T. Rowe Price discloses 9.6% ESAB Corp (ESAB) ownership stake

Rhea-AI Filing Summary

T. Rowe Price Associates, Inc. reported beneficial ownership of 5,852,722 shares of ESAB CORP common stock, representing 9.6% of the class as of the event date. The firm has sole voting power over 5,670,668 shares and sole dispositive power over 5,852,692 shares, with no shared voting or dispositive power. The shares were acquired and are held in the ordinary course of business, and T. Rowe Price states they were not acquired to change or influence control of ESAB.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 5)

ESAB CORP

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

29605J106

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 29605J106

1

Names of Reporting Persons

T. Rowe Price Associates, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MARYLAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 5,670,668.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 5,852,692.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,852,722.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: ESAB CORP
(b)	Address of issuer's principal executive offices: 909 ROSE AVENUE, 8TH FLOOR, NORTH BETHESDA, MD, 20852
Item 2.
(a)	Name of person filing: T. Rowe Price Associates, Inc.
(b)	Address or principal business office or, if none, residence: 1307 Point Street, Baltimore, MD 21231
(c)	Citizenship: Maryland
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP No.: 29605J106
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 5852722
(b)	Percent of class: 9.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 5670668
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 5852692
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. T. Rowe Price Associates, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Associates is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

T. Rowe Price Associates, Inc.

Signature:	Ellen York
Name/Title:	Vice President
Date:	02/17/2026

FAQ

What stake in ESAB (ESAB) does T. Rowe Price Associates report?

T. Rowe Price Associates reports beneficial ownership of 5,852,722 ESAB CORP common shares, representing 9.6% of the outstanding class. This level of ownership makes the firm a significant institutional holder under U.S. securities disclosure rules.

Does T. Rowe Price Associates seek to control ESAB (ESAB) with this stake?

T. Rowe Price Associates certifies the ESAB shares were acquired and are held in the ordinary course of business. It states they were not acquired for the purpose of changing or influencing control of ESAB CORP.

How many ESAB (ESAB) shares can T. Rowe Price vote and dispose of?

T. Rowe Price Associates has sole voting power over 5,670,668 ESAB shares and sole dispositive power over 5,852,692 shares, with no shared voting or shared dispositive power reported in the filing.

Why did T. Rowe Price Associates file this Schedule 13G/A for ESAB (ESAB)?

The amended Schedule 13G/A was filed because T. Rowe Price Associates’ beneficial ownership exceeded 5% of ESAB’s common stock. U.S. rules require institutional investors to disclose such significant holdings and update them when ownership changes materially.

What type of reporting person is T. Rowe Price Associates in this ESAB (ESAB) filing?

T. Rowe Price Associates identifies itself as an investment adviser under SEC Rule 13d-1(b)(1)(ii)(E). The firm files on behalf of client accounts for which it has investment discretion over ESAB CORP common stock positions.

When is the ownership information for ESAB (ESAB) in this filing effective?

The ownership information relates to an event dated 12/31/2025. As of that date, T. Rowe Price Associates reported beneficial ownership of 5,852,722 ESAB common shares, or 9.6% of the class, with specified voting and dispositive powers.