STOCK TITAN

ESAB Corp (ESAB) director takes 246 deferred stock units as pay

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

Rhea-AI Filing Summary

ALLENDER PATRICK W reported acquisition or exercise transactions in this Form 4 filing.

ESAB Corp director Patrick W. Allender received 246 deferred stock units as board compensation. Each unit represents a contingent right to 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 he leaves the company.

Positive

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Negative

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Insider ALLENDER PATRICK W
Role Director
Type Security Shares Price Value
Grant/Award Deferred Stock Units 246 $0.00 --
Holdings After Transaction: Deferred Stock Units — 246 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 246 units Grant to director Patrick W. Allender
Underlying common shares 246 shares Each unit equals one ESAB common share
Total units after transaction 246 units Holdings following the grant
Transaction price per unit $0.0000 Grant price for deferred stock units
Deferred Stock Units financial
"security_title: Deferred Stock Units"
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.
cash retainer financial
"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"
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*
ALLENDER PATRICK W

(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)03/31/2026A246 (2) (2)Common stock, par value $0.001246$0246D
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 in this Form 4?

ESAB reported that director Patrick W. Allender received 246 deferred stock units as compensation. These units were granted instead of a cash retainer for board service, vest immediately, and will convert into ESAB common shares after he leaves the company.

How many ESAB deferred stock units did director Patrick W. Allender receive?

Patrick W. Allender received 246 deferred stock units from ESAB. Each deferred stock unit corresponds to one share of ESAB common stock, providing equity-based compensation for his board service instead of a cash retainer, with settlement after his separation from the company.

What does each ESAB deferred stock unit represent for Patrick W. Allender?

Each deferred stock unit represents a contingent right to receive one share of ESAB common stock. This means Allender’s 246 units can become 246 ESAB shares, delivering stock-based value once his board service ends and the units are settled.

When do Patrick W. Allender’s ESAB deferred stock units vest and settle?

The deferred stock units granted to Patrick W. Allender vest immediately upon grant. However, they will only be settled in ESAB common stock after his separation from the company, aligning payout timing with the end of his board service.

Why did ESAB issue deferred stock units instead of cash to its director?

ESAB issued the deferred stock units in lieu of the director’s cash retainer for board service. This structure shifts compensation from immediate cash to equity-based awards, giving the director a direct stake in ESAB through future common stock settlement.