Jewell Curtis E 4

What Happened
Jewell Curtis E, Senior Vice President and General Counsel of ESAB Corp (ESAB), exercised 3,960 employee stock options on 2026-01-26. The exercise required payment of $33.49 per share (total exercise cost reported as $132,620). To satisfy tax and exercise obligations, ESAB withheld 2,512 of the newly issued shares (valued at $120.47 each, $302,633 total) in a net share settlement; the reporting person did not sell shares on the open market. After withholding, Curtis received a net 1,448 shares (3,960 exercised − 2,512 withheld).

Key Details

• Transaction date: 2026-01-26 (filed 2026-01-28 — within the typical 2-business-day window).
• Option exercise: 3,960 shares exercised at $33.49/share; total exercise cost $132,620. (Transaction code M)
• Tax/exercise withholding: 2,512 shares withheld at $120.47/share; withholding value $302,633. (Transaction code F)
• Additional derivative line: 3,960 reported as converted/changed (listed with $0.00 value) — reflects the option-to-stock conversion reporting.
• Footnote: F1 states ESAB withheld shares via net share settlement to cover the exercise price and tax liability; no open-market sale by the reporting person.
• Shares owned after transaction: not specified in the supplied filing details.

Context
This was an option exercise with net-share settlement (some exercised shares withheld to cover taxes/exercise costs), not an open-market purchase or sale by the insider. Transaction code M = option exercise; F = tax withholding. Such net-settlement exercises are common administrative transactions and do not necessarily indicate a buying or selling decision in the market.