ESAB Corp (NYSE: ESAB) SVP nets common shares after RSU and performance awards vest
Rhea-AI Filing Summary
ESAB Corp senior vice president and general counsel Curtis E. Jewell reported routine equity compensation activity. On March 9, 2026, restricted stock units representing 951 shares of common stock converted into shares, and performance-based awards vested, adding a further 3,592 shares. ESAB withheld 449 shares and 1,694 shares at $107.02 per share to cover tax obligations, and the footnotes state no shares were sold in the market. After these transactions, Jewell directly holds 18,711 common shares and indirectly holds 355.835 shares through a 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 951 | $0.00 | -- |
| Exercise | Common stock, par value $0.001 | 951 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.001 | 449 | $107.02 | $48K |
| Grant/Award | Common stock, par value $0.001 | 3,592 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.001 | 1,694 | $107.02 | $181K |
| holding | Common stock, par value $0.001 | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation. 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. Represents shares vested pursuant to performance-based restricted stock units granted on March 8, 2023, which vesting was subject to the certification of certain performance criteria. The award vested on March 8, 2026. 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 performance-based restricted stock units. No shares were sold by the reporting person to satisfy this tax liability. This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. All remaining restricted stock units from this award vested on March 8, 2026.
FAQ
What did ESAB (ESAB) executive Curtis Jewell report in this Form 4?
SVP and general counsel Curtis E. Jewell reported routine equity compensation activity. Restricted stock units converted into 951 common shares, performance-based awards vested into 3,592 shares, and some shares were withheld by ESAB to cover taxes, with no open-market sales disclosed.
What type of equity awards vested for ESAB (ESAB) SVP Curtis Jewell?
The filing shows vesting of time-based restricted stock units and performance-based restricted stock units. Each unit represents a right to receive one ESAB common share, and performance-based units granted on March 8, 2023 vested after certification of performance criteria on March 8, 2026.
Did Curtis Jewell exercise any derivative securities in ESAB (ESAB)?
Yes. The Form 4 shows an M-code transaction where 951 restricted stock units were exercised or converted into 951 ESAB common shares. After this exercise, no remaining derivative position from that specific RSU award is listed in the derivative summary.