ESAB director granted 570 deferred stock units
ESAB Corp director Mitchell P. Rales received an equity award of 570 deferred stock units (DSUs) payable in ESAB common stock.
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Form Type
4
Rhea-AI Filing Summary
ESAB Corp director Mitchell P. Rales received an equity award of 570 deferred stock units (DSUs) payable in ESAB common stock. These DSUs will convert into shares only at the earlier of his death or January 31 of the second calendar year after he retires from the board. Following the award, he holds 15,023 shares directly. He also has substantial indirect holdings, including shares held through a single-member LLC, a family trust where he serves as trustee, and custodial accounts for his daughter, for which he disclaims beneficial ownership.
Insider Trade Summary
Grant/Award: 570 shares
Grant/Award
5 txns
Insider
RALES MITCHELL P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.001 | 570 | $0.00 | $0.00 |
| holding | Common Stock, par value $.001 | -- | -- | -- |
| holding | Common Stock, par value $.001 | -- | -- | -- |
| holding | Common Stock, par value $.001 | -- | -- | -- |
| holding | Common Stock, par value $.001 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $.001 — 15,023 shares (Direct);
Common Stock, par value $.001 — 3,355,765 shares (Indirect, Through single-member LLC);
Common Stock, par value $.001 — 9,632 shares (Indirect, By trust for daughter);
Common Stock, par value $.001 — 226,421 shares (Indirect, By the Mitchell P. Rales Family Trust)
Footnotes (4)
- F1. On March 31, 2026, the Issuer granted to the Reporting Person deferred stock units of the Issuer ("DSUs") in the amount indicated. Since the DSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The underlying shares will not be issued until the earlier of the Reporting Person's death or January 31st of the second calendar year following the Reporting Person's retirement from the Board of Directors of the Issuer.
- F2. The reported shares are held through a single-member LLC, of which a revocable trust with the Reporting Person as the sole trustee and beneficiary is the sole member.
- F3. The reported shares are held through custodial accounts for the benefit of the Reporting Person's daughter. The Reporting Person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.
- F4. The reporting person is a trustee of the Mitchell P. Rales Family Trust.
Key Figures
Deferred stock unit grant: 570 units
Direct common shares after grant: 15,023 shares
Indirect shares via LLC: 3,355,765 shares
+2 more
5 metrics
Deferred stock unit grant
570 units
DSUs granted on March 31, 2026, payable in common stock
Direct common shares after grant
15,023 shares
Direct ESAB holdings following DSU award
Indirect shares via LLC
3,355,765 shares
Held through a single-member LLC tied to a revocable trust
Indirect shares via family trust
226,421 shares
Held by the Mitchell P. Rales Family Trust, trustee role
Custodial accounts for daughter
4,816 shares
Held for daughter; beneficial ownership disclaimed
Key Terms
deferred stock units, payable solely in common stock, single-member LLC, revocable trust, +2 more
6 terms
deferred stock units financial
"the Issuer granted to the Reporting Person deferred stock units of the Issuer"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
payable solely in common stock financial
"Since the DSUs are payable solely in common stock, they are being reported"
single-member LLC financial
"The reported shares are held through a single-member LLC"
revocable trust financial
"of which a revocable trust with the Reporting Person as the sole trustee"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
custodial accounts financial
"The reported shares are held through custodial accounts for the benefit"
Custodial accounts are savings or investment accounts managed by an adult for a minor until they reach a certain age. Think of it as a digital piggy bank controlled by a guardian, where money or assets are held in trust for someone too young to manage them on their own. These accounts matter to investors because they provide a way to save or invest on behalf of a child, often for future education or other needs.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares held by his daughter"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did ESAB (ESAB) director Mitchell Rales report in this Form 4?
Mitchell P. Rales reported receiving 570 deferred stock units (DSUs) of ESAB common stock as an equity award. The filing also updates his direct and indirect share holdings, including shares via an LLC, a family trust, and custodial accounts for his daughter.
How do the 570 ESAB deferred stock units for Mitchell Rales work?
The 570 deferred stock units are payable solely in ESAB common stock, not cash. The underlying shares will be issued at the earlier of Rales’s death or January 31 of the second calendar year after he retires from ESAB’s board of directors.
Is this ESAB Form 4 a market purchase or sale by Mitchell Rales?
No market purchase or sale is reported. The Form 4 shows a compensation-related award of 570 deferred stock units at no stated price per share, along with updated direct and indirect holdings, rather than open-market buying or selling activity in ESAB stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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