Biebuyck Olivier 4

4 · ESAB Corp · Filed May 13, 2026

AI-generated summary of this filing

Updated May 13, 2026

ESAB President Olivier Biebuyck Converts RSUs, Nets 1,178 Shares

What Happened

Olivier Biebuyck, President, Fab Tech at ESAB Corporation (ESAB), had 2,362 restricted stock units (RSUs) convert into common shares on May 12, 2026. ESAB withheld 1,184 shares to cover the tax liability at $94.20/share (value $111,533), leaving a net issuance of 1,178 shares to Biebuyck. The conversion is a grant vesting event (not an open-market purchase or sale).

Key Details

Transaction date: May 12, 2026; Form 4 filed May 13, 2026 (timely).
Conversion: 2,362 RSUs converted into shares (code M — exercise/conversion of derivative).
Tax withholding: 1,184 shares withheld to satisfy tax liability (code F) at $94.20/share for $111,533.
Net shares received: 1,178 shares (2,362 converted minus 1,184 withheld). Approximate value of net shares at $94.20 ≈ $110,980.
Shares owned after transaction: not specified in the provided filing excerpt.
Footnotes: F1–Each RSU equals a contingent right to one common share. F2–Withholding was by ESAB via net share settlement; no open-market sale by the reporting person. F3–These RSUs vest in three equal annual installments starting on the third anniversary of the grant date; remaining units vest on May 12, 2027.

Context

This was a vesting/settlement of RSUs (derivative conversion), not a purchase or open-market sale. The withholding of shares to cover taxes is a common cashless/net-settlement practice and does not indicate a market sale by the insider.

Form 4

Period: 2026-05-12

President, Fab Tech

Transactions

Exercise/Conversion
Common stock, par value $0.001
[F1]
2026-05-12+2,362→ 21,740 total
Tax Payment
Common stock, par value $0.001
[F2]
2026-05-12$94.20/sh−1,184$111,533→ 20,556 total
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-05-12−2,362→ 2,362 total
From: 2025-05-12Exp: 2027-05-12→ Common stock, par value $0.001 (2,362 underlying)

Footnotes (3)

[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]This award represents restricted stock units that vest in three equal annual installments beginning on the third anniversary of the grant date. All remaining restricted stock units from this award will vest on May 12, 2027.

Signature

/s/ Curtis E. Jewell, Attorney-in-Fact|2026-05-13

1 file