Form 4: ESAB Corp: Chief Human Resources Officer Reports Stock Transactions
SEC Form 4 Filing
Michele Campion, Chief Human Resources Officer of ESAB Corp, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On May 12, 2024, Michele Campion, the Chief Human Resources Officer of ESAB Corp, reported transactions involving the company's common stock.
- 819 restricted stock units vested, each representing a contingent right to receive one share of ESAB Corp common stock.
- 273 shares were withheld by ESAB Corporation to cover the reporting person's tax liability related to the vesting of these restricted stock units at a price of $100.27.
- Following these transactions, Campion directly owns 2,352 shares of ESAB Corp common stock and 819 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives who receive stock-based compensation. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 05/12/2023 | First vesting date of restricted stock units. |
| 05/12/2024 | Date of reported transactions: vesting of restricted stock units and tax withholding. |
| 05/12/2025 | Final vesting date of remaining restricted stock units. |
| 05/13/2024 | Date of signature for the Form 4 filing. |
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