ESAB director granted 330 deferred stock units
LUTZ ROBERT S reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
LUTZ ROBERT S reported acquisition or exercise transactions in this Form 4 filing.
ESAB Corp director Robert S. Lutz received a grant of 330 deferred stock units as compensation for Board service. Each unit represents a contingent right to receive one share of ESAB common stock. The units were issued in lieu of his cash retainer, vest immediately, and will be settled in ESAB common stock after he separates from the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 330 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred stock unit represents a contingent right to receive one share of ESAB common stock.
- F2. 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
Key Terms
Deferred Stock Units financial
contingent right financial
cash retainer financial
vest immediately financial
settled in ESAB common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ESAB (ESAB) report for director Robert S. Lutz?
How many deferred stock units did the ESAB (ESAB) director receive?
What does each ESAB (ESAB) deferred stock unit represent for the director?
Why were ESAB (ESAB) deferred stock units issued instead of cash?
When do the ESAB (ESAB) deferred stock units vest and get settled?
Is the ESAB (ESAB) director’s grant an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.