Fraser Mary Clare 4

4 · STERIS plc · Filed Jun 4, 2026

AI-generated summary of this filing

Updated Jun 4, 2026

STERIS (STE) SVP Mary Fraser Receives Equity Award; 591 Shares Withheld

What Happened

Mary Clare Fraser, SVP & Chief Human Resources Officer of STERIS plc, received equity awards dated June 2, 2026: 3,009 ordinary shares (awarded at $0) and a derivative award covering 10,492 shares (awarded at $0). On the same date, 591 vested shares were withheld to satisfy tax withholding obligations, valued at $209.76 per share for a total of $123,968.
These transactions are award/grant activity (not an open-market purchase). The 591-share disposition is a tax withholding (routine) rather than a voluntary sale for investment purposes.

Key Details

Transaction dates: June 2, 2026; Form 4 filed June 4, 2026 (timely filing).
Prices and values: 591 shares withheld at $209.76 each = $123,968. Awards were granted at $0 (typical for RSUs/options).
Shares owned after transaction: Not specified in the filing excerpt provided.
Notable footnotes:
- F1: 7,554 ordinary shares remain subject to restrictions with scheduled lapse dates between June 2026 and June 2029 (schedule provided in filing).
- F2: The 591 shares were withheld from 2,028 restricted shares that vested on June 2, 2026; withholding value determined using NYSE close price on that date.
- F3: The 10,492-share derivative award becomes exercisable in four installments of 2,623 shares on June 2, 2027; June 2, 2028; June 4, 2029; and June 3, 2030.
Transaction codes: A = Award/Grant; F = Tax withholding.

Context

The 10,492-share derivative grant is an option-style award with multi-year exercisability (see F3). The withholding of 591 vested shares to cover taxes is a common administrative step (a cashless-type withholding) and does not necessarily reflect a discretionary sale by the insider. These awards and withholdings are routine compensation events for executives.

Form 4

Period: 2026-06-02

SVP & Chief HRO

Transactions

Award
Ordinary Shares
[F1]
2026-06-02+3,009→ 15,218 total
Tax Payment
Ordinary Shares
[F2][F1]
2026-06-02$209.76/sh−591$123,968→ 14,627 total
Award
Employee Stock Option (right to buy)
[F3]
2026-06-02+10,492→ 10,492 total
Exercise: $230.74Exp: 2036-06-02→ Ordinary Shares (10,492 underlying)

Footnotes (3)

[F1]As of June 2, 2026, 7,554 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 835 on June 3, 2026; 1,360 on June 4, 2026; 1,003 on June 2, 2027; 835 on June 3, 2027; 680 on June 4, 2027; 1,003 on June 2, 2028; 835 on June 5, 2028 and 1,003 on June 4, 2029.
[F2]591 shares were withheld from the 2,028 restricted shares that vested on June 2, 2026. These 591 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 2, 2026.
[F3]This option becomes exercisable as follows: 2,623 on June 2, 2027, 2,623 on June 2, 2028, 2,623 on June 4, 2029 and 2,623 on June 3, 2030.

Signature

/s/ John P. Ubbing, Authorized Representative under Power of Attorney|2026-06-04

1 file