STERIS plc (STE) director Nirav Shah receives new stock options and RSUs
Rhea-AI Filing Summary
STERIS plc director Nirav R. Shah reported equity awards consisting of stock options and restricted stock units. On 2026-08-10, he received 1,506 nonqualified stock options to purchase STERIS ordinary shares at an exercise price of $238.91 per share; these options are fully vested and exercisable immediately, and expire on 2036-08-10. On the same date, he also received 512 Career Restricted Stock Units, each representing one ordinary share to be delivered six months after his Board service ends; these RSUs are fully vested immediately. Following the RSU grant, his directly held equity related to these units totals 7,015 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shah Nirav R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director Stock Option (right to buy) F1 | 1,506 | $0.00 | $0.00 |
| Grant/Award | Career Restricted Stock Units F2, F3 | 512 | $0.00 | $0.00 |
Holdings After Transaction:
Director Stock Option (right to buy) — 1,506 shares (Direct);
Career Restricted Stock Units — 7,015 shares (Direct)
Footnotes (3)
- F1. These nonqualified stock options are fully vested and are exercisable immediately.
- F2. Each Career Restricted Stock Unit represents the right to receive one STERIS ordinary share six months after the cessation of the Director's Board service.
- F3. These Career Restricted Stock Units are fully vested immediately. They will be settled in STERIS ordinary shares six months after the cessation of the Director's Board service.
Key Figures
Nonqualified stock options granted: 1,506 shares
Option exercise price: $238.91 per share
Option expiration date: 2036-08-10
+3 more
6 metrics
Nonqualified stock options granted
1,506 shares
Director stock option grant on 2026-08-10
Option exercise price
$238.91 per share
Exercise price for 1,506 nonqualified stock options
Option expiration date
2036-08-10
Expiration of director stock options granted 2026-08-10
Career RSUs granted
512 units
Career Restricted Stock Units awarded on 2026-08-10
Shares following RSU transaction
7,015 shares
Total reported following Career RSU grant
Option-to-share ratio
1,506 underlying shares
Each option relates to one STERIS ordinary share
Key Terms
Nonqualified stock options, Career Restricted Stock Units, exercise price
3 terms
Nonqualified stock options financial
"These nonqualified stock options are fully vested and are exercisable immediately."
A nonqualified stock option is a company-issued right that lets an employee or contractor buy shares later at a preset price, like a coupon to purchase stock regardless of the market price. It matters to investors because when the option is used the recipient owes ordinary-income tax on the difference between market and preset price, which affects the holder’s financial decisions and can change the company’s share count and reported expenses.
Career Restricted Stock Units financial
"Each Career Restricted Stock Unit represents the right to receive one STERIS ordinary share"
exercise price financial
"conversion_or_exercise_price": "238.9100""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What equity awards did STERIS (STE) director Nirav R. Shah receive on 2026-08-10?
Nirav R. Shah received 1,506 fully vested nonqualified stock options with a $238.91 exercise price and 512 fully vested Career Restricted Stock Units, each representing one STERIS ordinary share delivered after his Board service ends.
What is the exercise price and term of Nirav R. Shah’s new STERIS (STE) stock options?
The granted stock options have an exercise price of $238.91 per share and are fully vested and exercisable immediately. They carry an expiration date of 2036-08-10, providing a long-dated window to exercise into STERIS ordinary shares.
How do the Career Restricted Stock Units for STERIS (STE) director Nirav R. Shah settle?
Each Career Restricted Stock Unit represents the right to receive one STERIS ordinary share. They are fully vested immediately but will be settled in shares six months after the cessation of Nirav R. Shah’s Board service with STERIS.
Are Nirav R. Shah’s new STERIS (STE) stock options and RSUs immediately vested?
Yes. The 1,506 nonqualified stock options are reported as fully vested and exercisable immediately. The 512 Career Restricted Stock Units are also fully vested immediately, though settlement occurs months after his Board service ends.
AI-generated analysis. How Rhea-AI works. Not financial advice.
