ESAB executive nets shares from RSU vesting
ESAB Corp President, Fab Tech Olivier Biebuyck reported equity compensation activity involving restricted stock units and common shares.
Rhea-AI Filing Summary
ESAB Corp President, Fab Tech Olivier Biebuyck reported equity compensation activity involving restricted stock units and common shares. He acquired 740 shares of common stock through an exercise or conversion of restricted stock units at a price of $0.0000 per share, increasing his common stock holdings to 16,192 shares. In a related tax-withholding transaction, 345 shares of common stock were withheld at $121.6400 per share to satisfy tax obligations tied to the vesting of restricted stock units, leaving him with 15,847 common shares held directly. Each restricted stock unit represents a right to receive one share of ESAB common stock, and these units vest in three equal annual installments following the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 740 | $0.00 | $0.00 |
| Exercise | Common stock, par value $0.001 | 740 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.001 | 345 | $121.64 | $42K |
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. These restricted stock units vest in three equal, annual installments on the first day of the month following each of the first, second and third anniversaries of the date of grant.
FAQ
What insider transactions did ESAB (ESAB) executive Olivier Biebuyck report?
What do the ESAB (ESAB) restricted stock units reported by Biebuyck represent?
How are Olivier Biebuyck’s ESAB (ESAB) restricted stock units scheduled to vest?
What do the transaction codes M and F mean in the ESAB (ESAB) Form 4?
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