STE insider trade: 15,000 options exercised, 15,000 shares sold
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc (STE) Form 4: The company’s Senior Vice President, General Counsel and Secretary exercised 15,000 employee stock options at $69.72 per share on 11/11/2025 and sold 15,000 ordinary shares the same day at a weighted average price of $265.14 (range $265.00–$265.95). Following these transactions, the officer directly owned 33,669 shares as of 11/11/2025. Of these, 8,511 are restricted, with scheduled lapses through June 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,000 shares ($3,977,100)
Net Sell
3 txns
Insider
Zangerle John Adam
Role
Sr. VP, Gen Counsel, and Sec.
Sold
15,000 shs ($3.98M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 15,000 | $0.00 | -- |
| Exercise | Ordinary Shares | 15,000 | $69.72 | $1.05M |
| Sale | Ordinary Shares | 15,000 | $265.14 | $3.98M |
Holdings After Transaction:
Employee Stock Option (right to buy) — 0 shares (Direct);
Ordinary Shares — 48,669 shares (Direct)
Footnotes (1)
- As of November 11, 2025, 8,511 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 1,157 on June 1, 2026; 846 on June 2, 2026; 1,252 on June 3, 2026; 1,376 on June 4, 2026; 1,252 on June 3 2027; 1,376 on June 4, 2027 and 1,252 on June 5, 2028. Price reflects a weighted average sale price for multiple transactions ranging from $265.00 to $265.95 per share, inclusive. The Reporting Person undertakes to provide, upon request by the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. This option to purchase 15,000 STERIS plc ordinary shares, which is fully vested, was received in connection with the redomiciliation of STERIS plc to Ireland in March 2019 in exchange for an option to purchase 15,000 ordinary shares for $69.72 per share in STERIS plc prior to the redomiciliation ("Old STERIS"), subject to the same terms and conditions as the original Old STERIS stock option.
FAQ
What did STERIS (STE) disclose in this Form 4?
An officer exercised 15,000 options at $69.72 and sold 15,000 shares at a weighted average of $265.14 on 11/11/2025.
What was the option exercise price and type?
Employee stock option with a $69.72 exercise price; 15,000 options were exercised on 11/11/2025.
What is the option’s background and status post-transaction?
The 15,000-share option, fully vested, stemmed from STERIS’s 2019 redomiciliation; 0 derivative securities remained after exercise.