Form 4: STERIS plc Executive Daniel Carestio Reports Share Transaction
SEC Form 4
Daniel Carestio, President and CEO of STERIS plc, reports the withholding of 130 ordinary shares to cover tax obligations upon vesting of restricted shares.
Summary
- On October 1, 2024, Daniel Carestio, President and CEO of STERIS plc, had 130 ordinary shares withheld to cover tax obligations.
- These shares were withheld from the 289 restricted shares that vested on the same date.
- The withholding price was $235.78 per share.
- Following the transaction, Mr. Carestio beneficially owns 56,186 ordinary shares, of which 28,006 are restricted and will vest over the next few years.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction related to executive compensation.
Industry Context
This is a routine filing related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a standard procedure for covering tax obligations on vested shares.
Key Dates
| Date | Description |
|---|---|
| 10/01/2021 | Date Mr. Carestio was awarded 289 ordinary shares. |
| 10/01/2024 | Date of share withholding for tax obligations and vesting of restricted shares. |
| 06/02/2025 | Date of next vesting of 4,308 restricted shares. |
| 06/02/2025 | Date of next vesting of 1,514 restricted shares. |
| 06/02/2025 | Date of next vesting of 2,369 restricted shares. |
| 06/04/2025 | Date of next vesting of 4,283 restricted shares. |
| 10/01/2025 | Date of next vesting of 289 restricted shares. |
| 06/01/2026 | Date of next vesting of 4,308 restricted shares. |
| 06/02/2026 | Date of next vesting of 2,369 restricted shares. |
| 06/04/2026 | Date of next vesting of 4,283 restricted shares. |
| 06/04/2027 | Date of next vesting of 4,283 restricted shares. |
| 10/02/2024 | Date of signature of the report. |
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