ESAB (ESAB) CFO Kevin Johnson exercises options, sells shares under 10b5-1 plan
Rhea-AI Filing Summary
ESAB Corp Chief Financial Officer Kevin J. Johnson reported several equity transactions in ESAB common stock. On February 6, 2026, he exercised an employee stock option for 9,139 shares at an exercise price of $33.49 per share, converting the option into common stock.
To cover the related tax liability and exercise price, 5,645 shares were withheld by ESAB at a price of $135.00 per share, rather than being sold in the market. Johnson also sold 3,494 shares of common stock at $134.62 per share under a pre-arranged Rule 10b5-1 trading plan. After these transactions, he directly owned 26,404 shares of ESAB common stock.
Positive
- None.
Negative
- None.
Insights
CFO option exercise mostly offsets with tax withholding and small planned sale.
The CFO exercised 9,139 stock options at $33.49, converting them into common shares, which reflects use of previously granted equity compensation. A large portion, 5,645 shares, was withheld by ESAB at $135.00 to satisfy tax and exercise obligations rather than sold in the market.
An additional 3,494 shares were sold at $134.62 under a Rule 10b5-1 trading plan, indicating the sale followed a pre-established schedule. Following all moves, the CFO held 26,404 shares, so his overall equity exposure to ESAB remains meaningful despite the routine liquidity and tax-management transactions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) | 9,139 | $0.00 | -- |
| Exercise | Common stock, par value $0.001 | 9,139 | $33.49 | $306K |
| Tax Withholding | Common stock, par value $0.001 | 5,645 | $135.00 | $762K |
| Sale | Common stock, par value $0.001 | 3,494 | $134.62 | $470K |
Footnotes (1)
- Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the tax liability and exercise price associated with the reporting person's exercise of employee stock options. No shares were sold by the reporting person to satisfy the exercise price or this tax liability. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.