STOCK TITAN

Lincoln Electric (LECO) director granted 688 common shares as award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lincoln Electric Holdings director Curtis E. Espeland reported receiving a grant of 688 common shares as a stock-based award pursuant to a restricted stock unit award. The shares were acquired at no cash cost to him and increase his direct holdings to 19,110 common shares.

Positive

  • None.

Negative

  • None.
Insider ESPELAND CURTIS E
Role null
Type Security Shares Price Value
Grant/Award Common Shares 688 $0.00 --
Holdings After Transaction: Common Shares — 19,110 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares granted 688 common shares Grant, award, or other acquisition on April 17, 2026
Post-transaction holdings 19,110 common shares Direct ownership following the award
Grant price per share $0.0000 per share Reported transaction price for awarded shares
restricted stock unit award financial
"Pursuant to restricted stock unit award."
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
ESPELAND CURTIS E

(Last)(First)(Middle)
22801 SAINT CLAIR AVENUE

(Street)
CLEVELAND OHIO 44117

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LINCOLN ELECTRIC HOLDINGS INC [ LECO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/17/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Shares04/17/2026A(1)688A$019,110D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Pursuant to restricted stock unit award.
/s/ Susan K. Prewitt, Attorney-in-Fact04/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did LECO director Curtis Espeland report?

Director Curtis E. Espeland reported receiving 688 common shares of Lincoln Electric Holdings as a stock-based award. The shares were granted at no cash cost to him and reflect routine equity compensation rather than an open-market purchase or sale.

Was the LECO insider transaction an open-market buy or sell?

The transaction was not an open-market buy or sell. It was coded as a grant or award acquisition, meaning Curtis Espeland received 688 common shares as compensation pursuant to a restricted stock unit award, with no reported purchase price per share.

How many Lincoln Electric (LECO) shares does Curtis Espeland now hold?

Following the reported award, Curtis Espeland directly holds 19,110 common shares of Lincoln Electric Holdings. This total reflects his position after adding the 688 granted shares and provides context for the relative size of the reported compensation grant.

What does the restricted stock unit award mean for LECO’s director?

The restricted stock unit award provided Curtis Espeland with 688 common shares as equity compensation. Such awards typically align director incentives with shareholders by increasing direct share ownership instead of paying equivalent cash, though specific vesting or restriction details were not included in this data.

How is the Form 4 transaction for LECO classified by the SEC code?

The Form 4 transaction is classified under code "A", described as a grant, award, or other acquisition. This indicates the 688 common shares were received as a compensation-related stock award rather than through buying or selling shares in the open market.