STERIS plc·4

Jun 8, 4:32 PM ET

Tamaro Renato 4

Research Summary

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STERIS (STE) VP & Treasurer Renato Tamaro Withholds 65 Shares for Taxes

What Happened
Renato Tamaro, Vice President & Corporate Treasurer of STERIS plc, had 65 ordinary shares withheld to satisfy tax withholding obligations related to the vesting of restricted shares. The 65 shares were valued at the NYSE closing price of $212.24 on June 4, 2026, for a total tax withholding value of $13,796. These 65 shares were withheld from 221 restricted shares that vested the same day; the remaining 156 vested shares were delivered to him.

Key Details

  • Transaction date: June 4, 2026; Filing date (Form 4): June 8, 2026 (appears timely).
  • Price used for valuation/withholding: $212.24 (NYSE close on June 4, 2026).
  • Shares withheld/disposed: 65 shares; total value of withheld shares: $13,796. (Transaction code F = tax withholding.)
  • Vesting: 221 restricted shares vested on June 4, 2026; 65 were withheld for taxes, 156 delivered net.
  • Restricted shares remaining: As of June 8, 2026, 1,405 ordinary shares are restricted. Vesting schedule: 250 on Jun 2, 2027; 217 on Jun 3, 2027; 221 on Jun 4, 2027; 250 on Jun 2, 2028; 217 on Jun 5, 2028; 250 on Jun 4, 2029.
  • Note: Withholding was determined by the issuer per applicable employment/tax laws and valued at the NYSE close price (footnotes F1–F2).

Context
This was a routine tax-withholding (cashless settlement) associated with RSU vesting, not an open-market sale or purchase. Such withholdings are standard to cover tax obligations and do not necessarily indicate the insider’s market view. (Transaction code reference: F = tax withholding.)