ESAB controller exercises RSUs, shares withheld for tax
ESAB Corp officer Renato Negro, Controller PAO, exercised restricted stock units into common stock as part of equity compensation.
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Rhea-AI Filing Summary
ESAB Corp officer Renato Negro, Controller PAO, exercised restricted stock units into common stock as part of equity compensation. He converted 986 restricted stock units into 986 shares of common stock at a conversion price of $0.00 per share.
To cover associated tax liabilities on the RSU vesting, 337 shares were withheld by ESAB at a price of $107.02 per share, rather than sold in the market. After these transactions, Negro holds 9,475 shares of ESAB common stock directly, reflecting a net increase of 649 shares from this vesting event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 986 | $0.00 | $0.00 |
| Exercise | Common stock, par value $0.001 | 986 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.001 | 337 | $107.02 | $36K |
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. This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. All remaining restricted stock units from this award vested on March 8, 2026.
FAQ
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What insider transaction did ESAB (ESAB) report for Renato Negro?
What was the size of the ESAB (ESAB) RSU vesting for Renato Negro?
How do Renato Negro’s ESAB (ESAB) RSUs vest over time?
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