Form 4: Sotera Health Co Director Sean Cunningham Reports Acquisition and Disposal of Shares

Director Sean Cunningham reports acquisition of restricted stock units and disposal of common stock.

Summary

• On May 24, 2024, Sean Laurence Cunningham, a director of Sotera Health Co, reported transactions involving the company's stock.
• Cunningham acquired 20,089 Restricted Stock Units (RSUs) under the Sotera Health Company 2020 Omnibus Incentive Plan.
• Each RSU represents the right to receive one share of Common Stock, vesting on the earlier of the first anniversary of the grant date or the day before the next annual shareholders meeting, contingent on continued service as a non-employee director.
• Cunningham also disposed of 20,089 shares of common stock.
• Following these transactions, Cunningham beneficially owns 20,089 RSUs and 41,560 shares of Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions by a company director, indicating a neutral sentiment.

Future Outlook

The RSUs will vest in full on the earlier of (i) the first anniversary of the date of grant, or (ii) the date immediately prior to the Issuer's next regular annual shareholders meeting, subject to the Reporting Person's continued service as a non-employee director of the Issuer through such date.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common practice for publicly traded companies.

Stakeholder Impact

• The transaction may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates