STOCK TITAN

STERIS (STE) SVP Kenneth Kohler reports tax-withholding of shares on RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

STERIS plc senior executive reports routine tax withholding on vested shares. On June 1, 2026, SVP & GM, AST Kenneth E. Kohler had 109 ordinary shares withheld to cover taxes on 373 restricted shares that vested, with the value based on the NYSE closing price on that date.

After this disposition, he directly holds 9,533 ordinary shares, of which 3,141 are still restricted as of June 1, 2026 and scheduled to lapse in stages through June 5, 2028. The filing also corrects previously misreported beneficial ownership amounts.

Positive

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Insights

Routine tax withholding on RSU vesting; no open-market trading signal.

The transaction involves 109 ordinary shares withheld to satisfy tax obligations on 373 restricted shares that vested on June 1, 2026. The price is effectively the NYSE closing market price used to determine the tax value, not a voluntary sale.

Code F events are standard for equity awards and do not represent open-market buying or selling. Following this withholding, Kohler directly holds 9,533 ordinary shares, including 3,141 restricted shares with vesting dates extending to June 5, 2028, indicating an ongoing equity stake.

The footnote clarification that prior Form 4s misreported beneficially owned shares means this filing also cleans up historical ownership records. The economic signal is limited because there is no discretionary trade; it is a mechanical tax payment linked to compensation.

Insider Kohler Kenneth E
Role SVP & GM, AST
Type Security Shares Price Value
Tax Withholding Ordinary Shares 109 $0.00 --
Holdings After Transaction: Ordinary Shares — 9,533 shares (Direct, null)
Footnotes (1)
  1. 109 shares were withheld from the 373 restricted shares that vested on June 1, 2026. These 109 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. As of June 1, 2026, 3,141 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 225 on June 2, 2026; 630 on June 3, 2026; 513 on June 4, 2026; 630 on June 3, 2027; 513 on June 4, 2027 and 630 on June 5, 2028. The shares beneficially owned were erroneously reported in prior Form 4s. The shares held are being corrected in this Form 4 to reflect the current amount of shares beneficially owned.
Tax-withheld shares 109 shares Withheld on June 1, 2026 to cover taxes on vesting
Vested restricted shares 373 shares Restricted shares that vested on June 1, 2026
Post-transaction holdings 9,533 shares Ordinary shares directly held after tax withholding
Restricted shares outstanding 3,141 shares Restricted as of June 1, 2026, with scheduled lapses
Near-term vesting tranche 225 shares Restrictions lapse on June 2, 2026
Vesting tranches 2026 630, 513, 630 shares Lapse on June 3, 2026; June 4, 2026; June 3, 2027
Final vesting date June 5, 2028 Restrictions lapse on 630 shares
restricted shares financial
"As of June 1, 2026, 3,141 of these ordinary shares are restricted."
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
tax-withholding disposition financial
"109 shares were withheld from the 373 restricted shares that vested on June 1, 2026."
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.
beneficially owned financial
"The shares beneficially owned were erroneously reported in prior Form 4s."
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
vesting financial
"109 shares were withheld from the 373 restricted shares that vested on June 1, 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
NYSE closing market price financial
"These vested shares were valued at the NYSE closing market price on June 1, 2026."
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kohler Kenneth E

(Last)(First)(Middle)
C/O 70 SIR JOHN ROGERSON'S QUAY

(Street)
DUBLIN 2D02 R296

(City)(State)(Zip)

IRELAND

(Country)
2. Issuer Name and Ticker or Trading Symbol
STERIS plc [ STE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP & GM, AST
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Ordinary Shares06/01/2026F109(1)D$09,533(2)(3)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 109 shares were withheld from the 373 restricted shares that vested on June 1, 2026. These 109 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.
2. As of June 1, 2026, 3,141 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 225 on June 2, 2026; 630 on June 3, 2026; 513 on June 4, 2026; 630 on June 3, 2027; 513 on June 4, 2027 and 630 on June 5, 2028.
3. The shares beneficially owned were erroneously reported in prior Form 4s. The shares held are being corrected in this Form 4 to reflect the current amount of shares beneficially owned.
Remarks:
/s/ John P. Ubbing, Authorized Representative under Power of Attorney06/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did STERIS (STE) executive Kenneth E. Kohler report in this Form 4?

Kenneth E. Kohler reported that 109 ordinary shares of STERIS were withheld on June 1, 2026 to cover taxes on 373 restricted shares that vested. This is a routine tax-withholding disposition related to equity compensation rather than an open-market share sale or purchase.

Was the STERIS (STE) Form 4 transaction an open-market sale of shares?

No, the Form 4 shows a tax-withholding disposition coded as F, not an open-market sale. 109 shares were withheld by the issuer to pay required taxes on vested restricted shares, using the NYSE closing price on June 1, 2026 to determine the tax value.

How many STERIS (STE) shares does Kenneth E. Kohler hold after the reported transaction?

After the June 1, 2026 tax-withholding transaction, Kenneth E. Kohler directly holds 9,533 ordinary shares of STERIS. Footnotes indicate that 3,141 of these shares are restricted as of that date, with the restrictions scheduled to lapse in several tranches through June 5, 2028.

What restricted share vesting schedule is disclosed for STERIS (STE) executive Kenneth E. Kohler?

As of June 1, 2026, 3,141 ordinary shares are restricted, with lapses of 225 on June 2, 2026, 630 on June 3, 2026, 513 on June 4, 2026, 630 on June 3, 2027, 513 on June 4, 2027, and 630 on June 5, 2028, providing a detailed vesting timetable.

Why does the STERIS (STE) Form 4 mention a correction to previously reported shares?

A footnote explains that the number of shares beneficially owned was erroneously reported in prior Form 4 filings. This Form 4 corrects the holdings to reflect the current amount of shares beneficially owned, improving the accuracy of disclosed insider ownership information for investors and regulators.

What is the significance of the 373 restricted shares mentioned in the STERIS (STE) Form 4?

The 373 restricted shares vested on June 1, 2026, triggering a tax obligation. To satisfy this, 109 of those shares were withheld by the issuer. The vesting delivers equity compensation to the executive, while the withholding ensures required employment or tax law obligations are met.