STERIS (STE) SVP Mary Clare Fraser has shares withheld for taxes on vesting
Rhea-AI Filing Summary
STERIS plc senior executive Mary Clare Fraser reported a routine tax-withholding transaction related to restricted share vesting. On June 4, 2026, 600 ordinary shares were withheld at $212.24 per share to cover taxes on 1,360 restricted shares that vested that day. After this tax-withholding disposition, she directly owns 13,716 ordinary shares, including 5,359 restricted shares. The restricted shares are scheduled to lapse in stages between June 2027 and June 2029, reflecting ongoing equity-based compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insights
Routine tax withholding on RSU vesting; no open‑market sale.
The filing shows 600 STERIS ordinary shares withheld as taxes when 1,360 restricted shares vested at a value of $212.24 per share. This is coded as an F transaction, which represents tax-liability settlement using shares, not discretionary selling.
Following the transaction, Mary Clare Fraser holds 13,716 ordinary shares, with 5,359 still restricted and set to vest between 2027 and 2029. Because this is a standard equity-compensation and tax event, without open-market buying or selling, it is generally viewed as administratively neutral for outside shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 600 | $212.24 | $127K |
Footnotes (1)
- 600 shares were withheld from the 1,360 restricted shares that vested on June 4, 2026. These 600 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, 5,359 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 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.