price of employee stock option expiring June 2, 2036
Shares held after
6,364 shares
Total ordinary shares directly held after transactions
Restricted shares outstanding
1,843 shares
Restricted ordinary shares as of June 2, 2026
Key Terms
restricted shares, Employee Stock Option (right to buy), tax-withholding disposition, grant/award acquisition
4 terms
Employee Stock Option (right to buy) financial
"security_title: "Employee Stock Option (right to buy)" with 2,620 shares."
tax-withholding disposition financial
"41 shares were withheld ... 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.
grant/award acquisition financial
"transaction_action: "grant/award acquisition" for share and option grants."
FAQ
What did STERIS (STE) executive Renato Tamaro report in this Form 4?
Renato Tamaro reported routine equity compensation changes, including a grant of 750 ordinary shares and a stock option for 2,620 shares. He also had 41 shares withheld to cover taxes on vesting restricted stock, with total direct holdings rising to 6,364 shares.
What stock option grant did Renato Tamaro receive from STERIS (STE)?
Tamaro received an employee stock option covering 2,620 ordinary shares at an exercise price of $230.74 per share. The option vests in four equal tranches on dates from June 2, 2027, through June 3, 2030, and expires on June 2, 2036.
What does the tax-withholding disposition in the STERIS (STE) Form 4 mean?
The tax-withholding disposition reflects 41 shares withheld from 141 newly vested restricted shares to satisfy tax obligations. This mechanism pays required employment or income taxes using shares rather than cash and is not an open-market sale decision by the executive.