Filing Details
- Accession Number:
- 0001877322-25-000108
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2025-05-14 16:32:38
- Reporting Period:
- 2025-05-12
- Filing Date:
- 2025-05-14
- Accepted Time:
- 2025-05-14 16:32:38
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1877322 | Esab Corp | ESAB | General Industrial Machinery & Equipment, Nec (3569) | 870923837 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1910578 | Olivier Biebuyck | 909 Rose Ave, 8Th Floor North Bethesda MD 20852 | President, Fab Tech | No | Yes | No | No |
Transaction Summary
| Sold: | 1,417 shares | Avg. Price: $131.15 | Total Value: $185,839.55 |
| Number of Shares After Transactions: | 14,989 shares | ||
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 | Acquisiton | 2025-05-12 | 969 | $0.00 | 9,845 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2025-05-12 | 486 | $128.66 | 9,359 | No | 4 | F | Direct | |
| Common Stock, Par Value $0.001 | Acquisiton | 2025-05-12 | 2,361 | $0.00 | 11,720 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2025-05-12 | 1,183 | $128.66 | 10,537 | No | 4 | F | Direct | |
| Common Stock, Par Value $0.001 | Acquisiton | 2025-05-12 | 8,922 | $0.00 | 19,459 | No | 4 | A | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2025-05-12 | 4,470 | $128.66 | 14,989 | No | 4 | F | Direct | |
| Common Stock, Par Value $0.001 | Acquisiton | 2025-05-12 | 4,413 | $46.94 | 19,402 | No | 4 | M | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2025-05-12 | 2,996 | $131.67 | 16,406 | No | 4 | F | Direct | |
| Common Stock, Par Value $0.001 | Disposition | 2025-05-12 | 1,417 | $131.15 | 14,989 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.001 | Restricted Stock Units | Disposition | 2025-05-12 | 969 | $0.00 | 969 | $0.00 |
| Common Stock, Par Value $0.001 | Restricted Stock Units | Disposition | 2025-05-12 | 2,361 | $0.00 | 2,361 | $0.00 |
| Common Stock, Par Value $0.001 | Employee Stock Option (right to buy) | Disposition | 2025-05-12 | 4,413 | $0.00 | 4,413 | $46.94 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2023-05-12 | 2025-05-12 | No | 4 | M | Direct |
| 4,724 | 2025-05-12 | 2027-05-12 | No | 4 | M | Direct |
| 4,413 | 2023-02-24 | 2027-02-23 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation.
- Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of restricted stock units. No shares weresold by the reporting person to satisfy this tax liability.
- Represents shares vested pursuant to performance-based restricted stock units granted on May 12, 2022, which vesting was subject to the certification of certain performance criteria. The award vested on May 12, 2025.
- Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of performance-based restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
- Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the tax liability and exercise price associated with the reporting person's exercise of employee stock options. No shares were sold by the reporting person to satisfy the exercise price or this tax liability.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
- This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. All remaining restricted stock units from this award vestedon May 12, 2025.
- This award represents restricted stock units that vest in three equal annual installments beginning on the third anniversary of the grant date. The remaining restricted stock units from this award willvest in two equal tranches on May 12, 2026 and May 12, 2027.
- This award represents options that vested in three equal annual installments beginning on the first anniversary of the grant date. 7,334 options were fully vested and exercisable as of the date of ESAB Corporation's separation from Colfax Corporation. All remaining options became fully vested and exercisable on February 24, 2023.
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