Tamaro Renato 4
4 · STERIS plc · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
STERIS (STE) VP Renato Tamaro Receives Award; 64 Shares Withheld
What Happened Renato Tamaro, V.P. & Corporate Treasurer of STERIS plc, had 64 of his vested restricted shares withheld to cover tax withholding obligations on June 3, 2026. The withholding covered shares valued at $210.19 each, for a total value of $13,452. This was not an open‑market sale or purchase but an issuer‑determined tax withholding related to a vesting event.
Key Details
- Transaction date: June 3, 2026; Filing date: June 5, 2026 (filed two days after the transaction).
- Withheld: 64 shares at $210.19 per share; total value ≈ $13,452. Transaction code: F (tax withholding).
- Vesting: These 64 shares were withheld from 217 restricted shares that vested on June 3, 2026; vested shares were valued at the NYSE close on that date (per footnote).
- Shares/restrictions after transaction: As of June 3, 2026, 1,626 ordinary shares remain restricted under his awards. The remaining restricted shares lapse in scheduled tranches through June 4, 2029 (see filing footnote for dates and amounts).
- No indication of a 10b5‑1 plan or gift; this is routine tax withholding, not a discretionary sale.
Context This was a cashless tax‑withholding on vested restricted stock (common when RSUs vest). Because shares were withheld by the issuer to satisfy tax obligations, the transaction does not reflect an open‑market sale or a purchase decision by the insider and should not be read as a buy/sell signal.
Insider Transaction Report
- Tax Payment
Ordinary Shares
[F1][F2]2026-06-03$210.19/sh−64$13,452→ 6,259 total
Footnotes (2)
- [F1]64 shares were withheld from the 217 restricted shares that vested on June 3, 2026. These 64 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 3, 2026.
- [F2]As of June 3, 2026, 1,626 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 221 on June 4, 2026; 250 on June 2, 2027; 217 on June 3, 2027; 221 on June 4, 2027; 250 on June 2, 2028; 217 on June 5, 2028 and 250 on June 4, 2029.