Director Pincus & Co. Warburg sells entire 19,102,952 share stake in SHC for $289.8M at $15.17; stock down 4.7% in 30 days, -23.1% from 52-week high.
Pincus & Co. Warburg liquidated his complete position in Sotera Health—19,102,952 shares for $289,753,575.94 total value—on 2026-05-13, leaving zero post-transaction holdings. The sale occurred at $15.17 while the stock has since declined to $15.27 (current price is -23.1% from its 52-week high of $19.85) and has fallen 4.7% in the 30 days since the transaction. Across his prior five trades specifically at SHC, Pincus achieved well-timed exits on 2 of 5 occasions (measured by negative 90-day returns post-sale). The complete exit warrants investor attention given the large absolute dollar value and the concentration risk this insider was previously carrying.