Kambeyanda Shyam 4
4 · ESAB Corp · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
ESAB CEO Kambeyanda Shyam Exercises RSUs, Withholds 1,872 Shares
What Happened Kambeyanda Shyam, President & CEO and a director of ESAB Corp (ESAB), had 3,808 restricted stock units (RSUs convertable to common shares) vest/convert on 2026-03-02. ESAB issued 3,808 shares on conversion; the company withheld 1,872 shares to cover tax withholding valued at $121.64 per share (total $227,710). After withholding, Shyam received a net 1,936 shares. No open-market sale by the reporting person occurred — the 1,872-share disposition was a tax-withholding transaction.
Key Details
- Transaction date: 2026-03-02; Form filed 2026-03-03 (next day).
- Conversion/exercise: 3,808 RSUs converted into 3,808 shares (derivative conversion).
- Tax withholding: 1,872 shares withheld at $121.64/share = $227,710 (shares surrendered to ESAB to satisfy tax liability).
- Net shares delivered to insider: 1,936 shares (3,808 − 1,872).
- Footnotes: F1 = each RSU equals one share on vesting; F2 = shares withheld by ESAB for tax settlement (no open-market sale by insider); F3 = these RSUs vest in three equal annual installments on the first day of the month following each anniversary of grant.
- Shares owned after transaction: not specified in the provided Form 4 excerpt.
- Filing timeliness: filed next day (appears timely under Form 4 rules).
Context This was a routine RSU vest/conversion with a net-share settlement to cover taxes, not an open-market sale or purchase. For retail investors, such filings reflect compensation-related share issuance and tax mechanics rather than a direct bullish or bearish trading signal by the insider.
Insider Transaction Report
- Exercise/Conversion
Common stock, par value $0.001
[F1]2026-03-02+3,808→ 106,047 total - Tax Payment
Common stock, par value $0.001
[F2]2026-03-02$121.64/sh−1,872$227,710→ 104,175 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-03-02−3,808→ 7,617 totalFrom: 2026-03-01Exp: 2028-03-01→ Common stock, par value $0.001 (3,808 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.