Jones R. Brent 4

What Happened
R. Brent Jones, Chief Financial Officer of ESAB Corp (ESAB), received a performance-based equity award on 2026-06-10 covering up to 145,138 shares. The award was granted at $0.00 exercise/cost at grant (reported as a derivative award), so no cash was paid by the insider at the time of grant. This is a grant (not a sale or a purchase of market shares).

Key Details

• Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (reporting appears timely).
• Award type: Performance stock option / award (derivative), 145,138 shares, $0.00 reported acquisition price.
• Vesting/conditions (footnote): Vests in three tranches based on ESAB meeting specified performance criteria during a four-year period that begins on the second anniversary of the grant date and ends on the sixth anniversary. Vesting also requires continued service through the later of each applicable anniversary and certification of achievement.
• Shares owned after transaction: Not specified in the provided filing details.
• No immediate sale/exercise or tax-withholding event reported.

Context
This is a conditional, performance-based equity grant — common compensation for senior executives. The grant itself does not transfer marketable shares to the insider today; any future ownership and value depend on meeting performance targets, continued service, and future stock price. For retail investors, such awards indicate long-term incentive alignment but do not represent an immediate insider purchase or sale.