Vanguard disaggregation shows 0% stake in Esab Corp (NYSE: ESAB)

Rhea-AI Filing Summary

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%.

Insights

Institutional Ownership Analyst

Vanguard disaggregated holdings; reports no beneficial stake in ESAB as of this amendment.

Filing language attributes the change to an internal realignment dated 01/12/2026, and states subsidiaries or business divisions will report separately in reliance on SEC Release No. 34-39538.

Cash‑flow treatment and any subsidiary balances are not presented in the excerpt; subsequent filings by those subsidiaries may show holdings.

Compliance / SEC Filings Specialist

Administrative amendment clarifies reporting boundaries; no ownership disclosed here.

The Schedule 13G/A reports 0 shares and 0% beneficial ownership and includes the required disclosure about dividend/proceeds rights across managed accounts.

The signature block dates the form 03/26/2026; this appears to be an administrative update rather than a transaction.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Esab Corp

(Name of Issuer)

Common Stock

(Title of Class of Securities)

(CUSIP Number)

03/13/2026

(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)

schemaVersion:

SCHEDULE 13G

CUSIP No.

1

Names of Reporting Persons

The Vanguard Group

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

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

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)

0 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: On January 12, 2026, The Vanguard Group, Inc. went through an internal realignment. In accordance with SEC Release No. 34-39538 (January 12, 1998), certain subsidiaries or business divisions of subsidiaries of The Vanguard Group, Inc., that formerly had, or were deemed to have, beneficial ownership with The Vanguard Group, Inc., will report beneficial ownership separately (on a disaggregated basis) from The Vanguard Group, Inc. in reliance on such release. These subsidiaries and/or business divisions pursue the same investment strategies as previously pursued by The Vanguard Group, Inc. prior to the realignment. Further in accordance with SEC Release No. 34-39538 (January 12, 1998), The Vanguard Group, Inc. no longer has, or is deemed to have, beneficial ownership over securities beneficially owned by such subsidiaries and/or business divisions.

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: The Vanguard Group
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd.,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.:
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: 0
(b)	Percent of class: 0 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The Vanguard Group, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
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.

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.

The Vanguard Group

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	03/26/2026

FAQ

What does the Schedule 13G/A for ESAB say about Vanguard's stake?

Direct answer: The filing reports 0 shares and 0% beneficial ownership in Esab Corp. Supporting context: It attributes the change to an internal realignment on 01/12/2026, after which subsidiaries report separately under SEC Release No. 34-39538.

Why does Vanguard report zero ownership in the Amendment No. 2 filing?

Direct answer: Vanguard states an internal realignment caused disaggregated reporting by subsidiaries, resulting in 0 shares shown here. Supporting context: The filing cites SEC Release No. 34-39538 and says subsidiaries pursue the same strategies but will report separately.

Does the filing indicate any subsidiary still holds ESAB shares?

Direct answer: The filing says certain subsidiaries will report beneficial ownership separately after the realignment. Supporting context: It does not list subsidiary holdings or amounts in this excerpt; those holdings would appear in separate filings by the subsidiaries.

Who signed the Schedule 13G/A for Vanguard and when?

Direct answer: The form is signed by Ashley Grim, Head of Global Fund Administration, dated 03/26/2026. Supporting context: The signature block appears at the end of the amendment and authenticates the disclosure about ownership and the realignment.

Does Vanguard disclose any person holding more than 5% of ESAB in this filing?

Direct answer: The filing states no other person's interest in the reported securities exceeds 5%. Supporting context: The Schedule 13G/A includes the standard statement about dividend/proceeds rights and explicitly reports ownership of 5 percent or less.