Form 4: Sotera Health Co. CFO Jonathan Lyons Reports Stock and Option Grants

Sentiment:

SEC Form 4


Jonathan M. Lyons, CFO of Sotera Health Co., reports the acquisition of restricted stock units and stock options, as well as holdings of existing RSUs.

Summary

  • Jonathan M. Lyons, the Senior Vice President and CFO of Sotera Health Co., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
  • On March 4, 2024, Lyons acquired 41,124 Restricted Stock Units (RSUs) and 81,676 stock options.
  • The RSUs vest annually in three equal installments starting March 2, 2025.
  • The stock options also vest annually in three equal installments commencing March 2, 2025.
  • Lyons also holds 118,091 RSUs.
  • Lyons also holds 33,640 stock options granted on August 7, 2023, which vest annually commencing August 5, 2024.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of standard executive compensation. It doesn't inherently indicate positive or negative sentiment.

Positives

  • The grant of RSUs and stock options to the CFO aligns his interests with those of the shareholders.
  • The vesting schedules encourage long-term commitment from the CFO.

Industry Context

Form 4 filings are a routine part of executive compensation and are common across publicly traded companies.

Stakeholder Impact

  • The grants align the CFO's interests with shareholders, potentially driving long-term value creation.

Key Dates

DateDescription
07/06/2023Power of Attorney for Mr. Lyons filed as an exhibit to Form 3
08/07/2023Stock options granted to Mr. Lyons
08/05/2024Stock options granted on August 7, 2023 vest annually commencing on this date
03/04/2024Date of transaction: grant of RSUs and stock options
03/02/2025RSUs and stock options granted on March 4, 2024 vest annually commencing on this date
03/06/2024Date of Form 4 signature
08/07/2033Expiration date of stock options
03/04/2034Expiration date of stock options

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