Burton Karen L 4

What Happened Karen L. Burton, Senior Vice President and Chief Financial Officer of STERIS plc, had 90 shares withheld to satisfy tax withholding obligations related to restricted shares that vested on June 4, 2026. The withheld shares were valued at the NYSE closing price of $212.24 per share, totaling $19,102. This was a tax-withholding disposition (transaction code F), not an open-market sale or purchase.

Key Details

• Transaction date and price: June 4, 2026 — 90 shares withheld at $212.24 each (total $19,102).
• Vesting: 306 restricted shares vested on June 4, 2026; 90 of those were withheld for taxes (cashless withholding).
• Shares/restrictions after transaction: As of June 8, 2026, 9,282 ordinary shares remain restricted with scheduled lapses: 783 on Oct 1, 2026; 1,775 on Jun 2, 2027; 651 on Jun 3, 2027; 306 on Jun 4, 2027; 783 on Oct 1, 2027; 1,775 on Jun 2, 2028; 651 on Jun 5, 2028; 783 on Oct 1, 2028; and 1,775 on Jun 4, 2029. (See filing footnotes F1 and F2.)
• Filing timeliness: Form 4 was filed on June 8, 2026, which is within the required two-business-day reporting window following the June 4 transaction.
• Transaction code: F = Payment of tax liability via share withholding.

Context This was a routine tax-withholding action tied to the vesting of restricted stock, not a discretionary sale or purchase. Withholdings to cover taxes are common and generally do not signal insider sentiment about the company's stock.