ESAB.NYSEEsab CORP

Form 4: ESAB Corp: Officer Biebuyck Olivier Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Olivier Biebuyck, President of Fabrication Technology at ESAB Corp, reports the vesting of restricted stock units and associated tax withholding.

Summary

  • On February 24, 2025, Olivier Biebuyck, President, Fab Tech at ESAB Corp, reported transactions involving ESAB Corp common stock.
  • 930 restricted stock units vested, resulting in the acquisition of 930 shares of common stock.
  • ESAB Corp withheld 438 shares at a price of $121.47 to cover the reporting person's tax liability.
  • Following these transactions, Biebuyck directly owns 8,132 shares of ESAB Corp common stock and 1,862 restricted stock units.
  • The restricted stock units vest in three equal annual installments beginning on February 22, 2025, with subsequent vesting dates on February 22, 2026, and February 22, 2027.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

  • The transaction has a minor impact on shareholders due to the change in ownership by an officer.
  • The tax withholding impacts the officer's net share gain.

Key Dates

DateDescription
02/22/2025First vesting date of restricted stock units.
02/24/2025Date of transaction: vesting of restricted stock units and tax withholding.
02/26/2025Date of signature for the Form 4 filing.
02/22/2026Second vesting date of restricted stock units.
02/22/2027Final vesting date of restricted stock units.

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