Fraser Mary Clare 4

What Happened

• Mary Clare Fraser, SVP and Chief Human Resources Officer of STERIS plc, had 600 ordinary shares withheld to satisfy tax withholding obligations when 1,360 restricted shares vested on June 4, 2026. The withheld shares were valued at $212.24 each, totaling $127,344. This is a tax-withholding (code F) transaction, not an open-market sale or purchase.

Key Details

• Transaction date: June 4, 2026; Form 4 filed: June 8, 2026 (filed within the standard two-business-day Form 4 window).
• Withheld: 600 shares at $212.24 each; total value $127,344.
• Vested on June 4, 2026: 1,360 restricted shares; net delivered to Ms. Fraser after withholding: 760 shares.
• Restricted shares remaining (per footnote as of June 8, 2026): 5,359 ordinary shares remain restricted. Lapse schedule: 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.
• Transaction code: F = tax withholding (routine withholding to satisfy tax obligations).

Context

• This was a routine tax-withholding event tied to restricted share vesting (similar to a "sell-to-cover" where shares are withheld to pay taxes). It is not an independent sale or purchase and does not necessarily indicate a change in insider sentiment about the company.