Bruno Gabriel 4
Research Summary
AI-generated summary
Lincoln Electric (LECO) CFO Bruno Gabriel Withholds 600 Shares
What Happened
- Bruno Gabriel, EVP, CFO & Treasurer of Lincoln Electric Holdings (LECO), disposed of 600 shares on Feb 13, 2026 to satisfy tax or exercise-related obligations. The shares were recorded at $293.68 each for a total value of $176,208. This was a tax-withholding/disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-02-13, 600 shares at $293.68 each (total $176,208).
- Transaction type: Code F — payment of exercise price or tax liability (shares withheld/surrendered to cover taxes).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Total includes 277 shares held jointly with the reporting person’s spouse (F1).
- Filing timing: Form filed 2026-02-18 (five calendar days after the transaction); this appears later than the SEC’s typical 2-business-day Form 4 reporting requirement.
Context
- Tax-withholding disposals (code F) are routine when options vest or restricted stock units settle; they reflect tax obligations being met rather than a directional market sale by the insider. They generally carry less informational weight about the insider’s view of the company compared with open-market purchases or sales.