Lincoln Electric (LECO) CEO gets stock awards and withholds shares for tax

Rhea-AI Filing Summary

Lincoln Electric Holdings chairman, president and CEO Steven B. Hedlund reported equity compensation awards and a related tax withholding. On February 18, he received a grant of 21,375 Employee Stock Options at an exercise price of $0.0000 per option and a separate award of 5,340 Common Shares, both held directly.

The options become exercisable in equal installments on the first, second and third anniversaries of the grant date. On February 19, 496 Common Shares were disposed of at $288.12 per share in a tax-withholding disposition, leaving 60,710 Common Shares held directly and 2,465.1 Common Shares held indirectly through a 401(k).

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

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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^*

Hedlund Steven B

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHAIRMAN, PRESIDENT & CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/18/2026

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	02/18/2026		A		5,340(1)	A	$0	61,206	D
Common Shares	02/19/2026		F		496	D	$288.12	60,710	D
Common Shares								2,465.1	I	by 401(k)

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
Employee Stock Option (Right to Buy)	$289.04	02/18/2026		A		21,375		(2)	02/18/2036	Common Stock	21,375	$0	21,375	D

Explanation of Responses:

1. Pursuant to restricted stock unit award.

2. Exercisable in equal installments on the first, second and third anniversaries of the date of grant.

	/s/ Susan K. Prewitt, Attorney-in-Fact	02/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What equity awards did LECO CEO Steven B. Hedlund receive in this Form 4?

Steven B. Hedlund received 21,375 Employee Stock Options and 5,340 Common Shares as equity awards. The options have a zero exercise price and vest in three equal annual installments, while the shares were granted directly as part of his compensation.

Did the LECO CEO sell any Lincoln Electric shares in this filing?

The filing shows 496 Common Shares were disposed of to cover tax obligations, not an open-market sale. This tax-withholding disposition occurred at $288.12 per share and is tied to the equity compensation, rather than a discretionary sale of existing holdings.

How many Lincoln Electric shares does the LECO CEO hold after these transactions?

After the reported transactions, Steven B. Hedlund holds 60,710 Common Shares directly. In addition, he has 2,465.1 Common Shares held indirectly through a 401(k) plan, plus 21,375 stock options from the new grant, which vest over three years.

When do the newly granted LECO stock options to the CEO become exercisable?

The 21,375 Employee Stock Options granted to Steven B. Hedlund become exercisable in three equal installments. Vesting occurs on the first, second, and third anniversaries of the February 18 grant date, providing a multi-year incentive structure tied to continued service.

What was the price used for the LECO CEO tax-withholding share disposition?

The tax-withholding disposition of 496 Common Shares for Steven B. Hedlund used a price of $288.12 per share. These shares were withheld to satisfy tax liabilities associated with his equity awards, rather than being sold voluntarily on the open market.