Lincoln Electric (LECO) CFO sells 17,473 shares after option exercise
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lincoln Electric Holdings EVP, CFO & Treasurer Gabriel Bruno reported multiple share transactions. On 2026-03-02 he exercised 17,473.0000 employee stock options, receiving 17,473.0000 common shares at 114.2700 per share, leaving no options of that grant outstanding.
He then sold 2,427.0000, 11,868.0000 and 3,178.0000 common shares in open-market transactions at weighted-average prices of 285.4352, 286.2299 and 287.1442 per share. Bruno also made a bona fide gift of 2,898.0000 shares and received a 2,784.0000-share grant, ending with 29,920.0000 directly owned common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 17,473 shares ($5,002,272)
Net Sell
7 txns
Insider
Bruno Gabriel
Role
EVP, CFO & TREASURER
Sold
17,473 shs ($5.00M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 17,473 | $0.00 | -- |
| Exercise | Common Shares | 17,473 | $114.27 | $2.00M |
| Sale | Common Shares | 2,427 | $285.4352 | $693K |
| Sale | Common Shares | 11,868 | $286.2299 | $3.40M |
| Sale | Common Shares | 3,178 | $287.1442 | $913K |
| Gift | Common Shares | 2,898 | $0.00 | -- |
| Grant/Award | Common Shares | 2,784 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 0 shares (Direct);
Common Shares — 47,507 shares (Direct)
Footnotes (1)
- This transaction was executed in multiple trades at prices ranging from $284.8025 to $285.8024. 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. This transaction was executed in multiple trades at prices ranging from $285.8132 to $286.8093. 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. This transaction was executed in multiple trades at prices ranging from $286.8146 to $287.72. 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. Vesting pursuant to terms of the Performance Share Agreement. Exercisable in equal installments on the first, second and third anniversaries of the date of grant.
FAQ
What insider activity did LECO CFO Gabriel Bruno report on this Form 4?
Gabriel Bruno reported option exercises, share sales, a gift, and a share grant. He exercised 17,473.0000 options into common shares, sold several blocks of stock, made a 2,898.0000-share gift, and received a 2,784.0000-share award, ending with 29,920.0000 directly owned shares.
What stock options did the Lincoln Electric CFO exercise according to this Form 4?
He exercised 17,473.0000 employee stock options into common shares. The options were converted into 17,473.0000 Lincoln Electric common shares at an exercise price of 114.2700 per share, with the option position from that grant reduced to zero following the transaction.
Did the Lincoln Electric CFO make any gifts of company stock in this Form 4?
Yes, he made a bona fide gift of 2,898.0000 common shares. The transaction, coded as "G", reduced his directly owned share count but did not involve a sale price, reflecting a transfer of shares as a gift rather than a market transaction.