ESAB (ESAB) CHRO gains RSU and performance shares, settles taxes with 1,796 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ESAB Corp Chief Human Resources Officer Michele Campion reported equity-based compensation activity. She exercised 958 restricted stock units into the same number of common shares and received an additional 3,618 performance-based shares that vested after certification of performance criteria.
To cover related tax liabilities, ESAB withheld 328 shares and 1,468 shares at a reference price of $107.02 per share instead of a cash payment, and no shares were sold by Campion. After these transactions, she directly holds 14,273 shares of ESAB common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
958 shares exercised/converted
Mixed
5 txns
Insider
Campion Michele
Role
Chief Human Resources Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 958 | $0.00 | -- |
| Exercise | Common stock, par value $0.001 | 958 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.001 | 328 | $107.02 | $35K |
| Grant/Award | Common stock, par value $0.001 | 3,618 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.001 | 1,468 | $107.02 | $157K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common stock, par value $0.001 — 12,451 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation. 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. Represents shares vested pursuant to performance-based restricted stock units granted on March 8, 2023, which vesting was subject to the certification of certain performance criteria. The award vested on March 8, 2026. 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 performance-based restricted stock units. No shares were sold by the reporting person to satisfy this tax liability. This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. All remaining restricted stock units from this award vested on March 8, 2026.
FAQ
What insider transactions did ESAB (ESAB) report for Michele Campion?
ESAB reported that Chief Human Resources Officer Michele Campion exercised 958 restricted stock units and received 3,618 performance-based common shares. The company also withheld shares to cover taxes, and she ended with 14,273 directly held ESAB common shares.
What does transaction code F mean in Michele Campion’s ESAB (ESAB) Form 4?
Code F indicates shares were disposed of to cover taxes or exercise costs, not sold on the open market. In this case, ESAB withheld 1,796 shares from Michele Campion’s vesting awards solely to satisfy tax liabilities, with no discretionary share sale by her.