Form 4: Sotera Health Co CFO Jonathan Lyons Reports Stock Transactions
SEC Form 4
Jonathan Lyons, CFO of Sotera Health Co, reports acquisition and disposal of common stock and restricted stock units (RSUs) on March 2nd and 3rd, 2025.
Summary
- On March 2, 2025, Jonathan Lyons, the CFO of Sotera Health Co, had 6,481 shares of common stock withheld by the issuer to cover tax obligations related to the vesting of RSUs at a price of $12.47 per share, leaving him with 103,951 shares.
- On March 3, 2025, Lyons acquired 59,790 RSUs and 37,369 RSUs, both granted under the 2020 Omnibus Incentive Plan, increasing his total holdings to 201,110 shares, including 175,887 RSUs and 25,223 shares of common stock.
- Additionally, Lyons was granted a maximum of 29,895 performance-based RSUs on March 3, 2025, also under the 2020 Incentive Plan, subject to stock price-related performance conditions.
Sentiment
Score: 6
Explanation: The document reflects routine insider transactions related to equity compensation, which is neutral to slightly positive as it aligns management interests with shareholders.
Positives
- The granting of RSUs and performance-based RSUs to the CFO aligns his interests with the company's performance and shareholder value.
Future Outlook
The RSUs granted on March 3, 2025, vest over the next few years, aligning the CFO's compensation with the company's long-term performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investor confidence.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding the CFO's holdings and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 08/07/2023 | Stock options granted on this date vest annually in three equal installments commencing August 5, 2024. |
| 03/04/2024 | Stock options granted on this date vest annually in three equal installments commencing on March 2, 2025. |
| 03/04/2024 | RSU award granted to the Reporting Person on this date. |
| 03/02/2025 | Shares withheld for tax obligations related to RSU vesting. |
| 03/03/2025 | RSUs and performance-based RSUs granted. |
| 03/03/2026 | RSUs generally vest annually in 60%, 20%, and 20% installments, respectively, commencing on this date. |
| 03/03/2027 | RSUs vest in two equal installments on each of March 3, 2026 and this date. |
| 03/04/2034 | Expiration date for some stock options. |
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