ESAB (NYSE: ESAB) awards CHRO Michele Campion 52,250 performance stock options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ESAB Corp granted Chief Human Resources Officer Michele Campion a performance stock option covering 52,250 shares of common stock at an exercise price of $82.92 per share. The option expires on June 9, 2033 and vests in three tranches tied to multi‑year performance goals and continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Campion Michele
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Option (right to buy) | 52,250 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Option (right to buy) — 52,250 shares (Direct, null)
Footnotes (1)
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Key Figures
Option size: 52,250 shares
Exercise price: $82.92 per share
Expiration date: June 9, 2033
+1 more
4 metrics
Option size
52,250 shares
Performance stock option grant on June 10, 2026
Exercise price
$82.92 per share
Strike price for performance stock option
Expiration date
June 9, 2033
Option term end for Campion grant
Underlying shares
52,250 shares
Common stock underlying the derivative security
Key Terms
Performance Stock Option, performance criteria, grant date, vests in three tranches
4 terms
Performance Stock Option financial
"The performance stock option to purchase up to 52,250 shares of ESAB common stock vests in three tranches"
performance criteria financial
"based on ESAB's satisfaction of certain performance criteria during the four-year period"
grant date financial
"commencing on the second anniversary of the grant date and ending on the sixth anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vests in three tranches financial
"The performance stock option to purchase up to 52,250 shares of ESAB common stock vests in three tranches"
FAQ
What did ESAB (ESAB) disclose in Michele Campion’s latest Form 4?
ESAB disclosed that Chief Human Resources Officer Michele Campion received a performance stock option for 52,250 shares at a strike price of $82.92. This is a compensation grant, not an open‑market stock purchase or sale, and is tied to future performance conditions.
What is the exercise price and expiration date of Michele Campion’s ESAB option?
Michele Campion’s performance stock option has an exercise price of $82.92 per share and expires on June 9, 2033. She can only benefit if ESAB’s stock trades above this price and the option vests according to its performance and service conditions.
How does the performance vesting work for Michele Campion’s ESAB stock option?
The option vests in three tranches based on ESAB meeting specified performance criteria during a four‑year period that begins on the second anniversary of the grant. Vesting for each tranche also requires Campion’s continued service through future anniversary dates and certification of performance results.
Is Michele Campion’s ESAB Form 4 transaction a stock purchase or sale?
The Form 4 reflects a grant of a performance stock option, not a stock purchase or sale in the market. It is categorized as a grant, award, or other acquisition, giving rights to buy ESAB shares later if vesting conditions are satisfied and the option is exercised.
What conditions must be met before Michele Campion can exercise her ESAB option?
Campion’s performance stock option requires ESAB to achieve certain performance criteria over a defined four‑year measurement period. In addition, she must remain in service through specified fourth, fifth, and sixth anniversaries and after ESAB certifies achievement of the applicable performance goals for each tranche.