Negro Renato 4
4 · ESAB Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
ESAB Controller Renato Negro Receives 509 Shares; 192 Withheld for Taxes
What Happened
Renato Negro, Controller of ESAB Corporation, had 509 restricted stock units (RSUs) convert to common shares on 2026-03-02. Of those 509 shares, ESAB withheld 192 shares to satisfy the reporting person's tax liability at $121.64 per share, totaling $23,355. No open-market sale occurred; the withholding was a net-share settlement, leaving the reporting person with 317 shares delivered to them.
Key Details
- Transaction date: 2026-03-02 (reported on Form 4 filed 2026-03-03 — timely filing).
- Conversion/exercise: 509 RSUs converted to 509 shares (derivative code M). The filing shows a $0.00 per-share cash value for the derivative conversion entry.
- Tax withholding: 192 shares were withheld to cover taxes at $121.64/share, amount $23,355 (code F). Footnote clarifies no shares were sold by the reporting person to satisfy the tax liability.
- Vesting terms: These are RSUs that vest in three equal annual installments (footnote). This appears to be one installment vesting.
- Shares owned after transaction: Not disclosed in the provided filing details.
Context
- This was not a market purchase or sale but a routine issuance from the vesting of RSUs with net-share settlement for taxes. Such withholdings are common and do not indicate an open-market sale or a directional bet by the insider.
- For derivative entries: the M code indicates exercise/conversion of a derivative (here, RSUs converting to shares); the F code indicates shares withheld for tax liability.
Insider Transaction Report
Form 4
ESAB CorpESAB
Negro Renato
Controller, PAO
Transactions
- Exercise/Conversion
Common stock, par value $0.001
[F1]2026-03-02+509→ 9,018 total - Tax Payment
Common stock, par value $0.001
[F2]2026-03-02$121.64/sh−192$23,355→ 8,826 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-02−509→ 1,020 totalFrom: 2026-03-01Exp: 2028-03-01→ Common stock, par value $0.001 (509 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation.
- [F2]Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
- [F3]These restricted stock units vest in three equal, annual installments on the first day of the month following each of the first, second and third anniversaries of the date of grant.
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact|2026-03-03