Bhagwakar Ranjana N 4

4 · ESAB Corp · Filed Jul 6, 2026

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Updated Jul 6, 2026

ESAB EVP Ranjana N. Bhagwakar Receives Equity Awards

What Happened

Ranjana N. Bhagwakar, Executive Vice President, Business Operations at ESAB Corporation (ESAB), was granted a total of 74,160 derivative awards on July 1, 2026: 9,048, 7,056 and 58,056-unit awards. Each award was reported at $0.00 because these are equity compensation grants (restricted stock units and stock options), not open-market purchases or sales.

Key Details

Transaction date: 2026-07-01; Form 4 filed: 2026-07-06 (filed after the transaction date).
Grant amounts: 9,048; 7,056; and 58,056 awards — total = 74,160 derivative awards.
Reported price per award: $0.00 (award/grant).
Shares owned after the transaction: not disclosed in this filing.
Relevant footnote summaries:
- F1/F2: Some awards are restricted stock units (RSUs); each RSU converts to one share upon vesting and RSUs vest in three equal annual installments.
- F3: Certain employee stock options (non-performance) vest in three equal annual installments.
- F4: The 58,056-share performance stock option vests in up to three tranches tied to multi-year performance targets (performance measured during years 2–6 after grant) and requires continued service through specified vesting/certification dates.
Timeliness: Filing appears late (transaction 7/1/2026, Form 4 filed 7/6/2026), which may attract regulatory attention but does not by itself imply trading intent or company performance.

Context

These awards are compensation grants — RSUs give the right to receive shares when vested; performance options only convert to shares if performance targets are achieved and service requirements are met. Grants to executives are common and reflect pay practices, not direct buy/sell signals.

Form 4

Period: 2026-07-01

EVP, Business Operations

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-07-01+9,048→ 9,048 total
From: 2027-07-01Exp: 2029-07-01→ Common stock, par value $0.001 (9,048 underlying)
Award
Employee Stock Options (right to buy)
[F3]
2026-07-01+7,056→ 7,056 total
Exercise: $93.69From: 2027-07-01Exp: 2029-07-01→ Common stock, par value $0.001 (7,056 underlying)
Award
Performance Stock Option (right to buy)
[F4]
2026-07-01+58,056→ 58,056 total
Exercise: $93.69Exp: 2033-06-30→ Common stock, par value $0.001 (58,056 underlying)

Footnotes (4)

[F1]Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation.
[F2]These restricted stock units vest in three equal, annual installments on the first, second and third anniversaries of the date of grant.
[F3]These employee stock options vest and become exercisable in three equal, annual installments on the first, second and third anniversaries of the date of grant.
[F4]The performance stock option to purchase up to 58,056 shares of ESAB common stock vests in three tranches based on ESAB's satisfaction of certain performance criteria during the four-year period commencing on the second anniversary of the grant date and ending on the sixth anniversary of the grant date, subject to the reporting person's continued service through the later of each of the fourth, fifth and sixth anniversaries of the grant date and the date on which ESAB's achievement of the applicable performance criteria has been certified.

Signature

/s/ Curtis E. Jewell, Attorney-in-Fact|2026-07-06

1 file