Form 4: ESAB Corp CFO Kevin J. Johnson Reports Changes in Beneficial Ownership

Chief Financial Officer Kevin J. Johnson reports transactions involving ESAB Corp common stock, including the vesting of restricted stock units and shares withheld for tax liability.

Summary

• On January 2, 2025, Kevin J. Johnson, CFO of ESAB Corp, reported changes in his beneficial ownership of the company's common stock.
• These changes include the vesting of 986 restricted stock units, each representing a contingent right to receive one share of common stock.
• Additionally, 529 shares were withheld by ESAB Corporation to cover Johnson's tax liability related to the vesting of these restricted stock units at a price of $118.33 per share.
• Following these transactions, Johnson directly owns 11,890 shares of ESAB Corp common stock and 1,972 restricted stock units.
• One-third of the restricted stock units vested on January 2, 2025, with the remaining units vesting in equal annual installments on January 2, 2026, and January 2, 2027.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.

Future Outlook

The remaining restricted stock units will vest in two equal annual installments on January 2, 2026 and January 2, 2027.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.

Stakeholder Impact

• The vesting of restricted stock units aligns the interests of the CFO with those of the shareholders.
• The tax liability settlement has no direct impact on stakeholders.

Key Dates