ESAB (ESAB) CFO awarded 145,138 performance stock options with $82.92 strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ESAB Corp reported that EVP and Chief Financial Officer R. Brent Jones received a grant of performance stock options covering 145,138 shares of common stock at an exercise price of $82.92 per share. These options vest in three tranches based on performance over a four-year period, starting on the second anniversary of the grant date. Vesting also requires his continued service through specified anniversaries and certification that ESAB met the related performance goals.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jones R. Brent
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Option (right to buy) | 145,138 | $0.00 | -- |
Holdings After Transaction:
Performance Stock Option (right to buy) — 145,138 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Performance options granted: 145,138 options
Exercise price: $82.92 per share
Expiration date: June 9, 2033
+1 more
4 metrics
Performance options granted
145,138 options
Grant to CFO on June 10, 2026
Exercise price
$82.92 per share
Performance stock option strike price
Expiration date
June 9, 2033
Option term end
Underlying shares
145,138 shares
ESAB common stock subject to options
Key Terms
Performance Stock Option, vests in three tranches, performance criteria, exercise price
4 terms
Performance Stock Option financial
"The performance stock option to purchase up to 145,138 shares of ESAB common stock vests in three tranches"
vests in three tranches financial
"The performance stock option to purchase up to 145,138 shares of ESAB common stock vests in three tranches"
performance criteria financial
"based on ESAB's satisfaction of certain performance criteria during the four-year period"
exercise price financial
"conversion_or_exercise_price": "82.9200""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What insider transaction did ESAB (ESAB) report for its CFO?
ESAB reported that EVP and Chief Financial Officer R. Brent Jones received a grant of performance stock options for 145,138 shares at an exercise price of $82.92 per share. The grant is compensation-related and depends on future performance and continued service.
What is the exercise price of the ESAB (ESAB) CFO’s performance stock options?
The exercise price for the performance stock options is $82.92 per share. This means the CFO can buy ESAB common stock at $82.92 per share if and when the options vest and become exercisable under the grant’s performance and service conditions.
How do the ESAB (ESAB) CFO’s performance stock options vest?
The options vest in three tranches based on ESAB achieving specified performance criteria during a four-year period that starts on the second anniversary of the grant date. Vesting also requires his continued service through certain anniversaries and certification of ESAB’s performance achievement.
When do ESAB (ESAB) CFO’s performance stock options expire?
The performance stock options expire on June 9, 2033. If the options have not been exercised by that date, any unexercised portion will lapse. Exercisability before expiration depends on meeting the grant’s performance and continued-service vesting conditions.
Is the ESAB (ESAB) CFO’s Form 4 transaction a market purchase or sale?
No. The Form 4 reports a compensation-related grant of performance stock options, classified as a grant, award, or other acquisition. It is not an open-market purchase or sale of ESAB shares and does not itself involve cash paid or received in the market.