LINCOLN ELECTRIC HOLDINGS INC·4

Feb 20, 5:27 PM ET

Edwards Susan C 4

Research Summary

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Lincoln Electric (LECO) CHRO Susan C. Edwards Receives RSU Award

What Happened

  • Susan C. Edwards, EVP & Chief Human Resources Officer at Lincoln Electric (LECO), received equity awards on Feb 18, 2026: 598 shares (non-derivative) and 2,394 derivative shares (restricted stock units) at $0.00 per share.
  • On Feb 19, 2026, 93 shares were surrendered/disposed to satisfy tax withholding at $288.12 per share, totaling $26,795. This disposal was to cover tax liability (routine withholding), not an open-market sale.

Key Details

  • Transaction dates and prices:
    • 2026-02-18: Grant/acquisition of 598 shares @ $0.00.
    • 2026-02-18: Grant/acquisition of 2,394 derivative shares (RSUs) @ $0.00.
    • 2026-02-19: Payment of tax liability: 93 shares withheld @ $288.12, proceeds $26,795.
  • Shares owned after transaction: not reported in the excerpt of the filing.
  • Footnotes:
    • F1: Awards are pursuant to a restricted stock unit (RSU) award.
    • F2: Awards/derivative units vest/exercise in equal installments on the first, second and third anniversaries of the grant date.
  • Filing timeliness: Report filed 2026-02-20 for transactions on 2026-02-18–19; appears timely (Form 4 is normally due within two business days).

Context

  • The award is compensation (RSUs); the 93-share disposition is a tax-withholding action (code F), a routine administrative step and not an open-market sale.
  • RSU grants and related withholding are common for executives and do not by themselves indicate an investment view.