Fraser Mary Clare 4

What Happened Mary Clare Fraser, Senior Vice President & Chief Human Resources Officer of STERIS plc (STE), had 2,313 restricted ordinary shares vest on June 1, 2026. To satisfy tax withholding requirements, 673 of those vested shares were withheld (reported as disposition code F). The Form 4 reports 673 shares disposed at $0.00 (cashless tax withholding); the vested shares were valued at the NYSE closing price on June 1, 2026 (value not stated in the filing). Net delivered to Fraser after withholding: 1,640 shares.

Key Details

• Transaction date: 2026-06-01; filing date (accession): 2026-06-03 (timely within Form 4 rules).
• Reported transaction: 673 shares withheld for taxes (code F); filing shows $0 proceeds because this is a withholding, not an open-market sale.
• Vested shares: 2,313 vested on June 1, 2026; 673 withheld, 1,640 delivered to the insider.
• Restricted shares remaining: 6,573 ordinary shares classified as restricted as of June 1, 2026. Future restriction lapse schedule (per footnote): 2,028 on 6/2/2026; 835 on 6/3/2026; 1,360 on 6/4/2026; 835 on 6/3/2027; 680 on 6/4/2027; 835 on 6/5/2028.
• Footnotes: F1 (withheld shares equal tax withholding; valuation based on NYSE close 6/1/2026), F2 (detailed future vesting schedule).
• Filing timeliness: Report appears timely (transaction 6/1/2026, Form 4 filed 6/3/2026).

Context This was a routine tax-withholding event tied to the vesting of restricted stock awards—not an open-market sale or purchase. Such withholdings are standard administrative actions to cover required payroll/tax obligations and generally do not, by themselves, indicate insider sentiment about the company.