Campion Michele 4

What Happened Michele Campion, Chief Human Resources Officer of ESAB Corp (ESAB), received a grant of a performance stock option covering up to 52,250 shares on 2026-06-10. The award was reported as a derivative acquisition at $0.00 per share (no cash was paid). This was a grant/award (not a market purchase or sale).

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (appears timely within the standard two-business-day window).
• Transaction type/code: Award/Grant (A); derivative instrument (performance stock option).
• Shares/units: Option to purchase up to 52,250 shares; reported price $0.00 (grant).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote summary: The option vests in three tranches based on ESAB meeting certain performance criteria measured during a four-year period that begins on the second anniversary of the grant and ends on the sixth anniversary. Vesting also requires the reporting person's continued service through the later of each applicable anniversary and the date the performance achievement is certified.

Context This is a typical executive compensation grant, not an immediate purchase or sale of shares. The award only converts to shares if performance targets are met and service/ certification conditions are satisfied; there is no immediate cash proceeds or change in share ownership until vesting/exercise occurs. Such grants are common and do not by themselves indicate an insider buying or selling shares in the market.