ESAB chair granted 596 deferred stock units
RALES MITCHELL P reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
RALES MITCHELL P reported acquisition or exercise transactions in this Form 4 filing.
ESAB Corp Executive Chair Mitchell P. Rales received a grant of 596 deferred stock units (DSUs) on June 30, 2026. These DSUs are payable solely in common stock and will be settled in shares at the earlier of his death or January 31 of the second calendar year after he retires from the Board. Following this grant, he directly holds 16,432 shares of ESAB common stock, with additional indirect holdings reported through a family trust, custodial accounts for his daughters, and a family partnership, some of which he disclaims beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 596 shares
Grant/Award
5 txns
Insider
RALES MITCHELL P
Role
Executive Chair of Board
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $.001 | 596 | $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 — 16,432 shares (Direct);
Common Stock, par value $.001 — 3,537,797 shares (Indirect, Through Family Partnership);
Common Stock, par value $.001 — 9,632 shares (Indirect, By trust for daughter);
Common Stock, par value $.001 — 155,735 shares (Indirect, By the Mitchell P. Rales Family Trust)
Footnotes (4)
- F1. On June 30, 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 family partnership is a limited partnership that holds securities for the benefit of the Reporting Person and his adult children. The family partnership is managed by a general partner, which is a limited liability company that is indirectly controlled by the Reporting Person. The shares held in the partnership include (i) 111,346 shares contributed by the Reporting Person's adult children and entities affiliated with the Reporting Person's adult children; (ii) 70,686 shares contributed by the Mitchell P. Rales Family Trust, of which the Reporting Person is trustee; and (iii) 3,355,765 shares contributed by a revocable trust of which the Reporting Person is the trustee. The Reporting Person disclaims beneficial ownership of the shares held by the family partnership except to the extent of his pecuniary interest therein.
- F3. The reported shares are held through custodial accounts for the benefit of the Reporting Person's daughters. The Reporting Person disclaims beneficial ownership of the shares held by his daughters, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his daughters' 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: 596 shares
Direct holdings after grant: 16,432 shares
Family trust holdings: 155,735 shares
+3 more
6 metrics
Deferred stock unit grant
596 shares
DSUs granted June 30, 2026, payable in common stock
Direct holdings after grant
16,432 shares
Common stock directly held by Mitchell P. Rales after DSU grant
Family trust holdings
155,735 shares
Common stock held indirectly via the Mitchell P. Rales Family Trust
Custodial accounts for daughters
4,816 shares each
Common stock in custodial accounts for each daughter
Family partnership holdings
3,537,797 shares
Common stock held through a family partnership; beneficial ownership disclaimed except pecuniary interest
Transaction price per DSU
$0.0000 per unit
Grant, award, or other acquisition of DSUs with no cash price
Key Terms
deferred stock units, DSUs, family partnership, pecuniary interest, +1 more
5 terms
deferred stock units financial
"the Issuer granted to the Reporting Person deferred stock units of the Issuer ("DSUs") in the amount indicated"
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.
DSUs financial
"Since the DSUs are payable solely in common stock, they are being reported in Table I of this Form 4"
DSUs, or Deferred Share Units, are a form of long-term pay where employees or directors receive a promise of company shares or cash at a later date instead of immediate salary. Think of them as an IOU for future stock that vests over time and converts into actual shares or cash, so they matter to investors because they can increase the number of outstanding shares (dilution) and reveal how management’s pay is tied to company performance.
family partnership financial
"The family partnership is a limited partnership that holds securities for the benefit of the Reporting Person and his adult children"
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership of the shares held by the family partnership except to the extent of his pecuniary interest therein"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of the shares held by his daughters"
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
What did ESAB (ESAB) Executive Chair Mitchell P. Rales receive in this Form 4?
Mitchell P. Rales received a grant of 596 deferred stock units (DSUs) of ESAB common stock. These units are a form of equity compensation and will ultimately be settled in shares rather than cash under the terms described.
What ESAB holdings are reported through the family partnership associated with Mitchell P. Rales?
The Form 4 shows 3,537,797 ESAB common shares held through a family partnership managed by a general partner indirectly controlled by Rales. He disclaims beneficial ownership of these partnership shares except to the extent of his pecuniary interest.
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