Lincoln Electric EVP sells 10,657 shares
Lincoln Electric Holdings EVP and General Counsel Jennifer I. Ansberry reported a set of option exercises and share sales.
Rhea-AI Filing Summary
Lincoln Electric Holdings EVP and General Counsel Jennifer I. Ansberry reported a set of option exercises and share sales. On February 17, she exercised 10,657 employee stock options, receiving the same number of common shares through a derivative exercise.
That same day, she conducted open-market sales totaling 10,657 common shares in several transactions at reported per-share prices of $288.6490, $289.1844 and $290.3780. On February 13, 465 shares were disposed of to cover tax obligations at $293.6800 per share.
After these transactions, she directly owned 18,708 common shares, which the disclosure notes includes 20 shares held as joint tenants with her spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 10,657 | $0.00 | $0.00 |
| Exercise | Common Shares | 10,657 | $114.27 | $1.22M |
| Sale | Common Shares | 7,757 | $288.649 | $2.24M |
| Sale | Common Shares | 2,400 | $289.1844 | $694K |
| Sale | Common Shares | 500 | $290.378 | $145K |
| Exercise Price or Tax Liability | Common Shares | 465 | $293.68 | $137K |
Footnotes (5)
- F1. Total includes 20 shares held as Joint Tenants with Reporting Person's spouse.
- F2. This transaction was executed in multiple trades at prices ranging from $288.02 to $289.01. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F3. This transaction was executed in multiple trades at prices ranging from $289.02 to $289.385. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F4. This transaction was executed in multiple trades at prices ranging from $290.29 to $290.40. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F5. Exercisable in equal installments on the first, second and third anniversaries of the date of grant.
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