STOCK TITAN

ESAB Corp (ESAB) director awarded 330 deferred stock units as fee

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

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.

Positive

  • None.

Negative

  • None.
Insider LUTZ ROBERT S
Role null
Type Security Shares Price Value
Grant/Award Deferred Stock Units 330 $0.00 --
Holdings After Transaction: Deferred Stock Units — 330 shares (Direct, null)
Footnotes (1)
  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.
Deferred stock units granted 330 units Grant of deferred stock units to director on 2026-06-30
Price per deferred stock unit $0.0000 Grant price per unit for director award
Deferred stock units held after grant 330 units Total deferred stock units following transaction
Underlying common stock per unit 1 share per unit Each deferred stock unit equals one ESAB common share
Deferred Stock Units financial
"These deferred stock units were issued in lieu of the director's cash retainer for Board service"
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
"Each deferred stock unit represents a contingent right to receive one share of ESAB common stock"
cash retainer financial
"issued in lieu of the director's cash retainer for Board service"
vest immediately financial
"These deferred stock units were issued in lieu of the director's cash retainer for Board service and vest immediately"
settled in ESAB common stock financial
"The units will be settled in ESAB common stock after the director's separation from the Company"
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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*
LUTZ ROBERT S

(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
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
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
Deferred Stock Units(1)06/30/2026A330 (2) (2)Common stock, par value $0.001330$0330D
Explanation of Responses:
1. Each deferred stock unit represents a contingent right to receive one share of ESAB common stock.
2. 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.
Remarks:
/s/ Curtis E. Jewell, Attorney-in-Fact07/02/2026
** 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 insider transaction did ESAB (ESAB) report for director Robert S. Lutz?

ESAB reported that director Robert S. Lutz received 330 deferred stock units. These units were granted as compensation for Board service, replacing his cash retainer, and give him a contingent right to receive ESAB common shares later.

How many deferred stock units did the ESAB (ESAB) director receive?

The director received 330 deferred stock units. Following this grant, his reported holdings of these deferred stock units total 330, reflecting a non-cash equity-based form of compensation tied directly to ESAB common stock.

What does each ESAB (ESAB) deferred stock unit represent for the director?

Each deferred stock unit represents a contingent right to receive one share of ESAB common stock. This means the director’s 330 units correspond to a future right to 330 ESAB shares, rather than immediate stock ownership or cash payment.

Why were ESAB (ESAB) deferred stock units issued instead of cash?

The deferred stock units were issued in lieu of the director’s cash retainer for Board service. This structure shifts compensation into equity-linked units, aligning the director’s interests with ESAB’s share performance instead of paying a cash fee.

When do the ESAB (ESAB) deferred stock units vest and get settled?

The deferred stock units vest immediately upon grant. However, they will be settled in ESAB common stock only after the director’s separation from the company, delaying actual share delivery until he leaves Board service.

Is the ESAB (ESAB) director’s grant an open-market stock purchase or sale?

No, the grant is not an open-market purchase or sale. It is a compensation-related award of 330 deferred stock units at no cash cost, categorized as a grant or award acquisition rather than a market transaction in ESAB shares.