Lincoln Electric (LECO) EVP reports stock awards and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lincoln Electric Holdings executive Lisa Dietrich reported equity compensation activity involving company common shares and stock options. She received a grant of 2,052 employee stock options and 513 common shares pursuant to a restricted stock unit award. The options vest in three equal annual installments. To cover tax obligations, 61 common shares were disposed of through a tax-withholding transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Dietrich Lisa
Role
EVP, CDIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 61 | $288.12 | $18K |
| Grant/Award | Employee Stock Option (Right to Buy) | 2,052 | $0.00 | -- |
| Grant/Award | Common Shares | 513 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 3,195 shares (Direct);
Employee Stock Option (Right to Buy) — 2,052 shares (Direct)
Footnotes (1)
- Pursuant to restricted stock unit award. Exercisable in equal installments on the first, second and third anniversaries of the date of grant.
FAQ
What insider transactions did LECO executive Lisa Dietrich report on this Form 4?
Lisa Dietrich reported equity awards and a small tax-related share disposal. She received 2,052 stock options and 513 common shares as awards, and 61 common shares were disposed of to satisfy tax withholding obligations related to these grants.
How many Lincoln Electric (LECO) stock options were granted to Lisa Dietrich?
Lisa Dietrich was granted 2,052 employee stock options. These options represent the right to buy Lincoln Electric common shares in the future, providing long-term equity-based compensation aligned with the company’s performance and her ongoing employment.
How will Lisa Dietrich’s newly granted LECO stock options vest over time?
The granted 2,052 employee stock options vest in equal installments on the first, second, and third anniversaries of the grant date. This three-year vesting schedule is designed to encourage retention and align her incentives with Lincoln Electric’s long-term performance.