Form 4: Sotera Health Director Receives Equity Grant
Statement of Changes in Beneficial Ownership
Director Vincent K. Petrella was granted 14,970 restricted stock units as part of the company's 2020 Omnibus Incentive Plan.
Summary
- Director Vincent K. Petrella received a grant of 14,970 restricted stock units (RSUs) on May 22, 2026.
- Each RSU represents the right to receive one share of common stock upon vesting.
- The RSUs vest in full on the earlier of the first anniversary of the grant date or the day before the next annual shareholders meeting, contingent on continued service.
- Following this transaction, the director's total beneficial ownership is 95,751 shares, including the new RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial health.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- Standard retention mechanism for non-employee directors.
Negatives
- None identified in this filing.
Risks
- Vesting is subject to the director's continued service as a non-employee director.
Future Outlook
The RSUs are expected to vest within approximately one year, subject to the director's continued service.
Industry Context
StockSavvy.ai notes that equity grants to non-employee directors are a standard corporate governance practice to ensure long-term alignment with shareholder value in the healthcare services sector.
Comparison to Industry Standards
- The grant structure follows standard equity compensation practices for publicly traded companies.
- Vesting schedules tied to annual meetings are common among S&P 500 and mid-cap companies.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard director compensation event.
Next Steps
- Vesting of the 14,970 RSUs on the earlier of May 22, 2027, or the day before the next annual shareholders meeting.
Key Dates
| Date | Description |
|---|---|
| 2020-11-20 | Original filing of Power of Attorney. |
| 2026-05-22 | Grant date of restricted stock units. |
| 2026-05-27 | Filing date of the Form 4. |
Keywords
Sotera Health, SHC, Form 4, Director Compensation, Equity Grant, Insider Ownership
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