Jordan Rhonda L 4

What Happened Rhonda L. Jordan, a director of ESAB Corp (ESAB), was granted awards on 2026-05-08 totaling 3,460 derivative units: 2,647 stock options that vested and became exercisable on the grant date, and 813 deferred stock units (DSUs). Both grants were reported at an acquisition price of $0.00 (awards), so there was no cash purchase; the awards have potential future value tied to ESAB common stock price if/when converted or exercised.

Key Details

• Transaction date: May 8, 2026; Form 4 filed May 12, 2026 (timely filing).
• Grants: 2,647 stock options (vested and exercisable on grant date); 813 deferred stock units — total = 3,460 derivative units.
• Reported price: $0.00 for each grant (award/grant, not an open-market purchase).
• Shares owned after transaction: not disclosed in the filing.
• Footnotes from the filing:
  • F1: The 2,647 stock options vested and became exercisable on the grant date.
  • F2: Each deferred stock unit represents a contingent right to receive one share of ESAB common stock.
  • F3: The 813 DSUs vest in a single installment on June 1, 2027 and will be settled in ESAB common stock after the director’s separation from the company.

Context

• The 2,647 options are now exercisable but were not reported as exercised or sold — they are a derivative award, not an immediate purchase or sale.
• The 813 DSUs are deferred compensation: they do not convert to shares until vesting and are payable in stock only after separation, so they represent a future contingent payout rather than current ownership.
• Awards at $0.00 are routine compensation for directors and should be viewed as grants of potential future value rather than an immediate market purchase.