Lincoln Electric (LECO) EVP logs share award and tax-withholding trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lincoln Electric Holdings executive Jennifer I. Ansberry reported equity-related transactions in company common shares. She acquired 1,712 shares at a price of $0.0000 per share as a grant or award that vested pursuant to a Performance Share Agreement. To cover tax obligations, 770 shares were disposed of at $287.0900 per share through a tax-withholding disposition. Following these transactions, her direct holdings totaled 20,266 common shares, including 20 shares held as joint tenants with her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ansberry Jennifer I
Role
EVP, GENERAL COUNSEL & SECY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,712 | $0.00 | -- |
| Tax Withholding | Common Shares | 770 | $287.09 | $221K |
Holdings After Transaction:
Common Shares — 21,036 shares (Direct)
Footnotes (1)
- Vesting pursuant to terms of the Performance Share Agreement. Total includes 20 shares held as Joint Tenants with Reporting Person's spouse.
FAQ
What insider transactions did LECO executive Jennifer Ansberry report?
Jennifer I. Ansberry reported an equity award and a related tax-withholding transaction. She received 1,712 Lincoln Electric common shares as a grant, then 770 shares were disposed of at $287.0900 per share to satisfy tax obligations linked to the vesting.
What does the tax-withholding disposition in the LECO Form 4 mean?
The filing shows 770 common shares disposed of at $287.0900 per share as a tax-withholding disposition. This typically means shares were withheld or delivered to cover tax liabilities arising from the vesting of equity awards, not a discretionary open-market sale.
What role does Jennifer Ansberry hold at Lincoln Electric (LECO)?
Jennifer I. Ansberry serves as Executive Vice President, General Counsel and Secretary at Lincoln Electric Holdings. Her Form 4 filing reflects equity compensation activity and related tax withholding, which are common features of senior executive compensation packages.