Teirlinck Didier P 4

What Happened

• Didier P. Teirlinck, a director of ESAB Corp (ESAB), was granted 134 deferred stock units (DSUs) on 2026-06-30. The grant is recorded as an award/acquisition (code A) at $0.00 per unit (no cash paid).
• These DSUs are a derivative award that represent the contingent right to receive one share of ESAB common stock per unit. They vested immediately but will be settled in actual ESAB shares after Mr. Teirlinck’s separation from the company. This is a routine director compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; Filing dated: 2026-07-02 (reporting period 6/30/2026). No late filing flag indicated.
• Transaction type/code: Award/Acquisition (A); derivative units granted: 134; acquisition price: $0.00; reported as derivative instruments (DSUs).
• Shares owned after transaction: not disclosed in the Form 4.
• Footnotes: F1 — each DSU equals a contingent right to one ESAB share; F2 — DSUs issued in lieu of the director’s cash retainer, vest immediately, and will be settled in common stock after separation.

Context

• Deferred stock units are common director compensation and do not necessarily indicate a buy/sell signal; they provide future share settlement and help align director pay with shareholder interests.
• Because the units vest immediately but convert to shares only upon separation, Mr. Teirlinck did not receive tradable shares on the grant date.