[Form 4] ESAB Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Teirlinck Didier P reported acquisition or exercise transactions in this Form 4 filing.
ESAB Corp director Didier P. Teirlinck received a grant of 134 deferred stock units for Board service. These units were issued in lieu of his cash retainer, with each unit representing a contingent right to one share of ESAB common stock.
The deferred stock units vest immediately, meaning the director’s right to them is fully earned on the grant date. They will be settled in ESAB common stock after his separation from the company. Following this grant, Teirlinck holds 134 deferred stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Teirlinck Didier P
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 134 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 134 shares (Direct, null)
Footnotes (1)
- Each deferred stock unit represents a contingent right to receive one share of ESAB common stock. These deferred stock units were issued in lieu of the director's cash retainer for Board service and vest immediately. The units will be settled in ESAB common stock after the director's separation from the Company.
Key Figures
Deferred stock units granted: 134 units
Deferred stock units owned after transaction: 134 units
Underlying common stock: 134 shares
+1 more
4 metrics
Deferred stock units granted
134 units
Grant to director Didier P. Teirlinck for Board retainer
Deferred stock units owned after transaction
134 units
Total deferred stock units directly held after grant
Underlying common stock
134 shares
Each unit represents one share of ESAB common stock
Transaction price per unit
$0.0000
Equity grant with no cash paid by director
Key Terms
Deferred Stock Units, contingent right, cash retainer, vest immediately
4 terms
Deferred Stock Units financial
"security_title: Deferred Stock Units"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
contingent right financial
"represents a contingent right to receive one share"
cash retainer financial
"issued in lieu of the director's cash retainer for Board service"
vest immediately financial
"were issued in lieu of the director's cash retainer for Board service and vest immediately"