Vinnakota Rajiv 4

What Happened
Rajiv Vinnakota, a director of ESAB Corporation (ESAB), had 637 restricted stock units (RSUs) convert into 637 shares on June 1, 2026 (reported under derivative transaction code M). The Form 4 shows an acquisition via conversion of 637 shares and a simultaneous disposition of 637 shares at $0.00. No cash value is reported for the disposition in the filing.

Key Details

• Transaction date: June 1, 2026; Form 4 filed June 2, 2026 (timely filing).
• Transaction code: M (exercise or conversion of a derivative instrument).
• Shares involved: 637 RSUs converted to 637 common shares; a disposition of 637 shares reported at $0.00.
• Footnotes: F1 — each RSU equals one share; F2 — these RSUs vested in a single installment on June 1, 2026.
• Shares owned after the transaction: not disclosed in the provided extract.
• No 10b5-1 plan, tax-withholding detail, or sale-for-cash reported explicitly in the extract.

Context
This filing reflects the vesting/conversion of RSUs rather than an open-market purchase or sale. The reported $0.00 disposition often appears when shares are withheld or canceled to satisfy tax withholding or similar administrative actions, but the Form 4 excerpt does not specify the reason. Vesting events are routine compensation actions and do not necessarily indicate the director’s market view.