ESAB (NYSE: ESAB) exec converts 1,232 RSUs, withholds 627 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ESAB Corporation executive Olivier Biebuyck, President of Fab Tech, reported routine equity compensation activity. On February 2, 2026, 1,232 restricted stock units were converted into the same number of ESAB common shares as they vested.
To cover related tax obligations, 627 shares were withheld by ESAB at a price of $114.62 per share, with no shares sold by Biebuyck on the market. Following these transactions, he directly holds 14,954 shares of ESAB common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,232 shares exercised/converted
Mixed
3 txns
Insider
Biebuyck Olivier
Role
President, Fab Tech
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,232 | $0.00 | -- |
| Exercise | Common stock, par value $0.001 | 1,232 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.001 | 627 | $114.62 | $72K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common stock, par value $0.001 — 15,581 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. All restricted stock units from this award have vested.
FAQ
What insider transaction did ESAB (ESAB) executive Olivier Biebuyck report?
Olivier Biebuyck reported the vesting and conversion of 1,232 restricted stock units into ESAB common shares. The filing also shows a tax-related share withholding, leaving him with 14,954 directly owned ESAB common shares after the transactions.
What does the restricted stock unit award in ESAB’s Form 4 disclose about vesting?
The restricted stock unit award vests in three equal annual installments beginning on the first anniversary of the grant date, February 1, 2024. The filing notes that all restricted stock units from this particular award have now fully vested and been settled in shares.
What is Olivier Biebuyck’s role at ESAB and is he a 10% owner?
Biebuyck is identified as an officer of ESAB, serving as President, Fab Tech. The Form 4 indicates he is not a 10% owner of the company’s stock, and his reported holdings represent his direct beneficial ownership after the equity compensation transactions.