Vinnakota Rajiv 4

What Happened

• Rajiv Vinnakota, a director of ESAB Corp (ESAB), received equity awards on May 8, 2026: 2,647 stock options that vested and became exercisable on the grant date and 813 restricted stock units (RSUs). Both awards are reported at $0.00 per share (standard for grants); total award count = 3,460 units. This was a grant/award (not an open-market purchase or sale).

Key Details

• Transaction date: May 8, 2026; reported on Form 4 filed May 12, 2026 (filing appears timely).
• Option grant: 2,647 derivative securities (stock options) vested and became exercisable on the grant date (see F1).
• RSU grant: 813 restricted stock units; each RSU equals a contingent right to one share (see F2); RSUs vest in a single installment on June 1, 2027 (see F3).
• Reported acquisition type: A (award/grant); price reported $0.00 per unit.
• Shares owned after the transaction are not specified in the summary provided.

Context

• These transactions are company equity awards to an insider: the options vested at grant (giving the holder the right to buy shares later), while the RSUs convert to shares only after vesting on June 1, 2027. Awards like these are routine compensation for executives and directors and do not by themselves indicate a buy or sell decision in the open market.