Whitehead Michael J 4

What Happened

• Michael J. Whitehead, EVP and President, Americas Weld at Lincoln Electric, was granted a total of 4,003 shares on 2026-02-18 (800 shares + 3,203 RSU-type derivative awards). On 2026-02-19, 82 shares were surrendered/withheld to cover tax liabilities at an implied per-share value of $288.12, totaling $23,626. Net result: an effective increase of 3,921 shares (4,003 granted minus 82 withheld).

Key Details

• Transaction dates: Grants on 2026-02-18; tax withholding/disposition on 2026-02-19. Form 4 filed 2026-02-20 (timely).
• Prices/values: Grants reported at $0.00 (standard for RSU awards); 82 shares withheld at $288.12 each = $23,626.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — awards are pursuant to a restricted stock unit (RSU) award. F2 — the awards are exercisable/vest in equal installments on the first, second and third anniversaries of the grant (3-year vesting schedule).
• Filing timeliness: Report filed two days after the grant date; no late filing indicated.

Context

• These were equity awards (RSUs), not open-market purchases or sales by the insider. The 82-share disposition reflects tax withholding commonly done when RSUs vest or are settled, not a voluntary market sale of additional shares.
• The 3,203-share item is a derivative/RSU award and will vest over three years per the filing, so the shares are not all immediately transferable. This type of transaction is routine compensation for executives and does not by itself indicate a buy/sell signal.