Fraser Mary Clare 4

What Happened
Mary Clare Fraser, SVP & Chief Human Resources Officer of STERIS plc (STE), had 311 of her restricted shares withheld to cover taxes when 835 restricted shares vested on June 3, 2026. The 311 shares were valued at $210.19 each (NYE closing price on 6/3/26), for a total withholding value of $65,369. This was a tax-withholding disposition (code F), a routine administrative action rather than an open-market sale.

Key Details

• Transaction date: June 3, 2026. Report filed June 5, 2026 (timely filing).
• Withheld/disposed: 311 shares at $210.19 per share — total $65,369.
• Vesting: 835 restricted shares vested on June 3, 2026; 311 of those were withheld for taxes.
• Restricted shares remaining (per filing): 6,719 restricted ordinary shares as of June 3, 2026, with scheduled lapse dates listed in the footnote.
• Footnote notes: withheld shares represent taxes required under employment/tax law and were valued at the NYSE closing price on 6/3/26.
• Transaction code: F = tax withholding (not an open-market sale or purchase).

Context
Tax-withholding dispositions are common when restricted stock vests and do not necessarily indicate the insider is selling shares for investment reasons. Because shares were withheld to satisfy tax obligations, this is a routine administrative transaction rather than a directional insider buy or sell signal.