Negro Renato 4
4 · ESAB Corp · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
ESAB Corp (ESAB) Controller Renato Negro Exercises RSUs, Withholds Shares
What Happened
Renato Negro, Controller of ESAB Corporation, had 986 restricted stock units (RSUs convertable to common shares) vest on March 9, 2026. Of those, 337 shares were withheld by the company to satisfy tax withholding at $107.02 per share (total value withheld $36,066). The net result: approximately 649 shares were delivered to the reporting person.
Key Details
- Transaction date: March 9, 2026. Form filed March 11, 2026 (timely).
- Activity: Exercise/conversion of derivatives (RSUs) — 986 shares converted; 337 shares withheld for taxes (code F) at $107.02 = $36,066. An entry shows a $0 disposition tied to the conversion process (common for RSU vesting/net settlement).
- Shares owned after transaction: Not disclosed in the filing; net delivered to insider ≈ 649 shares (986 vested − 337 withheld).
- Footnotes: F1 = each RSU converts to one share; F2 = shares were withheld by ESAB to satisfy tax liability (no open‑market sale by the insider); F3 = these RSUs vested in the final installment (award vests in three equal annual installments; remaining units vested March 8, 2026).
Context
This was a compensation vesting event (RSUs converting to shares) with a net share settlement to cover taxes — a common, administrative insider transaction rather than an open‑market buy or sell. For retail investors, such vesting indicates routine executive compensation realization, not an independent market purchase or directional sale.
Insider Transaction Report
- Exercise/Conversion
Common stock, par value $0.001
[F1]2026-03-09+986→ 9,812 total - Tax Payment
Common stock, par value $0.001
[F2]2026-03-09$107.02/sh−337$36,066→ 9,475 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-09−986→ 0 totalFrom: 2024-03-08Exp: 2026-03-08→ Common stock, par value $0.001 (986 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]This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. All remaining restricted stock units from this award vested on March 8, 2026.