ESAB Corp·4

Mar 2, 4:29 PM ET

Johnson Kevin J 4

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ESAB CFO Kevin J. Johnson Receives Equity Awards

What Happened
Kevin J. Johnson, Chief Financial Officer of ESAB Corporation (ESAB), received equity awards reported on a Form 4 for transactions dated February 26, 2026. The filing shows two awards classified as derivative acquisitions: 3,276 restricted stock units (RSUs) and 11,383 additional derivative awards, both reported at an acquisition price of $0.00 (i.e., awards granted, not purchased). The filing reports zero cash purchase price; the Form 4 does not state a market value or cash exchanged.

Key Details

  • Transaction date: 2026-02-26; Form 4 filed 2026-03-02.
  • Grants: 3,276 RSUs and 11,383 derivative-share awards; acquisition price reported as $0.00.
  • Shares owned after transaction: not disclosed in the provided filing summary.
  • Footnotes: F1 = each RSU is a contingent right to one share; F2 = RSUs vest in three equal annual installments on the first day of the month following each of the 1st, 2nd and 3rd anniversaries of grant; F3 = stock options (where applicable) vest in three equal annual installments on the same schedule.
  • No 10b5-1 plan, tax-withholding, or late-filing flag was indicated in the provided details.

Context
These awards are compensation-related grants, not open-market purchases or sales. RSUs represent a contingent right to receive common shares upon vesting, and the other derivative award(s) appear to follow a standard multi-year vesting schedule; neither type conveys immediate transferable shares. Such grants are common for executive compensation and do not by themselves indicate an intent to buy or sell stock.