ESAB Corp officer Julie Han, Controller and Principal Accounting Officer, filed an initial ownership report showing her equity position in the company. She directly holds 497 shares of common stock.
She also holds several grants of restricted stock units (RSUs), each representing a contingent right to receive one ESAB common share. These include RSUs tied to 387, 258, 581 and 196 underlying common shares, with vesting schedules running in annual installments through March 1, 2028 and 2030 as described in the grants’ terms.
ESAB Corporation announced a senior finance leadership transition, appointing R. Brent Jones as Executive Vice President and Chief Financial Officer effective early May 2026, succeeding Kevin Johnson, who is resigning to pursue a private-company CFO role and will assist with the transition. CEO Shyam Kambeyanda will serve as interim principal financial officer until Mr. Jones joins.
Jones’s compensation includes a $660,000 annual base salary, target annual bonus equal to 80% of salary, a long-term equity award targeted at $1,800,000 per year starting in 2026, a $1,000,000 transition bonus in two installments with pro‑rata clawback, and $3,000,000 in restricted stock units vesting over three years.
ESAB also promoted Julie Han to Vice President, Chief Accounting Officer and Corporate Controller, effective April 1, 2026, following the resignation of Chief Accounting Officer Renato Negro. Han’s new pay package includes a $330,000 base salary, incentive opportunities tied to 45% of salary, and a $100,000 restricted stock unit grant vesting over three years. The company reaffirmed its 2026 guidance for total core sales, core aEBITDA and core aEPS as previously announced.
Teirlinck Didier P reported acquisition or exercise transactions in this Form 4 filing.
ESAB Corp director Didier P. Teirlinck received a grant of 123 deferred stock units as Board compensation. Each deferred stock unit represents a contingent right to receive one share of ESAB common stock. The units were issued in lieu of his cash retainer, vest immediately, and will be settled in ESAB common stock after his separation from the company.
ALLENDER PATRICK W reported acquisition or exercise transactions in this Form 4 filing.
ESAB Corp director Patrick W. Allender received 246 deferred stock units as board compensation. Each unit represents a contingent right to one share of ESAB common stock. The units were issued in lieu of his cash retainer, vest immediately, and will be settled in ESAB common stock after he leaves the company.
LUTZ ROBERT S reported acquisition or exercise transactions in this Form 4 filing.
ESAB Corp director Robert S. Lutz received 304 deferred stock units as board compensation. The units were granted in lieu of his cash retainer, vest immediately, and each represents a right to receive one share of ESAB common stock after he leaves the company.
ESAB Corp director Mitchell P. Rales received an equity award of 570 deferred stock units (DSUs) payable in ESAB common stock. These DSUs will convert into shares only at the earlier of his death or January 31 of the second calendar year after he retires from the board. Following the award, he holds 15,023 shares directly. He also has substantial indirect holdings, including shares held through a single-member LLC, a family trust where he serves as trustee, and custodial accounts for his daughter, for which he disclaims beneficial ownership.
ESAB Corporation is calling a virtual-only 2026 annual meeting on May 8, 2026, for stockholders of record as of March 18, 2026. Stockholders will vote on electing nine directors to one-year terms, ratifying Ernst & Young LLP as auditor for 2026, and approving executive pay on an advisory basis.
The proxy highlights an 89% independent board, majority voting with a resignation policy, strong stock ownership requirements, and anti-hedging and anti-pledging rules. ESAB outlines a sustainability program, including a commitment to cut absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2035 versus 2022 and a 2025 total recordable incident rate of 0.42, which is significantly better than industry averages. In 2025, fees to Ernst & Young LLP totaled $6.3 million.
Esab Corp amendment: The Vanguard Group filed a Schedule 13G/A (Amendment No. 2) reporting 0 shares and 0% beneficial ownership of Esab Corp common stock. The filing explains Vanguard's internal realignment on 01/12/2026, after which certain subsidiaries report ownership separately.
The filing is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026. It states Vanguard and its managed accounts have rights to dividends or proceeds where applicable, but no single other person holds more than 5%.
ESAB Corporation entered into a major financing agreement by issuing $1,000 million in aggregate principal amount of 5.625% senior notes due 2031. These unsecured notes are guaranteed by certain domestic subsidiaries and pay semi-annual cash interest each April 1 and October 1, starting October 1, 2026.
ESAB plans to use a portion of the net note proceeds, together with issuances of new convertible preferred stock and common stock and borrowings under its senior revolving credit facility, to fund the $1.45 billion purchase of Eddyfi Technologies and related costs. The notes feature special mandatory redemption if the acquisition is not completed by the specified outside date or the share purchase agreement is terminated, optional redemption and equity clawback rights, a 101% repurchase right upon certain changes of control, and customary covenants and events of default.