ESAB CFO exercises RSUs, withholds shares for taxes
ESAB Corp Chief Financial Officer Kevin J. Johnson exercised 1,127 restricted stock units into common shares, increasing his direct holdings.
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Rhea-AI Filing Summary
ESAB Corp Chief Financial Officer Kevin J. Johnson exercised 1,127 restricted stock units into common shares, increasing his direct holdings. On the same date, 554 common shares were withheld by ESAB to cover tax obligations upon vesting, rather than sold in the market.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,127 | $0.00 | $0.00 |
| Exercise | Common stock, par value $0.001 | 1,127 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.001 | 554 | $121.64 | $67K |
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. These restricted stock units vest in three equal, annual installments on the first day of the month following each of the first, second and third anniversaries of the date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ESAB (ESAB) disclose for its CFO?
How do the ESAB CFO’s restricted stock units vest over time?
What is the CFO’s ESAB common stock holding after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.