[Form 4] ESAB Corp Insider Trading Activity

Rhea-AI Filing Summary

Stephanie M. Phillipps, a director of ESAB Corp (ESAB), was granted 54 deferred stock units on 09/30/2025 as compensation for board service. Each deferred stock unit represents a contingent right to receive one share of ESAB common stock. The units were issued in lieu of the director's cash retainer, vest immediately, and will be settled in common stock after the director's separation from the company. Following the reported transaction, the reporting person beneficially owns 54 shares. The Form 4 was signed by an attorney-in-fact on 10/01/2025.

Positive

• Director compensation converted to equity by issuing 54 deferred stock units in lieu of cash, which can align director interests with shareholders
• Immediate vesting of the deferred stock units simplifies the reporting of beneficial ownership and clarifies entitlement

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received immediately vested deferred stock units instead of cash retainer, aligning compensation with equity.

The filing shows a routine director compensation arrangement where 54 deferred stock units were issued in lieu of a cash retainer and vest immediately. Immediate vesting and settlement upon separation are common for non-employee directors and can modestly align director incentives with shareholder outcomes. The disclosure is straightforward and does not indicate any related-party transaction beyond standard director compensation. The position size is small and appears administrative rather than strategic.

Securities/Insider Transactions Analyst

TL;DR: A non-derivative acquisition of 54 shares-equivalent was reported; transaction is routine and likely immaterial to investors.

The Form 4 documents acquisition code A for 54 deferred stock units on 09/30/2025 with $0 price, reflecting compensation settlement terms. Each unit equals one share and the reporting person holds 54 shares post-transaction. There are no sales, option exercises, or changes to ownership beyond this grant. The filing contains clear explanatory remarks and a dated signature by an attorney-in-fact, meeting Form 4 disclosure requirements.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Phillipps Stephanie M

(Last) (First) (Middle)

909 ROSE AVE, 8TH FLOOR

(Street)

NORTH BETHESDA MD 20852

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ESAB Corp [ ESAB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	09/30/2025		A		54		(2)	(2)	Common stock, par value $0.001	54	$0	54	D

Explanation of Responses:

1. Each deferred stock unit represents a contingent right to receive one share of ESAB common stock.

2. These deferred stock units were issued in lieu of the director's cash retainer for Board service and vest immediately. The units will be settled in ESAB common stock after the director's separation from the Company.

Remarks:

	/s/ Curtis E. Jewell, Attorney-in-Fact	10/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who filed the Form 4 for ESAB (ESAB)?

The Form 4 was filed for Stephanie M. Phillipps, identified as a director of ESAB Corp.

What transaction was reported on the ESAB Form 4 dated 09/30/2025?

The report discloses the acquisition of 54 deferred stock units on 09/30/2025, issued in lieu of the director's cash retainer.

What do the deferred stock units represent on the ESAB Form 4?

Each deferred stock unit represents a contingent right to receive one share of ESAB common stock; settlement occurs after the director's separation.

Did the deferred stock units vest immediately according to the filing?

Yes, the filing states the deferred stock units vest immediately when issued.

How many shares does the reporting person beneficially own after the transaction?

The reporting person beneficially owns 54 shares following the reported transaction.

When was the Form 4 signed and by whom?

The Form 4 was signed by Curtis E. Jewell, Attorney-in-Fact on 10/01/2025.