Christopher M. Hix - Mar 1, 2024 Form 4 Insider Report for ESAB Corp (ESAB)

Role
Director
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Stock symbol
ESAB
Transactions as of
Mar 1, 2024
Transactions value $
-$1,479,426
Form type
4
Date filed
3/5/2024, 06:07 PM
Previous filing
Feb 26, 2024
Next filing
Apr 1, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ESAB Common stock, par value $0.001 -Sell -$738,264 -7,464 -15.3% $98.91 41,328 Mar 1, 2024 Direct F1
transaction ESAB Common stock, par value $0.001 -Sell -$72,161 -730 -1.77% $98.85 40,598 Mar 4, 2024 Direct F2, F3
transaction ESAB Common stock, par value $0.001 -Sell -$87,501 -878 -2.16% $99.66 39,720 Mar 4, 2024 Direct F2, F4
transaction ESAB Common stock, par value $0.001 -Sell -$51,522 -520 -1.31% $99.08 39,200 Mar 4, 2024 Direct F2, F5
transaction ESAB Common stock, par value $0.001 -Sell -$31,643 -317 -0.81% $99.82 38,883 Mar 4, 2024 Direct F2, F6
transaction ESAB Common stock, par value $0.001 -Sell -$229,977 -2,327 -5.98% $98.83 36,556 Mar 4, 2024 Direct F2, F7
transaction ESAB Common stock, par value $0.001 -Sell -$268,357 -2,693 -7.37% $99.65 33,863 Mar 4, 2024 Direct F2, F8

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The price reported in this row of Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.50-$99.26, inclusive. The reporting person undertakes to provide to ESAB Corporation ("ESAB"), any security holder of ESAB, or the staff of the Securities and Exchange Commission ("SEC"), upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in footnote (1) to this Form 4.
F2 The footnoted sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person to meet tax obligations relating to the vesting and delivery of certain restricted stock units.
F3 The price reported in this row of Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.41-$99.31, inclusive. The reporting person undertakes to provide to ESAB, any security holder of ESAB, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in footnote (3) to this Form 4.
F4 The price reported in this row of Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.42-$99.86, inclusive. The reporting person undertakes to provide to ESAB, any security holder of ESAB, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in footnote (4) to this Form 4.
F5 The price reported in this row of Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.56-$99.48, inclusive. The reporting person undertakes to provide to ESAB, any security holder of ESAB, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in footnote (5) to this Form 4.
F6 The price reported in this row of Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.68-$99.93, inclusive. The reporting person undertakes to provide to ESAB, any security holder of ESAB, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in footnote (6) to this Form 4.
F7 The price reported in this row of Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $98.28-$99.24, inclusive. The reporting person undertakes to provide to ESAB, any security holder of ESAB, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in footnote (7) to this Form 4.
F8 The price reported in this row of Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.33-$99.93, inclusive. The reporting person undertakes to provide to ESAB, any security holder of ESAB, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price with the ranges set forth in footnote (8) to this Form 4.