ESAB Corp (NYSE: ESAB) CEO nets shares after RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ESAB Corp President and CEO Shyam Kambeyanda reported routine equity compensation activity involving restricted stock units (RSUs). On the reported date, RSUs covering 10,796 shares of common stock vested and were exercised into common shares at a conversion price of $0.00 per share. To cover associated tax obligations, ESAB Corporation withheld 5,053 shares through a net share settlement, as described in the footnotes, and no shares were sold by Kambeyanda on the market to satisfy this tax liability. Following these transactions, he holds 124,944 shares of ESAB common stock directly. The RSU award vests in three equal annual installments, with all remaining RSUs from this grant scheduled to vest on May 12, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,796 shares exercised/converted
Mixed
3 txns
Insider
Kambeyanda Shyam
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 10,796 | $0.00 | -- |
| Exercise | Common stock, par value $0.001 | 10,796 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.001 | 5,053 | $94.20 | $476K |
Holdings After Transaction:
Restricted Stock Units — 10,797 shares (Direct, null);
Common stock, par value $0.001 — 129,997 shares (Direct, null)
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 third anniversary of the grant date. All remaining restricted stock units from this award will vest on May 12, 2027.
Key Figures
RSUs exercised: 10,796 shares
Shares withheld for taxes: 5,053 shares
Share price reference: $94.20 per share
+2 more
5 metrics
RSUs exercised
10,796 shares
Common stock received from RSU vesting on May 12, 2026
Shares withheld for taxes
5,053 shares
Net share settlement at $94.20 per share for tax liability
Share price reference
$94.20 per share
Value used for shares withheld in tax-withholding disposition
Shares owned after transaction
124,944 shares
Direct ESAB common stock holdings after Form 4 transactions
Remaining RSUs
10,797 units
Restricted stock units scheduled to vest fully by May 12, 2027
Key Terms
Restricted Stock Units, net share settlement, tax liability, derivative security, +1 more
5 terms
Restricted Stock Units financial
"This award represents restricted stock units that vest in three equal annual installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax liability financial
"to satisfy the reporting person's tax liability based upon the vesting of restricted stock units"
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
payment of exercise price or tax liability by delivering securities financial
"Payment of exercise price or tax liability by delivering securities"
FAQ
What did ESAB (ESAB) CEO Shyam Kambeyanda report in this Form 4?
Shyam Kambeyanda reported the vesting and exercise of restricted stock units into 10,796 ESAB common shares. The transaction reflects routine equity compensation rather than an open-market trade and was paired with share withholding to cover taxes.
Were any open-market sales reported by ESAB CEO Shyam Kambeyanda?
No open-market sales were reported. Footnotes state that 5,053 shares were withheld by ESAB Corporation solely to meet the CEO’s tax liability from RSU vesting, and that no shares were sold by him to satisfy this tax obligation.
What are the terms of the ESAB restricted stock units held by the CEO?
Each restricted stock unit represents a contingent right to receive one ESAB common share. The award vests in three equal annual installments, with all remaining units from this grant scheduled to vest on May 12, 2027, if vesting conditions are met.
How many restricted stock units remain outstanding for the ESAB CEO?
After the reported vesting and conversion of 10,796 units, 10,797 restricted stock units remain outstanding for Shyam Kambeyanda. These remaining units are part of the same award and are scheduled to fully vest by May 12, 2027 under the award’s terms.