Lincoln Electric (LECO) EVP receives stock, options and uses shares for taxes
Rhea-AI Filing Summary
Lincoln Electric Holdings executive Susan C. Edwards reported equity compensation transactions. On February 18, she received 598 Common Shares and an Employee Stock Option for 2,394 shares, both granted at $0.00 per share as awards, with the option exercisable in three equal annual installments. On February 19, 93 Common Shares at $288.12 per share were disposed of to satisfy tax withholding, leaving her with 1,868 Common Shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 505 shares
Net Buy
3 txns
Insider
Edwards Susan C
Role
EVP, CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Shares | 93 | $288.12 | $27K |
| Grant/Award | Employee Stock Option (Right to Buy) | 2,394 | $0.00 | $0.00 |
| Grant/Award | Common Shares | 598 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 2,394 shares (Direct);
Common Shares — 1,868 shares (Direct)
Footnotes (2)
- F1. Pursuant to restricted stock unit award.
- F2. Exercisable in equal installments on the first, second and third anniversaries of the date of grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did LECO executive Susan C. Edwards report?
Susan C. Edwards reported equity awards and a small tax-related share disposition. She received 598 Common Shares, 2,394 stock options, and used 93 shares at $288.12 each to cover tax withholding, leaving 1,868 Common Shares directly owned.
Are Susan C. Edwards’ reported LECO transactions open-market buys or sells?
The reported transactions are compensation-related awards and tax withholding, not open-market trades. She received Common Shares and stock options as grants, and 93 shares were disposed of specifically to pay tax liabilities tied to those equity awards.