Tax withholding trims STERIS (NYSE: STE) VP restricted share vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc reported that V.P. & Corporate Treasurer Renato Tamaro had 65 Ordinary Shares withheld on June 4, 2026 as a tax-withholding disposition tied to a restricted share vesting. The 65 shares came from 221 restricted shares that vested that day and were valued at the NYSE closing price on June 4, 2026. Following this withholding, Tamaro directly holds 6,194 Ordinary Shares, of which 1,405 remain restricted. These restrictions are scheduled to lapse in tranches between June 2, 2027 and June 4, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tamaro Renato
Role
V.P. & Corporate Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 65 | $212.24 | $14K |
Holdings After Transaction:
Ordinary Shares — 6,194 shares (Direct, null)
Footnotes (1)
- 65 shares were withheld from the 221 restricted shares that vested on June 4, 2026. These 65 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, 1,405 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 250 on June 2, 2027; 217 on June 3, 2027; 221 on June 4, 2027; 250 on June 2, 2028; 217 on June 5, 2028 and 250 on June 4, 2029.
Key Figures
Tax-withheld shares: 65 shares
Vested restricted shares: 221 shares
Post-transaction holdings: 6,194 shares
+4 more
7 metrics
Tax-withheld shares
65 shares
Withheld on June 4, 2026 to cover taxes on vested restricted shares
Vested restricted shares
221 shares
Restricted shares that vested on June 4, 2026
Post-transaction holdings
6,194 shares
Ordinary Shares directly held after the June 4, 2026 transaction
Restricted shares outstanding
1,405 shares
Restricted Ordinary Shares as of June 8, 2026
First restriction lapse
250 shares
Restrictions lapse on June 2, 2027
Final restriction lapse
250 shares
Restrictions lapse on June 4, 2029
Tax valuation price
$212.24 per share
NYSE closing market price on June 4, 2026 used for tax withholding
Key Terms
tax-withholding disposition, restricted shares, NYSE closing market price, Ordinary Shares
4 terms
tax-withholding disposition financial
"65 shares were withheld from the 221 restricted shares that vested on June 4, 2026. These 65 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.
NYSE closing market price financial
"These vested shares were valued at the NYSE closing market price on June 4, 2026."
FAQ
What insider transaction did STERIS (STE) report for Renato Tamaro?
STERIS reported that V.P. & Corporate Treasurer Renato Tamaro had 65 Ordinary Shares withheld to cover taxes on June 4, 2026. These shares were taken from 221 restricted shares that vested that day and were valued at the NYSE closing price.
Was the STERIS (STE) Form 4 transaction an open-market sale?
The Form 4 describes a tax-withholding disposition, not an open-market sale. Sixty-five shares were withheld by the company from vested restricted shares to satisfy tax obligations under applicable employment or tax laws, using the NYSE closing market price.