Carestio Daniel A 4

What Happened
Daniel A. Carestio, President & CEO and a director of STERIS plc, had 1,254 of his restricted ordinary shares withheld on June 1, 2026 to satisfy tax withholding obligations when 4,308 restricted shares vested. The Form 4 records the withheld shares (transaction code F) at $0.00 in the filing; the company says the vested shares were valued at the NYSE closing price on June 1, 2026 for tax purposes.

Key Details

• Transaction date: June 1, 2026; Filing date: June 3, 2026 (filed within the Form 4 deadline).
• Reported transaction: 1,254 shares withheld to cover taxes (payment of tax liability; code F). The filing shows $0.00 per share for the withholding entry.
• Vested shares: 4,308 restricted shares vested on June 1, 2026; 1,254 of those were withheld for taxes. Vested shares were valued at the NYSE closing price on June 1, 2026 (dollar amount not specified in the filing).
• Remaining restricted shares: As of June 1, 2026, 28,746 ordinary shares remain restricted. Vesting schedule noted in the filing: 2,369 on June 2, 2026; 5,937 on June 3, 2026; 4,283 on June 4, 2026; and further lapses in 2027 and 2028 (see filing for full breakdown).
• Transaction type explained: F = tax withholding (common "sell-to-cover" or shares withheld to satisfy employer tax obligations), not an open-market sale or purchase.

Context
This is a routine tax-withholding event tied to the vesting of restricted stock awards and does not represent an independent purchase decision or an open-market sale for investment reasons. Such withholdings reduce the number of shares delivered to the insider but do not necessarily signal any change in insider sentiment about the company.