STOCK TITAN

ESAB (ESAB) director takes 123 deferred stock units instead of cash retainer

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Teirlinck Didier P reported acquisition or exercise transactions in this Form 4 filing.

ESAB Corp director Didier P. Teirlinck received a grant of 123 deferred stock units as Board compensation. Each deferred stock unit represents a contingent right to receive one share of ESAB common stock. The units were issued in lieu of his cash retainer, vest immediately, and will be settled in ESAB common stock after his separation from the company.

Positive

  • None.

Negative

  • None.
Insider Teirlinck Didier P
Role Director
Type Security Shares Price Value
Grant/Award Deferred Stock Units 123 $0.00 --
Holdings After Transaction: Deferred Stock Units — 123 shares (Direct)
Footnotes (1)
  1. Each deferred stock unit represents a contingent right to receive one share of ESAB common stock. These deferred stock units were issued in lieu of the director's cash retainer for Board service and vest immediately. The units will be settled in ESAB common stock after the director's separation from the Company.
Deferred stock units granted 123 units Director Board compensation grant
Transaction price per unit $0.0000 Compensation grant, non-cash
Deferred stock units after transaction 123 units Holdings of this award following grant
Underlying common stock equivalence 123 shares Each deferred unit equals one ESAB common share
Deferred Stock Units financial
"The Form 4 reports a grant of Deferred Stock Units to the director."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
contingent right financial
"Each deferred stock unit represents a contingent right to receive one share of ESAB common stock."
cash retainer financial
"These deferred stock units were issued in lieu of the director's cash retainer for Board service."
vest immediately financial
"These deferred stock units were issued in lieu of the director's cash retainer for Board service and vest immediately."
settled in ESAB common stock financial
"The units will be settled in ESAB common stock after the director's separation from the Company."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Teirlinck Didier P

(Last)(First)(Middle)
909 ROSE AVE, 8TH FLOOR

(Street)
NORTH BETHESDA MARYLAND 20852

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ESAB Corp [ ESAB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Stock Units(1)03/31/2026A123 (2) (2)Common stock, par value $0.001123$0123D
Explanation of Responses:
1. Each deferred stock unit represents a contingent right to receive one share of ESAB common stock.
2. These deferred stock units were issued in lieu of the director's cash retainer for Board service and vest immediately. The units will be settled in ESAB common stock after the director's separation from the Company.
Remarks:
/s/ Curtis E. Jewell, Attorney-in-Fact04/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did ESAB (ESAB) report for Didier P. Teirlinck?

ESAB reported that director Didier P. Teirlinck received 123 deferred stock units as compensation. These units were granted in lieu of his cash retainer for Board service and give him a future right to receive ESAB common shares after leaving the company.

How many ESAB (ESAB) deferred stock units were granted in this Form 4?

The Form 4 shows a grant of 123 deferred stock units to director Didier P. Teirlinck. Each unit corresponds to one share of ESAB common stock, providing equity-based compensation instead of a cash retainer for his Board role.

Were the ESAB (ESAB) deferred stock units granted to the director immediately vested?

Yes, the deferred stock units granted to the director vest immediately. Although vesting occurs at once, the units are only settled in ESAB common stock after the director’s separation from the company, aligning compensation with long-term service.

How will the ESAB (ESAB) deferred stock units be settled for the director?

The deferred stock units will be settled in ESAB common stock after the director’s separation from the company. Each unit represents a contingent right to receive one ESAB common share, turning board fees into future equity rather than current cash.

Was there any cash paid in this ESAB (ESAB) Form 4 transaction?

No cash was paid in this transaction. The deferred stock units were issued in lieu of the director’s cash retainer for Board service, with a reported transaction price per unit of $0.0000, reflecting compensation rather than a market purchase or sale.

What does a deferred stock unit mean for ESAB (ESAB) directors?

A deferred stock unit gives a director a contingent right to receive one share of ESAB common stock later. In this case, the units vest immediately but will be converted into ESAB shares only after the director leaves the company, deferring actual share delivery.