Lincoln Electric (LECO) CFO disposes 600 shares in tax-withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lincoln Electric Holdings executive Gabriel Bruno, EVP, CFO & Treasurer, reported a tax-related share disposition. On the transaction date, he used 600 Common Shares in a tax-withholding disposition at $293.68 per share to cover tax obligations rather than selling shares on the open market.
After this transaction, Bruno directly owned 28,751 Common Shares, which includes 277 shares held jointly with his spouse. This filing reflects a share withholding mechanism tied to equity compensation, not a discretionary buy-or-sell trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bruno Gabriel
Role
EVP, CFO & TREASURER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 600 | $293.68 | $176K |
Holdings After Transaction:
Common Shares — 28,751 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Lincoln Electric (LECO) CFO Gabriel Bruno report?
Gabriel Bruno reported a tax-related share disposition, using 600 Common Shares to cover tax withholding. The transaction was coded “F,” meaning shares were delivered to satisfy tax liability rather than sold in an open-market trade.
What does transaction code “F” mean in Gabriel Bruno’s Lincoln Electric (LECO) Form 4?
Transaction code “F” indicates payment of exercise price or tax liability by delivering securities. In this case, 600 Common Shares were used to satisfy tax withholding, classed as a tax-withholding disposition rather than a typical market buy or sell.
What is Gabriel Bruno’s role at Lincoln Electric (LECO) mentioned in the Form 4?
Gabriel Bruno is listed as EVP, CFO & Treasurer of Lincoln Electric Holdings Inc. His Form 4 filing reflects an executive equity-related tax-withholding transaction, disclosing how many Common Shares were used and his remaining direct share ownership.