ESAB Insider Filing: Michele Campion Exercises Options on 09/05/2025
Rhea-AI Filing Summary
Michele Campion, Chief Human Resources Officer of ESAB Corp (ESAB), reported transactions dated 09/05/2025 on a Form 4. The filing shows the exercise of employee stock options: 5,864 options at an exercise price of $41.79 and 4,672 options at an exercise price of $55.96, both reported as acquisition (code M). The report also shows net share settlements where 3,940 and 3,425 shares were withheld (code F) in connection with taxes, with a price indicated of $117.885 for those withheld shares. The Form lists post-transaction beneficial ownership figures associated with each line, which range from 11,763 to 16,435 shares.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider exercised vested options and satisfied tax liabilities via net share settlement; transactions are routine compensation events.
The Form 4 documents the exercise of employee stock options by ESAB's CHRO and concurrent net share withholding to cover tax obligations. The exercised options were from grants with earlier vesting dates listed in the explanations. These transactions increase the reporting person's direct common-stock holdings by the exercised amounts prior to withholding and reduce net shares through tax withholding. There is no disclosure of open-market sales or purchases beyond the option exercises and net settlement.
TL;DR: The filing is a standard Section 16 disclosure showing option exercises and tax-withholding; no governance or control changes reported.
The Form 4 includes requisite details: reporting person identity, relationship to issuer, transaction codes, exercise prices, and explanations of vesting schedules. The withholding of shares to satisfy tax liabilities is described and the filer confirms no shares were sold to cover exercise price or taxes. The transactions are consistent with routine equity compensation administration and do not reflect a change in board composition or ownership control.