Biebuyck Olivier 4

What Happened

• Olivier Biebuyck, President, Fab Tech at ESAB Corporation (ESAB), had restricted stock units convert into 1,232 shares on Feb 2, 2026. As part of the net share settlement to cover tax liabilities, 627 shares were withheld at an implied price of $114.62, valued at $71,867. The filing shows the RSU conversion and the tax-withholding disposition; no open-market sale by the reporting person occurred.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (filed two days after the transaction, appearing timely).
• RSU conversion: 1,232 shares (reported as derivative conversion, code M).
• Tax withholding: 627 shares withheld to cover tax liability (code F) at $114.62 per share = $71,867.
• Additional Form 4 line shows 1,232 shares disposed @ $0 under the derivative code—consistent with RSU conversion/net settlement mechanics.
• Shares owned after the transaction: not provided in the supplied excerpt.
• Footnotes: F1—each RSU equals one share; F2—shares were withheld by ESAB to satisfy tax liability and were not sold by the reporting person; F3—these RSUs vested in three equal annual installments and all from this award have vested.

Context

• This was not an open-market sale or a purchase; it reflects vesting/conversion of restricted stock units and a net share settlement to satisfy taxes (a routine administrative event). Such tax-withholding dispositions are common and do not, by themselves, indicate a change in insider sentiment.