ESAB SVP exercises 1,822 RSUs, shares for tax
ESAB Corp SVP and General Counsel Curtis E. Jewell exercised equity awards and had shares withheld for taxes.
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Form Type
4
Rhea-AI Filing Summary
ESAB Corp SVP and General Counsel Curtis E. Jewell exercised equity awards and had shares withheld for taxes. On May 12, 2026, he exercised 1,822 restricted stock units into the same number of common shares. In connection with this vesting, 894 shares were withheld by ESAB to cover tax liabilities through net share settlement, and no shares were sold on the market. After these transactions, Jewell directly owned 19,639 common shares and also had 355.835 shares held indirectly through a 401K plan. The restricted stock unit award continues to vest in three equal annual installments, with all remaining units from this award scheduled to vest on May 12, 2027.
Insider Trade Summary
1,822 shares exercised/converted
Exercise
4 txns
Insider
Jewell Curtis E
Role
SVP, General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,822 | $0.00 | $0.00 |
| Exercise | Common stock, par value $0.001 | 1,822 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.001 | 894 | $94.20 | $84K |
| holding | Common stock, par value $0.001 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,822 contracts (Direct);
Common stock, par value $0.001 — 19,639 shares (Direct);
Common stock, par value $0.001 — 355.835 shares (Indirect, By 401K Plan)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation.
- F2. Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
- F3. This award represents restricted stock units that vest in three equal annual installments beginning on the third anniversary of the grant date. All remaining restricted stock units from this award will vest on May 12, 2027.
Key Figures
RSUs exercised: 1,822 units
Shares withheld for taxes: 894 shares
Direct holdings after transactions: 19,639 shares
+3 more
6 metrics
RSUs exercised
1,822 units
Restricted stock units converted into common shares on May 12, 2026
Shares withheld for taxes
894 shares
Withheld via net share settlement to satisfy tax liability
Direct holdings after transactions
19,639 shares
Common stock directly owned following Form 4 transactions
Indirect 401K holdings
355.835 shares
Common stock held indirectly through a 401K plan
RSU award remaining vest date
May 12, 2027
All remaining restricted stock units from this award vest on this date
Tax withholding reference price
$94.20 per share
Price used for 894-share tax-withholding disposition
Key Terms
Restricted stock units, net share settlement, tax liability, 401K Plan, +1 more
5 terms
Restricted stock units financial
"This award represents restricted stock units that vest in three equal annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"to satisfy the reporting person's tax liability based upon the vesting of restricted stock units"
401K Plan financial
"total_shares_following_transaction": "355.8350" ... "nature_of_ownership": "By 401K Plan""
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ESAB (ESAB) report for Curtis E. Jewell?
Curtis E. Jewell exercised 1,822 restricted stock units into common shares and had 894 shares withheld to cover taxes. These actions reflect equity compensation vesting and tax settlement, not an open-market purchase or sale of ESAB stock.
What are restricted stock units in ESAB’s compensation for Curtis Jewell?
Each restricted stock unit represents a contingent right to receive one ESAB common share. Units vest over time according to the award schedule, converting into shares upon vesting. Jewell’s reported 1,822 units vested and converted into common stock on the transaction date.
When will Curtis Jewell’s remaining ESAB restricted stock units from this award vest?
The restricted stock unit award vests in three equal annual installments starting on the third anniversary of the grant date. All remaining restricted stock units from this award are scheduled to vest on May 12, 2027, according to the disclosure footnotes.
How were taxes handled on Curtis Jewell’s ESAB restricted stock unit vesting?
Taxes were handled through net share settlement. ESAB withheld 894 common shares when Jewell’s 1,822 restricted stock units vested, using those withheld shares to satisfy his tax liability instead of requiring a cash payment or market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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