Form 4: ESAB Corp CEO Shyam Kambeyanda Reports Stock Transactions
SEC Form 4 Filing
ESAB Corp CEO Shyam Kambeyanda reports the vesting and tax withholding of restricted stock units.
Summary
- On May 12, 2025, Shyam Kambeyanda, President and CEO of ESAB Corp, reported transactions involving ESAB Corp common stock.
- These transactions included the vesting of 11,809 and 10,796 restricted stock units, and the subsequent withholding of 5,705 and 5,215 shares respectively to cover tax liabilities.
- Kambeyanda also acquired 38,862 shares that vested pursuant to performance-based restricted stock units granted on May 12, 2022.
- Following these transactions, Kambeyanda directly owns 99,864 shares of ESAB Corp common stock.
- The price per share for tax withholding purposes was $128.66.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transactions reported may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 05/12/2022 | Date of grant for performance-based restricted stock units. |
| 05/12/2023 | First anniversary of the grant date for some restricted stock units. |
| 05/12/2025 | Date of reported transactions, including vesting of restricted stock units and tax withholding. |
| 05/12/2026 | Date when remaining restricted stock units from one award will vest. |
| 05/12/2027 | Date when remaining restricted stock units from one award will vest. |
| 05/14/2025 | Date of signature on the Form 4 filing. |
Keywords
ESAB Corp, Shyam Kambeyanda, Form 4, Stock Transactions, Restricted Stock Units, Vesting, Tax Withholding, Beneficial Ownership
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