Lincoln Electric (LECO) EVP logs share award and tax-withholding trade
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.
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Insider Trade Summary
Net Buyer: 942 shares
Net Buy
2 txns
Insider
Ansberry Jennifer I
Role
EVP, GENERAL COUNSEL & SECY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,712 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Shares | 770 | $287.09 | $221K |
Holdings After Transaction:
Common Shares — 20,266 shares (Direct)
Footnotes (2)
- F1. Vesting pursuant to terms of the Performance Share Agreement.
- F2. Total includes 20 shares held as Joint Tenants with Reporting Person's spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.