Negro Renato 4

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.