Form 4: STERIS Executive Julia Madsen Reports Share Withholding
Statement of Changes in Beneficial Ownership
Senior VP Julia Madsen reported the withholding of 239 shares to cover tax obligations following the vesting of restricted stock.
Summary
- Julia Madsen, Senior VP and GM of Life Sciences at STERIS plc, reported a transaction involving the withholding of 239 ordinary shares.
- The transaction occurred on June 3, 2026, at a price of $210.19 per share.
- The withholding was executed to satisfy tax obligations related to the vesting of 666 restricted shares.
- Following this transaction, the reporting person maintains a direct beneficial ownership of 12,452 ordinary shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative tax withholding rather than a change in executive sentiment or company performance.
Positives
- The transaction is a routine administrative action related to tax withholding upon the vesting of equity awards, rather than a discretionary sale.
Negatives
- None identified; this is a standard regulatory disclosure for executive compensation.
Risks
- None identified; this filing pertains to routine equity compensation management.
Future Outlook
Not applicable; this is a historical transaction report.
Industry Context
StockSavvy.ai notes that this filing is a standard regulatory requirement for corporate insiders and does not reflect a change in company strategy or market outlook.
Comparison to Industry Standards
- The practice of withholding shares to cover tax liabilities upon the vesting of restricted stock units is a standard industry practice for publicly traded companies.
Stakeholder Impact
- No material impact on shareholders or other stakeholders.
Next Steps
- Future vesting of restricted shares as per the disclosed schedule.
Key Dates
| Date | Description |
|---|---|
| 06/03/2026 | Date of transaction and vesting of restricted shares. |
| 06/04/2026 | Lapse of restrictions on 542 shares. |
| 06/05/2026 | Date of filing signature. |
| 06/02/2027 | Lapse of restrictions on 772 shares. |
| 06/03/2027 | Lapse of restrictions on 666 shares. |
| 06/04/2027 | Lapse of restrictions on 542 shares. |
| 06/02/2028 | Lapse of restrictions on 772 shares. |
| 06/05/2028 | Lapse of restrictions on 666 shares. |
| 06/04/2029 | Lapse of restrictions on 772 shares. |
Keywords
STERIS, STE, Form 4, Insider Trading, Equity Compensation, Life Sciences
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