ESAB Corp (ESAB) CFO nets 1,396 shares as 687 cover tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ESAB Corp Chief Financial Officer Kevin J. Johnson reported equity award activity involving restricted stock units and common shares. On February 23, 2026, he acquired 1,396 restricted stock units, each representing a contingent right to one ESAB common share.
The same day, he acquired 1,396 shares of common stock through an exercise or conversion of derivative securities, bringing his direct common stock holdings to 27,800 shares before tax withholding. ESAB then withheld 687 shares at $122.65 per share to satisfy tax liabilities upon RSU vesting, leaving him with 27,113 directly owned shares. The filing notes that no shares were sold by Johnson to cover these taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,396 shares exercised/converted
Mixed
3 txns
Insider
Johnson Kevin J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,396 | $0.00 | -- |
| Exercise | Common stock, par value $0.001 | 1,396 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.001 | 687 | $122.65 | $84K |
Holdings After Transaction:
Restricted Stock Units — 1,396 shares (Direct);
Common stock, par value $0.001 — 27,800 shares (Direct)
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. This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. The remaining restricted stock units will vest on February 22, 2027.
FAQ
What did ESAB (ESAB) CFO Kevin J. Johnson report in his latest Form 4?
ESAB CFO Kevin J. Johnson reported equity award activity involving restricted stock units and common shares. He acquired 1,396 RSUs, converted 1,396 shares of common stock, and had 687 shares withheld to cover tax liabilities related to RSU vesting.
What is the significance of the 1,396 ESAB restricted stock units in this Form 4?
The 1,396 restricted stock units represent a contingent right to receive one ESAB common share per unit. According to the disclosure, these RSUs are part of an award that vests in three equal annual installments, with remaining units scheduled to vest on February 22, 2027.
How do the ESAB restricted stock units vest for the CFO’s award?
The restricted stock units vest in three equal annual installments under the award described. The disclosure notes that the remaining RSUs from this grant are scheduled to vest on February 22, 2027, providing ongoing equity-based compensation tied to ESAB common stock performance.