Form 4: ESAB Corp Executive Biebuyck Olivier Reports Stock Transactions
SEC Form 4 Filing
Olivier Biebuyck, President of Fabrication Technology at ESAB Corp, reports the acquisition and disposal of common stock and restricted stock units on January 31, 2025.
Summary
- On January 31, 2025, Olivier Biebuyck, President of Fabrication Technology at ESAB Corp, engaged in transactions involving ESAB Corp's common stock and restricted stock units.
- Biebuyck acquired 1,232 shares of common stock through the vesting of restricted stock units.
- Simultaneously, 618 shares were withheld by ESAB Corp to cover Biebuyck's tax liabilities related to the vesting of these restricted stock units at a price of $123.84 per share.
- Following these transactions, Biebuyck directly owns 6,605 shares of ESAB Corp common stock.
- Biebuyck also continues to hold 1,232 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and beneficial ownership of the company's securities.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 02/01/2024 | Grant date of restricted stock units that vest in three equal annual installments. |
| 01/31/2025 | Date of transactions involving common stock and restricted stock units. |
| 02/01/2026 | Date the remaining restricted stock units will vest. |
| 02/03/2025 | Date of signature for the report. |
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