STERIS (NYSE: STE) CEO sells 4,428 shares, retains 63,647-share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc President and CEO Daniel A. Carestio reported a net sale of 4,428 Ordinary Shares in open‑market transactions. He sold 3,054 shares at $214.64 on June 4, 2026 and 1,374 shares at $212.00 on June 5, 2026.
On June 4, 2026, 1,889 shares were withheld to cover taxes on 4,283 restricted shares that vested, a non‑market tax-withholding disposition. After these transactions, he directly owns 63,647 Ordinary Shares. As of June 8, 2026, 39,893 of these shares remain restricted and are scheduled to vest in tranches through June 4, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,428 shares ($946,799)
Net Sell
3 txns
Insider
Carestio Daniel A
Role
President and CEO
Sold
4,428 shs ($947K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,374 | $212.00 | $291K |
| Tax Withholding | Ordinary Shares | 1,889 | $212.24 | $401K |
| Sale | Ordinary Shares | 3,054 | $214.64 | $656K |
Holdings After Transaction:
Ordinary Shares — 63,647 shares (Direct, null)
Footnotes (1)
- 1,889 shares were withheld from the 4,283 restricted shares that vested on June 4, 2026. These 1,889 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, 39,893 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 7,912 on June 2, 2027; 5,937 on June 3, 2027; 4,283 on June 4, 2027; 7,912 on June 2, 2028; 5,937 on June 5, 2028 and 7,912 on June 4, 2029.
Key Figures
Open-market sale 1: 3,054 shares at $214.64
Open-market sale 2: 1,374 shares at $212.00
Tax-withholding shares: 1,889 shares at $212.24
+3 more
6 metrics
Open-market sale 1
3,054 shares at $214.64
Ordinary Shares sold on June 4, 2026
Open-market sale 2
1,374 shares at $212.00
Ordinary Shares sold on June 5, 2026
Tax-withholding shares
1,889 shares at $212.24
Shares withheld for taxes on June 4, 2026
Shares after transactions
63,647 shares
Direct Ordinary Share holdings following transactions
Restricted shares outstanding
39,893 shares
Restricted Ordinary Shares as of June 8, 2026
Recently vested restricted shares
4,283 shares
Restricted shares that vested on June 4, 2026
Key Terms
Ordinary Shares, tax-withholding disposition, restricted shares, vesting schedule
4 terms
tax-withholding disposition financial
"1,889 shares 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.
vesting schedule financial
"restrictions on these ordinary shares lapse as follows with multiple future dates"
A vesting schedule is a timeline that determines when someone gains full ownership of certain benefits, such as company stock or retirement contributions. Think of it like earning the right to own a gift gradually over time, rather than receiving it all at once. It matters to investors because it affects when they can fully access or sell these benefits, influencing their financial planning and decision-making.
FAQ
What did STERIS (STE) CEO Daniel Carestio report in this Form 4?
Daniel A. Carestio reported open‑market sales of 4,428 STERIS ordinary shares and a separate tax‑withholding share disposition. These transactions reflect routine portfolio and tax management while leaving him with a substantial remaining direct stake in the company’s stock.
What is the tax-withholding transaction reported for STERIS (STE) CEO?
The filing shows 1,889 shares withheld to cover taxes on 4,283 restricted shares that vested on June 4, 2026. This is labeled as a tax-withholding disposition, not an open‑market sale, and is based on the NYSE closing price that day.