ESAB Corp·4

Mar 11, 4:29 PM ET

Jewell Curtis E 4

4 · ESAB Corp · Filed Mar 11, 2026

Research Summary

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ESAB (ESAB) SVP Jewell Curtis Exercises Options, Receives RSU Award

What Happened

  • Jewell Curtis, SVP and General Counsel of ESAB Corporation, had equity awards vest and exercised/converted derivatives reported on March 9, 2026. The filing shows acquisition of 3,592 shares from the vesting of performance-based restricted stock units and the exercise/conversion of 951 derivative shares.
  • To satisfy tax withholding obligations, ESAB withheld 449 shares (valued at $48,052) and 1,694 shares (valued at $181,292) — a total of 2,143 shares and $229,344. No shares were sold on the open market by the reporting person.

Key Details

  • Transaction date(s): reported for period March 9, 2026 (footnotes state certain awards vested March 8, 2026).
  • Withholding price used: $107.02 per share for tax withholding calculations.
  • Shares acquired: 3,592 RSUs vested (performance-based) + 951 shares from exercise/conversion of derivative instruments (total acquired reported: 4,543 shares).
  • Shares withheld/disposed: 449 and 1,694 shares withheld to cover tax liabilities (net share settlement); filing also lists 951 derivative shares with $0 cash proceeds consistent with conversion/settlement mechanics.
  • Footnotes of note:
    • F1/F3/F5: RSUs represent rights to receive common stock; the 3,592 RSUs were performance-based (granted Mar 8, 2023; vested Mar 8, 2026); other RSUs vested as remaining installments.
    • F2/F4: Withheld shares were used to satisfy tax liabilities via net share settlement — the insider did not sell shares on the open market.
  • Shares owned after the transactions: Not specified in the provided filing excerpt.
  • Filing date: March 11, 2026 (reported transactions occurred March 9 / vesting noted March 8); filing appears timely (Form 4 is generally due within 2 business days).

Context

  • This was primarily an award vesting and derivative conversion event, not an open-market sale. The withholding of shares to cover taxes is a routine administrative step and does not represent a market sale by the insider.
  • For retail investors, purchases or acquisitions (including vesting) show equity granted/retained; here Curtis received shares via vesting and exercise while a portion was net-settled for taxes.

Insider Transaction Report

Form 4
Period: 2026-03-09
Jewell Curtis E
SVP, General Counsel
Transactions
  • Exercise/Conversion

    Common stock, par value $0.001

    [F1]
    2026-03-09+95117,262 total
  • Tax Payment

    Common stock, par value $0.001

    [F2]
    2026-03-09$107.02/sh449$48,05216,813 total
  • Award

    Common stock, par value $0.001

    [F3]
    2026-03-09+3,59220,405 total
  • Tax Payment

    Common stock, par value $0.001

    [F4]
    2026-03-09$107.02/sh1,694$181,29218,711 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F5]
    2026-03-099510 total
    From: 2024-03-08Exp: 2026-03-08Common stock, par value $0.001 (951 underlying)
Holdings
  • Common stock, par value $0.001

    (indirect: By 401(k))
    355.835
Footnotes (5)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation.
  • [F2]Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
  • [F3]Represents shares vested pursuant to performance-based restricted stock units granted on March 8, 2023, which vesting was subject to the certification of certain performance criteria. The award vested on March 8, 2026.
  • [F4]Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of performance-based restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
  • [F5]This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. All remaining restricted stock units from this award vested on March 8, 2026.
Signature
/s/ Curtis E. Jewell|2026-03-11

Documents

1 file
  • 4
    wk-form4_1773260973.xmlPrimary

    FORM 4