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TOKICH MICHAEL J

Sr. Vice Pres., CFO

Officer
2 filings analyzed · 1 company · Latest 2024-09-17

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Companies

Company Buys Sells Direction
STERIS plc STE 0 2 Net selling

Activity

September 2024
2024-09-17 STERIS plc STE 10b5-1 Plan
low
Sell
23,332 shares
$5,714,643
Significance 3/10

STE CFO TOKICH sold 23,332 shares for $5,714,642.92 via 10b5-1 plan; post-sale holdings 42,930 shares

TOKICH MICHAEL J, who was CFO at the time, executed 5 separate sales totaling 23,332 shares for $5,714,642.92 across two trading days (September 13–16, 2024) at prices ranging from $243.53 to $248.02, with a blended average of $244.93. This transaction is part of a pre-arranged 10b5-1 trading plan, meaning the sales were scheduled rather than discretionary. Post-transaction holdings were reduced to 42,930 shares, representing a -35.2% reduction in his shareholding relative to the pre-transaction level of 66,262 shares. As a scheduled divestiture under a 10b5-1 plan, this sale reflects a predetermined execution rather than a contemporaneous market decision.

2024-09-12 STERIS plc STE 10b5-1 Plan
medium
Sell
23,332 shares
$5,763,004
Significance 4/10

TOKICH, then-CFO of STERIS (STE), sold 23,332 shares ($5.8M) under 10b5-1 plan on 2024-09-10

TOKICH MICHAEL J, who was CFO of STERIS at the time, sold 23,332 shares at $247.00 on 2024-09-10 under a pre-arranged 10b5-1 trading plan, reducing his holdings from 66,262 to 42,930 shares. As a scheduled transaction, this sale reflects contractual execution rather than discretionary decision-making at a particular market moment. The -35.2% reduction in his holdings is material in absolute terms, though the pre-arranged nature precludes timing-based inference. The fact that TOKICH is no longer serving as the company's current CFO adds context to this transaction—it may reflect planned liquidity during or after a transition in role.

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