Olivier Biebuyck - 12 May 2025 Form 4 Insider Report for ESAB Corp (ESAB)

Role
President, Fab Tech
Signature
/s/ Curtis E. Jewell, Attorney-in-Fact
Issuer symbol
ESAB
Transactions as of
12 May 2025
Net transactions value
-$1,163,020
Form type
4
Filing time
14 May 2025, 16:32:38 UTC
Previous filing
12 Mar 2025
Next filing
01 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Biebuyck Olivier President, Fab Tech 909 ROSE AVE, 8TH FLOOR, NORTH BETHESDA /s/ Curtis E. Jewell, Attorney-in-Fact 14 May 2025 0001910578

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESAB Common stock, par value $0.001 Options Exercise +969 +11% 9,845 12 May 2025 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability $62,529 -486 -4.9% $128.66 9,359 12 May 2025 Direct F2
transaction ESAB Common stock, par value $0.001 Options Exercise +2,361 +25% 11,720 12 May 2025 Direct F1
transaction ESAB Common stock, par value $0.001 Tax liability $152,205 -1,183 -10% $128.66 10,537 12 May 2025 Direct F2
transaction ESAB Common stock, par value $0.001 Award +8,922 +85% 19,459 12 May 2025 Direct F3
transaction ESAB Common stock, par value $0.001 Tax liability $575,110 -4,470 -23% $128.66 14,989 12 May 2025 Direct F4
transaction ESAB Common stock, par value $0.001 Options Exercise $207,146 +4,413 +29% $46.94 19,402 12 May 2025 Direct
transaction ESAB Common stock, par value $0.001 Tax liability $394,483 -2,996 -15% $131.67 16,406 12 May 2025 Direct F5
transaction ESAB Common stock, par value $0.001 Sale $185,840 -1,417 -8.6% $131.15 14,989 12 May 2025 Direct F6

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ESAB Restricted Stock Units Options Exercise $0 -969 -100% $0.000000 0 12 May 2025 Common stock, par value $0.001 969 Direct F1, F7
transaction ESAB Restricted Stock Units Options Exercise $0 -2,361 -33% $0.000000 4,724 12 May 2025 Common stock, par value $0.001 2,361 Direct F1, F8
transaction ESAB Employee Stock Option (right to buy) Options Exercise $0 -4,413 -50% $0.000000 4,413 12 May 2025 Common stock, par value $0.001 4,413 $46.94 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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 Each restricted stock unit represents a contingent right to receive one share of common stock of ESAB Corporation.
F2 Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
F3 Represents shares vested pursuant to performance-based restricted stock units granted on May 12, 2022, which vesting was subject to the certification of certain performance criteria. The award vested on May 12, 2025.
F4 Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the reporting person's tax liability based upon the vesting of performance-based restricted stock units. No shares were sold by the reporting person to satisfy this tax liability.
F5 Represents shares withheld by ESAB Corporation in connection with net share settlement to satisfy the tax liability and exercise price associated with the reporting person's exercise of employee stock options. No shares were sold by the reporting person to satisfy the exercise price or this tax liability.
F6 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person.
F7 This award represents restricted stock units that vest in three equal annual installments beginning on the first anniversary of the grant date. All remaining restricted stock units from this award vested on May 12, 2025.
F8 This award represents restricted stock units that vest in three equal annual installments beginning on the third anniversary of the grant date. The remaining restricted stock units from this award will vest in two equal tranches on May 12, 2026 and May 12, 2027.
F9 This award represents options that vested in three equal annual installments beginning on the first anniversary of the grant date. 7,334 options were fully vested and exercisable as of the date of ESAB Corporation's separation from Colfax Corporation. All remaining options became fully vested and exercisable on February 24, 2023.