STERIS (NYSE: STE) SVP has 208 shares withheld for taxes from vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
STERIS plc senior executive Julia Madsen reported a routine tax-withholding share disposition tied to vesting equity compensation. On June 1, 2026, 578 restricted shares vested, and 208 of those shares were withheld to cover required taxes based on the NYSE closing market price that day.
After this transaction, she directly holds 10,502 ordinary shares, including 3,425 restricted shares. The restrictions on these ordinary shares are scheduled to lapse in tranches between June 2026 and June 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Madsen Julia
Role
Sr. VP and GM, Life Sciences
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 208 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 10,502 shares (Direct, null)
Footnotes (1)
- 208 shares were withheld from the 578 restricted shares that vested on June 1, 2026. These 208 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 1, 2026. As of June 1, 2026, 3,425 of these ordinary shares are restricted. The restrictions on these ordinary shares lapse as follows: 352 on June 2, 2026; 666 on June 3, 2026; 542 on June 4, 2026; 666 on June 3, 2027; 542 on June 4, 2027 and 666 on June 5, 2028.
Key Figures
Tax-withheld shares: 208 shares
Restricted shares vested: 578 shares
Post-transaction holdings: 10,502 shares
+4 more
7 metrics
Tax-withheld shares
208 shares
Shares withheld to cover taxes from vested restricted shares on June 1, 2026
Restricted shares vested
578 shares
Restricted shares that vested on June 1, 2026
Post-transaction holdings
10,502 shares
Ordinary shares directly held after June 1, 2026 transaction
Restricted shares outstanding
3,425 shares
Restricted ordinary shares as of June 1, 2026
2026 vesting tranches
352, 666, 542 shares
Restricted shares with restrictions lapsing June 2, 3, and 4, 2026
2027 vesting tranches
666, 542 shares
Restricted shares with restrictions lapsing June 3 and 4, 2027
2028 vesting tranche
666 shares
Restricted shares with restrictions lapsing June 5, 2028
Key Terms
restricted shares, tax-withholding disposition, NYSE closing market price
3 terms
tax-withholding disposition financial
"The 208 shares are classified as a tax-withholding disposition to satisfy required taxes."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
NYSE closing market price financial
"These vested shares were valued at the NYSE closing market price on June 1, 2026."
FAQ
What did STERIS (STE) executive Julia Madsen report in this Form 4?
Julia Madsen reported a tax-withholding disposition of 208 STERIS ordinary shares. These shares were withheld from 578 restricted shares that vested on June 1, 2026, to satisfy employment-related tax obligations as determined by the company.
What role does Julia Madsen hold at STERIS (STE)?
Julia Madsen serves as Senior Vice President and General Manager, Life Sciences at STERIS. Her Form 4 filing reflects equity compensation activity and related tax withholding, rather than discretionary buying or selling in the open market.