STERIS CFO has 99 shares withheld for taxes
STERIS plc reported that Sr.
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Rhea-AI Filing Summary
STERIS plc reported that Sr. Vice President and CFO Karen L. Burton had 99 ordinary shares withheld on June 1, 2026 to cover tax obligations on vested restricted stock. The Form 4 classifies this as a tax-withholding disposition, not an open-market trade.
The 99 shares were withheld from 340 restricted shares that vested on that date, valued at the NYSE closing market price. After this transaction, Burton directly holds 8,205 ordinary shares, of which 5,139 are restricted with scheduled lapses through October 1, 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Ordinary Shares | 99 | $0.00 | $0.00 |
Footnotes (2)
- F1. 99 shares were withheld from the 340 restricted shares that vested on June 1, 2026. These 99 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 1, 2026.
- F2. As of June 1, 2026, 5,139 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 225 on June 2, 2026; 651 on June 3, 2026; 306 on June 4, 2026; 783 on October 1, 2026; 651 on June 3, 2027; 306 on June 4, 2027; 783 on October 1, 2027; 651 on June 5, 2028 and 783 on October 1, 2028.
Key Figures
Key Terms
taxes required to be withheld financial
NYSE closing market price financial
FAQ
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What did STERIS (STE) CFO Karen L. Burton report in this Form 4?
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