STERIS (NYSE: STE) CEO sees 5,937 RSUs vest; 2,619 shares withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc President and CEO Daniel A. Carestio reported a routine tax-withholding transaction related to vesting restricted stock. On June 3, 2026, 2,619 ordinary shares were withheld at $210.19 per share to cover employment and tax obligations when 5,937 restricted shares vested.
After this withholding, he directly owned 69,964 ordinary shares, including 44,176 restricted shares as of June 3, 2026. These restricted shares are scheduled to lapse in stages between June 4, 2026 and June 4, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carestio Daniel A
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 2,619 | $210.19 | $550K |
Holdings After Transaction:
Ordinary Shares — 69,964 shares (Direct, null)
Footnotes (1)
- 2,619 shares were withheld from the 5,937 restricted shares that vested on June 3, 2026. These 2,619 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 3, 2026. As of June 3, 2026, 44,176 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 4,283 on June 4, 2026; 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
Shares withheld for taxes: 2,619 shares
Withholding share price: $210.19 per share
Restricted shares vested: 5,937 shares
+4 more
7 metrics
Shares withheld for taxes
2,619 shares
Tax-withholding disposition on June 3, 2026
Withholding share price
$210.19 per share
Valued at NYSE closing market price on June 3, 2026
Restricted shares vested
5,937 shares
Restricted shares vesting on June 3, 2026
Shares held after transaction
69,964 shares
Directly owned ordinary shares following June 3, 2026 transaction
Restricted shares outstanding
44,176 shares
Restricted ordinary shares as of June 3, 2026
Next vesting tranche
4,283 shares
Restrictions lapse on June 4, 2026
Later vesting tranches
7,912; 5,937; 4,283; 7,912; 5,937; 7,912 shares
Restrictions lapse between June 2, 2027 and June 4, 2029
Key Terms
restricted shares, taxes required to be withheld, NYSE closing market price, ordinary shares, +1 more
5 terms
taxes required to be withheld financial
"These 2,619 shares represent the value of the taxes required to be withheld pursuant to applicable employment or tax laws."
NYSE closing market price financial
"These vested shares were valued at the NYSE closing market price on June 3, 2026."
vesting schedule financial
"The restrictions on these ordinary shares lapse as follows: 4,283 on June 4, 2026; 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."
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 a tax-withholding share disposition. On June 3, 2026, 2,619 ordinary shares were withheld to cover taxes when 5,937 restricted shares vested, a routine compensation-related event rather than an open-market trade.