ESAB director granted 246 deferred stock units
ALLENDER PATRICK W reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
ALLENDER PATRICK W reported acquisition or exercise transactions in this Form 4 filing.
ESAB Corp director Patrick W. Allender received 246 deferred stock units as board compensation. Each unit represents a contingent right to one share of ESAB common stock. The units were issued in lieu of his cash retainer, vest immediately, and will be settled in ESAB common stock after he leaves the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 246 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred stock unit represents a contingent right to receive one share of ESAB common stock.
- F2. These deferred stock units were issued in lieu of the director's cash retainer for Board service and vest immediately. The units will be settled in ESAB common stock after the director's separation from the Company.
Key Figures
Key Terms
Deferred Stock Units financial
cash retainer financial
vest immediately financial
settled in ESAB common stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ESAB (ESAB) report in this Form 4?
How many ESAB deferred stock units did director Patrick W. Allender receive?
What does each ESAB deferred stock unit represent for Patrick W. Allender?
When do Patrick W. Allender’s ESAB deferred stock units vest and settle?
Why did ESAB issue deferred stock units instead of cash to its director?
AI-generated analysis. How Rhea-AI works. Not financial advice.