Kambeyanda Shyam 4

What Happened

• Kambeyanda Shyam, President, Chief Executive Officer and a director of ESAB Corp (ESAB), was granted a performance-based derivative award on June 10, 2026 that covers the right to acquire up to 580,552 shares of ESAB common stock. The reported acquisition price is $0.00, and the transaction is coded as an award/grant (A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (appears timely).
• Security: derivative award to acquire up to 580,552 shares; reported price $0.00.
• Shares owned after transaction: not specified in this filing.
• Transaction code: A (award/grant); filing shows this is a performance-based grant (see footnote).
• Footnote summary: the award vests in three tranches based on ESAB meeting certain performance criteria during a four-year period that begins on the second anniversary of the grant and ends on the sixth anniversary; vesting also requires Shyam’s continued service through the later of each relevant anniversary and certification of performance.

Context

• This is a compensation award, not an immediate purchase of stock; Shyam does not receive vested shares now and will only acquire shares if performance goals are met and service conditions satisfied in future years. Such awards are common for executives and do not reflect an immediate cash transaction or sale.