ESAB Corp·4

May 12, 4:47 PM ET

Teirlinck Didier P 4

Research Summary

AI-generated summary

Updated

ESAB (ESAB) Director Didier Teirlinck Receives 3,460-Unit Award

What Happened

  • Didier P. Teirlinck, a director of ESAB Corp (ESAB), received three awards on May 8, 2026 totaling 3,460 derivative units: 2,647 units, 407 units and 406 units. All were reported at $0.00 (awarded/issued), i.e., no cash changed hands. Footnotes indicate the package includes stock options that vested and became exercisable on the grant date, deferred stock units (DSUs), and restricted stock units (RSUs).

Key Details

  • Transaction date: May 8, 2026; Form 4 filed May 12, 2026.
  • Award amounts and reported prices: 2,647 @ $0.00; 407 @ $0.00; 406 @ $0.00 (total 3,460 units; total reported cash value $0).
  • Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
  • Relevant footnotes: (F1) stock options vested and became exercisable on grant date; (F2/F3) DSUs represent contingent rights to one share and vest June 1, 2027, to be settled in stock after the director’s separation; (F4/F5) RSUs represent contingent rights to one share and vest in a single installment on June 1, 2027.
  • Timeliness: transaction date and filing date are shown; timeliness status (e.g., late filing flag) was not specified in the provided data.

Context

  • These were grants/awards (derivative awards), not open-market purchases or sales. The largest component includes stock options that, per the filing, vested and became exercisable immediately — exercising them would be a separate taxable/filing event. DSUs and RSUs are contingent rights to receive shares at vesting or settlement and are commonly used for director compensation. As always, awards reflect compensation arrangements and should not be read as a direct buy/sell signal.