ESAB Corp: director Martin Sebastien exercised 198 shares

What happened Martin Sebastien, director, exercised or converted a derivative security that resulted in the acquisition of 198 shares and the disposition of 198 shares. The disposition is reported at $0.00 for total proceeds of $0. The acquisition price for the shares is listed as N/A in the filing. Footnotes F1 and F2 describe these awards as restricted stock units that convert to one share each and vest in three equal, annual installments beginning on Oct 1, 2026.

Key details

• Transaction date: Oct 1, 2026.
• Acquired: 198 shares @ N/A (exercise/conversion, code M).
• Disposed: 198 shares @ $0.00 for $0.00 (derivative conversion, code M).
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 each restricted stock unit represents a contingent right to receive one share; F2 these restricted stock units vest in three equal, annual installments beginning on Oct 1, 2026.
• Filing date: Oct 2, 2026; the filing does not indicate it was late.

Why it may matter

• The Form 4 reports an exercise or conversion of a derivative security and a reported disposition of the resulting shares for $0.00.
• A filing does not show why the insider traded or why the company acted.