Lincoln Electric EVP gets share award, withholds for tax

Lincoln Electric Holdings executive Michael J. Whitehead reported equity compensation activity involving company common shares.

Accepted by SEC EDGAR 03/04/2026 - 04:30 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Lincoln Electric Holdings executive Michael J. Whitehead reported equity compensation activity involving company common shares. He acquired 662 common shares at no cost as a grant or award, tied to vesting under a Performance Share Agreement, and simultaneously disposed of 199 shares at $287.09 per share to cover tax obligations. After these transactions, he directly held 10,164 common shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Whitehead Michael J

Role EVP, PRESIDENT, AMERICAS WELD

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	662	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	199	$287.09	$57K

Holdings After Transaction: Common Shares — 10,164 shares (Direct)

Holdings Before and After: Common Shares, 9,701 to 10,164 shares (Direct)

Footnotes (1)

1. F1. Vesting pursuant to terms of the Performance Share Agreement.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Lincoln Electric (LECO) executive Michael J. Whitehead report in this insider transaction?

Michael J. Whitehead reported receiving a grant of 662 Lincoln Electric common shares and a related tax-withholding disposition of 199 shares. These transactions reflect routine equity compensation activity rather than open-market buying or selling, and they adjusted his directly held stake in the company.

How many Lincoln Electric shares did Michael J. Whitehead acquire in the award?

He acquired 662 Lincoln Electric common shares as a grant or award with a price per share of $0. This award vested pursuant to the terms of a Performance Share Agreement, increasing his direct ownership before the related tax-withholding disposal transaction was recorded.

What was the nature of the 199-share disposition by Michael J. Whitehead at Lincoln Electric (LECO)?

The 199-share disposition was a tax-withholding transaction at $287.09 per share, used to satisfy tax liabilities linked to the vested share award. This type of disposal is not an open-market sale but an administrative step associated with equity compensation vesting.

What is Michael J. Whitehead’s direct ownership in Lincoln Electric after these transactions?

Following the award and tax-withholding disposition, Michael J. Whitehead directly holds 10,164 Lincoln Electric common shares. This total reflects the net effect of the 662-share grant and the 199-share tax-related share delivery recorded on the same transaction date.

How is the Performance Share Agreement relevant to Michael J. Whitehead’s new Lincoln Electric shares?

The Performance Share Agreement governs how and when the 662-share award vests for Michael J. Whitehead. The filing notes that the acquisition resulted from vesting under this agreement, which links equity compensation to performance criteria set by Lincoln Electric’s compensation programs.

Did Michael J. Whitehead buy or sell Lincoln Electric (LECO) shares on the open market?

The transactions consist of a share grant and a tax-withholding disposition, not open-market trades. He received 662 shares at no cost as compensation and delivered 199 shares at $287.09 each to cover tax liabilities associated with that equity award vesting.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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)
03/02/2026

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	03/02/2026		A		662(1)	A	$0	10,363	D
Common Shares	03/02/2026		F		199	D	$287.09	10,164	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

Explanation of Responses:

1. Vesting pursuant to terms of the Performance Share Agreement.

	/s/ Susan K. Prewitt, Attorney-in-Fact	03/04/2026
	** 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).
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