Lincoln Electric (LECO) CEO receives 3,182-share performance grant

Rhea-AI Filing Summary

LINCOLN ELECTRIC HOLDINGS INC reported that Chairman, President & CEO Steven B. Hedlund acquired 3,182 common shares on March 2, 2026 as a grant that vested under a Performance Share Agreement. The award carried a stated price of $0.00 per share. Following this grant, his directly held common shares increased to 63,892. In addition, he indirectly holds 2,472.504 common shares through a 401(k) plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hedlund Steven B

(Last) (First) (Middle)

22801 SAINT CLAIR AVENUE

(Street)

CLEVELAND OH 44117

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LINCOLN ELECTRIC HOLDINGS INC [ LECO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHAIRMAN, PRESIDENT & CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Shares	03/02/2026		A		3,182(1)	A	$0	63,892	D
Common Shares								2,472.504	I	by 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Vesting pursuant to terms of the Performance Share Agreement.

	/s/ Susan K. Prewitt, Attorney-in-Fact	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did LECO CEO Steven B. Hedlund report?

Steven B. Hedlund reported receiving a grant of 3,182 Lincoln Electric common shares on March 2, 2026. The shares vested under a Performance Share Agreement and were recorded at a stated price of $0.00 per share, indicating a stock-based compensation award rather than an open-market purchase.

How many Lincoln Electric (LECO) shares does the CEO own after this Form 4?

After the reported grant, Steven B. Hedlund directly owns 63,892 Lincoln Electric common shares. He also indirectly owns 2,472.504 additional common shares through a 401(k) plan, reflecting both direct executive holdings and retirement-plan-based ownership reported in the filing.

Was the LECO CEO’s March 2, 2026 share acquisition an open-market buy?

No, the CEO’s March 2, 2026 acquisition was a stock grant vesting under a Performance Share Agreement. The transaction carried a stated price of $0.00 per share, which is characteristic of equity compensation awards rather than purchases on the open market.

What does the Performance Share Agreement mean for LECO CEO’s new shares?

The Performance Share Agreement indicates the 3,182 shares were earned based on pre-defined performance conditions. The footnote states the shares vested pursuant to this agreement, meaning they became owned by the CEO once those performance terms were satisfied.

How are the LECO shares held in the CEO’s 401(k) reported?

Shares held in the CEO’s 401(k) are reported as indirect ownership. The Form 4 lists 2,472.504 common shares with ownership noted as “by 401(k),” distinguishing these retirement-plan holdings from his 63,892 directly owned common shares after the grant.