Form 4: STERIS VP Renato Tamaro Reports Tax Withholding Transaction
Insider Transaction Report
STERIS plc Vice President and Corporate Treasurer Renato Tamaro reported the withholding of 64 shares to cover tax obligations upon the vesting of restricted stock.
Summary
- Renato Tamaro, V.P. & Corporate Treasurer of STERIS plc, executed a transaction on June 3, 2026.
- 64 ordinary shares were withheld by the company to satisfy tax withholding requirements related to the vesting of 217 restricted shares.
- The shares were valued at $210.19 per share based on the NYSE closing price.
- Following this transaction, the reporting person maintains beneficial ownership of 6,259 ordinary shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing with no impact on company fundamentals.
Positives
- The transaction is a routine administrative action related to tax compliance rather than a discretionary sale of equity.
Negatives
- None.
Risks
- None.
Future Outlook
The filing outlines a schedule of future restricted share vesting dates extending through June 4, 2029.
Management Comments
- The 64 shares were withheld to satisfy tax obligations pursuant to applicable employment or tax laws.
Industry Context
StockSavvy.ai notes that this is a standard regulatory disclosure for executive compensation and does not indicate a change in corporate strategy or market outlook.
Comparison to Industry Standards
- The transaction follows standard SEC reporting requirements for executive equity compensation plans common among S&P 500 companies.
Stakeholder Impact
- No material impact on shareholders, employees, or creditors.
Next Steps
- Future vesting of restricted shares scheduled for June 4, 2026, June 2, 2027, June 3, 2027, June 4, 2027, June 2, 2028, June 5, 2028, and June 4, 2029.
Key Dates
| Date | Description |
|---|---|
| 06/03/2026 | Date of transaction and vesting of restricted shares. |
| 06/04/2026 | Upcoming lapse of restrictions on 221 shares. |
| 06/05/2026 | Date of filing signature. |
Keywords
STERIS, STE, Insider Trading, Form 4, Tax Withholding, Corporate Governance
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