Majors Cary L 4

What Happened Cary L. Majors, SVP and President, Healthcare at STERIS plc, had 2,697 restricted ordinary shares vest on June 1, 2026. To satisfy tax withholding obligations, 768 of those vested shares were withheld by the company (reported as a "F" tax withholding transaction). The Form 4 reports the withheld shares as disposed at $0.00 (the withholding was valued using the NYSE closing price on June 1, 2026 per the footnote).

Key Details

• Transaction date: June 1, 2026 (Form filed June 3, 2026 — timely filing).
• Reported transaction type/code: F (payment of tax liability via share withholding).
• Withheld shares: 768 shares; Vested shares: 2,697 total; Net vested delivered to Majors: 1,929 shares (2,697 − 768).
• Form 4 reports the withheld shares at $0.00; footnote clarifies the withheld shares were valued at the NYSE closing market price on June 1, 2026 to determine tax withholding.
• Holdings noted: 7,441 ordinary shares are listed as restricted (with remaining lapse schedule: 2,140 on 6/2/2026; 2,379 on 6/4/2027; 2,922 on 6/5/2028). Additionally, 67 share equivalents are held for the reporting person under the STERIS 401(k) plan (as of 5/29/2026).

Context This was a routine tax-withholding settlement on vested restricted stock (a cashless withholding), not an open-market sale or purchase, and therefore does not by itself indicate insider sentiment. For retail investors, purchases are generally more indicative of a positive signal; withholding on vesting is standard administrative practice.