Teirlinck Didier P 4

What Happened

• Didier P. Teirlinck, a director of ESAB Corp (ESAB), exercised stock options on March 9, 2026 to acquire 3,367 shares at an exercise price of $33.02 per share, for a total cash outlay of $111,178. The same filing reports a simultaneous disposition of 3,367 shares at $0.00 (derivative), which indicates those shares were surrendered rather than sold on the open market.

Key Details

• Transaction date: 2026-03-09; filing date: 2026-03-11 (appears timely).
• Exercise: 3,367 shares acquired at $33.02 each — total $111,178 (transaction code M).
• Disposition: 3,367 shares reported disposed at $0.00 (derivative entry), same quantity as the exercise.
• Shares owned after transaction: not specified in the Form 4 filing.
• Footnotes/notable items: filing does not state an explicit 10b5-1 plan or tax withholding method.

Context

• The paired exercise and $0.00 disposition commonly reflects a cashless or “sell-to-cover” style settlement (shares withheld or surrendered to cover the exercise price or tax withholding), rather than an open-market sale that would generate cash proceeds. The filing itself does not spell out the exact mechanism. Such option exercises are often routine for executives and directors and do not by themselves indicate a change in sentiment.