Campion Michele 4

What Happened

• Michele Campion, Chief Human Resources Officer at ESAB Corporation, received a grant/vesting of 3,618 restricted stock units (RSUs) on March 9, 2026. To cover tax withholding tied to the vesting, ESAB withheld a total of 1,796 shares (net share settlement) valued at $107.02 per share, totaling about $192,208 ($35,103 for 328 shares and $157,105 for 1,468 shares). The filing also records conversion/exercise of 958 derivative units (reported as exercised/converted) with no cash proceeds reported.

Key Details

• Transaction date: March 9, 2026; Form filed March 11, 2026 (appears timely).
• Award: 3,618 shares reported as a grant/vesting (RSUs).
• Tax withholding: 1,796 shares withheld by the company (net settlement) at $107.02/share; combined withholding value ≈ $192,208.
• Derivative activity: Two entries for 958-share exercises/conversions (one reported as acquired, one reported with $0 proceeds).
• Footnotes: RSUs represent contingent rights to one share each (F1). Vesting includes performance-based RSUs granted Mar 8, 2023 that vested Mar 8, 2026 (F3) and time-based RSUs that completed vesting Mar 8, 2026 (F5). Company withheld shares via net settlement to satisfy tax liabilities; no open-market sale by the insider to cover taxes (F2, F4).
• Shares owned after transaction: Not specified in the provided filing excerpt.

Context

• This is primarily an award/vesting event (not an open-market purchase or voluntary sale). Net share settlement to cover taxes is routine for RSU vesting and does not indicate a public-market sale by the insider.
• The derivative entries reflect conversion/exercise activity (common when RSUs or options vest/convert); no cash proceeds were reported, consistent with internal settlement/administrative processing.