Lincoln Electric EVP gets share award, withholds for tax
Lincoln Electric Holdings executive Michael J. Whitehead reported equity compensation activity involving company common shares.
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.
Positive
- None.
Negative
- None.
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)
Footnotes (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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.