Form 4: ESAB Corp Executive Michele Campion 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 March 8, 2024, Michele Campion, Chief Human Resources Officer of ESAB Corp, had 957 restricted stock units vest.
- These units represent a contingent right to receive one share of ESAB Corp common stock each.
- ESAB Corp withheld 319 shares to cover Ms. Campion's tax liability at a price of $100.6 per share.
- Ms. Campion did not sell any shares to cover the tax liability.
- Following these transactions, Ms. Campion directly owns 1,806 shares of common stock and 1,915 restricted stock units.
- One-third of the restricted stock units vested on March 8, 2024, with the remainder vesting in equal installments on March 8, 2025, and March 8, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, and does not contain any information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to executive compensation and is standard practice for publicly traded companies. It provides transparency into the stock ownership of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/08/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 03/08/2024 | One-third of the restricted stock units vested. |
| 03/08/2025 | Next vesting date for remaining restricted stock units (half of the remaining units). |
| 03/08/2026 | Final vesting date for remaining restricted stock units. |
| 03/12/2024 | Date of signature on the Form 4 filing. |
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