Lincoln Electric (LECO) Form 4: Bruno Gabriel Exercises Options and Disposes Shares
Rhea-AI Filing Summary
Bruno Gabriel, EVP, CFO & Treasurer of Lincoln Electric Holdings (LECO), reported transactions dated 08/08/2025. He exercised employee stock options converting 7,305 options into common shares at an exercise price of $89.63 per share, and the filing shows 0 derivative securities remaining following the reported transactions.
On the same date he sold 7,305 shares at $242.4198 per share and gifted 315 shares at no consideration. After these transactions he beneficially owned 29,612 common shares, which includes 277 shares held jointly with his spouse.
Positive
- Converted 7,305 employee stock options into common shares at an exercise price of $89.63, as disclosed on the Form 4.
- Derivative holdings reported as 0 after the transactions, indicating those options were exercised or otherwise removed as of the filing.
Negative
- Sold 7,305 common shares at $242.4198, reducing direct beneficial ownership from the interim level shown to 29,927 and ultimately to 29,612 after the gift.
- Gifted 315 shares at no consideration, further reducing direct beneficial ownership to 29,612 shares.
Insights
TL;DR: Routine option exercise followed by a same-day sale and small gift; beneficial ownership reduced to 29,612 shares, options shown as 0.
The Form 4 discloses an exercise of 7,305 employee stock options at an exercise price of $89.63 and a contemporaneous sale of 7,305 common shares at $242.4198. The filing reports derivative holdings as 0 after the transactions and final beneficial ownership of 29,612 shares. These entries are factual disclosures of insider activity; no forward-looking statements or additional company financial data are provided in the filing.
TL;DR: Officer-level disclosure shows conversion of options, a sale, and a gift; filing notes joint spousal holdings and option exercisability details.
The report indicates an employee stock option exercise (7,305 options at $89.63), immediate sale of the same number of shares at $242.4198, and a gift of 315 shares. The explanatory note states 277 shares are held jointly with the reporting person's spouse and that the options were exercisable in equal installments on the first three anniversaries of the grant. The filing is a standard Section 16 disclosure with no regulatory violations or additional governance actions listed.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 7,305 | $0.00 | -- |
| Exercise | Common Shares | 7,305 | $89.63 | $655K |
| Sale | Common Shares | 7,305 | $242.4198 | $1.77M |
| Gift | Common Shares | 315 | $0.00 | -- |
Footnotes (1)
- Total includes 277 shares held jointly with Reporting Person's spouse. Exercisable in equal installments on the first, second and third anniversaries of the date of grant.
