STOCK TITAN

ESAB (NYSE: ESAB) CEO awarded 580,552-share performance stock option at $82.92

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

ESAB Corp President and CEO Shyam Kambeyanda received a performance stock option grant covering 580,552 shares of ESAB common stock. The option has an exercise price of $82.92 per share and expires on June 9, 2033.

The award vests in three tranches based on ESAB’s achievement of specified performance criteria during a four-year period that starts on the second anniversary of the grant and ends on the sixth anniversary. Vesting also requires Kambeyanda’s continued service through the later of the fourth, fifth and sixth anniversaries of the grant date and the date when performance achievement is certified.

Positive

  • None.

Negative

  • None.
Insider Kambeyanda Shyam
Role President and CEO
Type Security Shares Price Value
Grant/Award Performance Stock Option (right to buy) 580,552 $0.00 --
Holdings After Transaction: Performance Stock Option (right to buy) — 580,552 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Option grant size 580,552 shares Performance stock option award covering ESAB common stock
Exercise price $82.92 per share Strike price for the performance stock option
Expiration date June 9, 2033 Option expiration for the performance stock option grant
Underlying shares 580,552 shares Underlying ESAB common stock tied to this derivative award
Performance period length 4 years From second to sixth anniversary of grant for performance testing
Performance Stock Option financial
"The performance stock option to purchase up to 580,552 shares of ESAB common stock vests in three tranches"
vests in three tranches financial
"The performance stock option to purchase up to 580,552 shares of ESAB common stock vests in three tranches"
performance criteria financial
"based on ESAB's satisfaction of certain performance criteria during the four-year period"
exercise price financial
"conversion_or_exercise_price": "82.9200""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2033-06-09T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kambeyanda Shyam

(Last)(First)(Middle)
909 ROSE AVE, 8TH FLOOR

(Street)
NORTH BETHESDA MARYLAND 20852

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ESAB Corp [ ESAB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance Stock Option (right to buy)$82.9206/10/2026A580,552 (1)06/09/2033Common stock, par value $0.001580,552$0580,552D
Explanation of Responses:
1. The performance stock option to purchase up to 580,552 shares of ESAB common stock vests in three tranches based on ESAB's satisfaction of certain performance criteria during the four-year period commencing on the second anniversary of the grant date and ending on the sixth anniversary of the grant date, subject to the reporting person's continued service through the later of each of the fourth, fifth and sixth anniversaries of the grant date and the date on which ESAB's achievement of the applicable performance criteria has been certified.
Remarks:
/s/ Curtis E. Jewell, Attorney-in-Fact06/12/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did ESAB (ESAB) CEO Shyam Kambeyanda report in this Form 4?

Shyam Kambeyanda reported receiving a performance stock option grant for 580,552 shares of ESAB common stock. The option is a compensation award, not an open-market share purchase or sale, and gives him the right to buy shares at a preset price if vesting conditions are met.

How many shares are covered by the new ESAB (ESAB) performance stock option?

The performance stock option covers up to 580,552 shares of ESAB common stock. This entire amount is subject to vesting based on multi-year performance criteria and continued service requirements before the options become exercisable for the CEO.

What is the exercise price of Shyam Kambeyanda’s ESAB (ESAB) performance stock option?

The option has an exercise price of $82.92 per share. This means Kambeyanda can buy ESAB common stock at $82.92 for vested portions of the award, up until the option’s stated expiration date in June 2033, if vesting conditions are satisfied.

When does the new ESAB (ESAB) CEO option award expire?

The performance stock option expires on June 9, 2033. Kambeyanda can only exercise vested portions of the award before that date, and vesting depends on ESAB meeting defined performance criteria and on his continued service through specified anniversaries.

How does the ESAB (ESAB) CEO performance stock option vest?

The option vests in three tranches based on ESAB’s achievement of certain performance criteria over a four-year period. This period runs from the second to the sixth anniversary of the grant date, and vesting also requires the CEO’s continued service and certification of performance results.

Is this ESAB (ESAB) Form 4 a market purchase or sale of shares?

No. The Form 4 reports a grant of a performance stock option, not a market transaction. It is a compensation-related award giving the CEO rights to acquire shares in the future if performance and service conditions are fulfilled.