STERIS (NYSE: STE) SVP Fraser has 311 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc senior executive handles tax withholding on vested shares. SVP & Chief HRO Mary Clare Fraser had 311 ordinary shares withheld on June 3, 2026 to cover taxes on 835 restricted shares that vested, based on the NYSE closing price that day. After this non-market tax-withholding disposition, she directly holds 14,316 ordinary shares, including 6,719 restricted shares scheduled to lapse in stages between June 4, 2026 and June 4, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Fraser Mary Clare
Role
SVP & Chief HRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 311 | $210.19 | $65K |
Holdings After Transaction:
Ordinary Shares — 14,316 shares (Direct, null)
Footnotes (1)
- 311 shares were withheld from the 835 restricted shares that vested on June 3, 2026. These 311 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 3, 2026. As of June 3, 2026, 6,719 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 1,360 on June 4, 2026; 1,003 on June 2, 2027; 835 on June 3, 2027; 680 on June 4, 2027; 1,003 on June 2, 2028; 835 on June 5, 2028 and 1,003 on June 4, 2029.
Key Figures
Shares withheld for taxes: 311 shares
Restricted shares vested: 835 shares
Post-transaction holdings: 14,316 shares
+2 more
5 metrics
Shares withheld for taxes
311 shares
Tax-withholding disposition on June 3, 2026
Restricted shares vested
835 shares
Restricted shares that vested on June 3, 2026
Post-transaction holdings
14,316 shares
Ordinary shares directly held after June 3, 2026 transaction
Remaining restricted shares
6,719 shares
Restricted ordinary shares as of June 3, 2026
Share price used for tax valuation
$210.19 per share
NYSE closing market price on June 3, 2026
Key Terms
tax-withholding disposition, restricted shares, NYSE closing market price, ordinary shares
4 terms
tax-withholding disposition financial
"These 311 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws"
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 3, 2026"
FAQ
What insider transaction did STERIS (STE) report for Mary Clare Fraser?
STERIS reported that SVP & Chief HRO Mary Clare Fraser had 311 ordinary shares withheld on June 3, 2026 to cover taxes on 835 vested restricted shares. This was a tax-withholding disposition, not an open-market share purchase or sale.