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Lincoln Electric (LECO) EVP awarded shares and options, withholds stock

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

Rhea-AI Filing Summary

Lincoln Electric Holdings EVP Michael J. Whitehead reported routine equity compensation and a related tax-withholding transaction. On February 18, he acquired 3,203 Employee Stock Options at $0.00 per option and 800 Common Shares at $0.00 per share as a grant or award. The options are exercisable in equal installments on the first, second and third anniversaries of the grant date. On February 19, 82 Common Shares were disposed of in a tax-withholding disposition at $288.12 per share to cover tax obligations. After these transactions, he directly owned 9,701 Common Shares and 3,203 stock options.

Positive

  • None.

Negative

  • None.
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
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*
Whitehead Michael J

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, PRESIDENT, AMERICAS WELD
3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026
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 02/18/2026 A 800(1) A $0 9,783 D
Common Shares 02/19/2026 F 82 D $288.12 9,701 D
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
Employee Stock Option (Right to Buy) $289.04 02/18/2026 A 3,203 (2) 02/18/2036 Common Shares 3,203 $0 3,203 D
Explanation of Responses:
1. Pursuant to restricted stock unit award.
2. Exercisable in equal installments on the first, second and third anniversaries of the date of grant.
/s/ Susan K. Prewitt, Attorney-in-Fact 02/20/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did LECO executive Michael J. Whitehead report?

Michael J. Whitehead reported equity awards and a tax-withholding transaction. He received 3,203 stock options and 800 Common Shares as grants, and 82 Common Shares were disposed of to satisfy tax obligations related to equity compensation.

How many Lincoln Electric (LECO) stock options were granted to Michael J. Whitehead?

He was granted 3,203 Employee Stock Options. These options were awarded at an exercise price of $0.00 per option and become exercisable in three equal installments on the first, second and third anniversaries of the February 18 grant date.

What Common Share grants did Lincoln Electric (LECO) award to Michael J. Whitehead?

He received a grant of 800 Common Shares at $0.00 per share. A footnote states this was pursuant to a restricted stock unit award, indicating the shares stem from an RSU-based equity compensation program.

Why were 82 Lincoln Electric (LECO) Common Shares disposed of by Michael J. Whitehead?

The 82 Common Shares were disposed of as a tax-withholding disposition. This means shares were surrendered at $288.12 per share to cover tax liabilities associated with his equity compensation, rather than representing an open-market sale.

What are Michael J. Whitehead’s Lincoln Electric (LECO) holdings after these transactions?

Following the reported transactions, he directly held 9,701 Common Shares and 3,203 Employee Stock Options. These figures reflect his updated direct ownership after the equity grants and the 82-share tax-withholding disposition.

How do Michael J. Whitehead’s LECO stock options vest over time?

The 3,203 Employee Stock Options vest in three equal installments. They become exercisable on the first, second and third anniversaries of the February 18 grant date, creating a multi-year incentive structure tied to his continued service.
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