Form 4: STERIS plc Executive Renato Tamaro Reports Share Transaction
SEC Form 4
Renato Tamaro, V.P. & Corporate Treasurer of STERIS plc, reports the withholding of 78 shares for tax obligations related to vested restricted shares on October 1, 2024.
Summary
- On October 1, 2024, Renato Tamaro, V.P. & Corporate Treasurer of STERIS plc, had 78 ordinary shares withheld to cover tax obligations.
- These shares were withheld from 258 restricted shares that vested on October 1, 2024.
- The vested shares were valued at $235.78 each, based on the NYSE closing market price on October 1, 2024.
- As of October 1, 2024, Mr. Tamaro beneficially owns 6,801 ordinary shares, with 1,657 of these shares being restricted.
- The restrictions on these 1,657 ordinary shares will lapse on various dates between June 2, 2025, and June 4, 2027.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing regarding share transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it relates to executive compensation and does not significantly alter the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 10/01/2021 | 258 ordinary shares were awarded to Mr. Tamaro. |
| 10/01/2024 | 78 shares withheld for taxes from 258 restricted shares that vested; transaction date. |
| 06/02/2025 | 241 restricted shares lapse. |
| 06/02/2025 | 144 restricted shares lapse. |
| 06/02/2025 | 141 restricted shares lapse. |
| 06/04/2025 | 221 restricted shares lapse. |
| 10/01/2025 | 86 restricted shares lapse. |
| 06/01/2026 | 241 restricted shares lapse. |
| 06/02/2026 | 141 restricted shares lapse. |
| 06/04/2026 | 221 restricted shares lapse. |
| 06/04/2027 | 221 restricted shares lapse. |
| 10/02/2024 | Date of signature for the report. |
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