Director Cynthia Feldmann of STERIS (STE) exercises options and sells 3,098 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc director Cynthia L. Feldmann exercised stock options and sold shares in a same‑day transaction. She exercised options for 3,098 ordinary shares through a derivative conversion, then acquired the same number of ordinary shares at a price of $152.32 per share. She subsequently sold 3,098 ordinary shares in an open‑market transaction at a weighted average price of $237.21 per share, leaving 705 ordinary shares held directly. In addition, 8,663 ordinary shares are held indirectly in a revocable trust for which Ms. Feldmann and her husband serve as trustees.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,098 shares ($734,877)
Net Sell
4 txns
Insider
FELDMANN CYNTHIA L
Role
Director
Sold
3,098 shs ($735K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Director Stock Option (right to buy) | 3,098 | $0.00 | -- |
| Exercise | Ordinary Shares | 3,098 | $152.32 | $472K |
| Sale | Ordinary Shares | 3,098 | $237.21 | $735K |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Director Stock Option (right to buy) — 0 shares (Direct);
Ordinary Shares — 3,803 shares (Direct);
Ordinary Shares — 8,663 shares (Indirect, See Footnote Below)
Footnotes (1)
- Price reflects a weighted average sale price for multiple transactions ranging from $237.16 to $237.33 per share, inclusive. The Reporting Person undertakes to provide, upon request by the SEC Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. These ordinary shares are held in a revocable trust, with Ms. Feldmann and her husband as Trustees. These nonqualified stock options are fully vested and are exercisable immediately.
FAQ
What insider transactions did STERIS (STE) director Cynthia Feldmann report?
Cynthia L. Feldmann reported exercising options into 3,098 ordinary shares and then selling 3,098 shares in an open‑market transaction. The filing also shows she continues to hold shares both directly and indirectly through a revocable trust.
What stock option activity did Cynthia Feldmann report for STERIS (STE)?
Cynthia L. Feldmann exercised nonqualified stock options that were fully vested and immediately exercisable, converting them into 3,098 ordinary shares. The filing describes this as an exercise or conversion of a derivative security rather than an open‑market purchase of shares.
How are Cynthia Feldmann’s indirect STERIS (STE) holdings structured?
The Form 4 reports 8,663 ordinary shares held indirectly in a revocable trust. A footnote explains that these shares are held in a trust where Cynthia L. Feldmann and her husband act as trustees, reflecting beneficial ownership through this structure.