ESAB officer reports RSU vesting and tax withholding
ESAB Corp officer Renato Negro reported equity award activity involving restricted stock units and common shares.
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Rhea-AI Filing Summary
ESAB Corp officer Renato Negro reported equity award activity involving restricted stock units and common shares. He acquired 509 shares of common stock through the exercise or conversion of 509 restricted stock units, then had 192 common shares withheld at a price of $121.64 per share to cover tax liabilities related to the vesting. After these transactions, he directly owned 8,826 shares of common stock and 1,020 restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 509 | $0.00 | $0.00 |
| Exercise | Common stock, par value $0.001 | 509 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common stock, par value $0.001 | 192 | $121.64 | $23K |
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
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What insider transactions did ESAB (ESAB) officer Renato Negro report?
How do ESAB (ESAB) restricted stock units reported here vest over time?
What does each ESAB (ESAB) restricted stock unit represent in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.