STOCK TITAN

ESAB (ESAB) director takes board retainer in 304 deferred stock units

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

Rhea-AI Filing Summary

LUTZ ROBERT S reported acquisition or exercise transactions in this Form 4 filing.

ESAB Corp director Robert S. Lutz received 304 deferred stock units as board compensation. The units were granted in lieu of his cash retainer, vest immediately, and each represents a right to receive one share of ESAB common stock after he leaves the company.

Positive

  • None.

Negative

  • None.
Insider LUTZ ROBERT S
Role Director
Type Security Shares Price Value
Grant/Award Deferred Stock Units 304 $0.00 --
Holdings After Transaction: Deferred Stock Units — 304 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 304 units Grant on 2026-03-31 in lieu of cash retainer
Price per unit $0.0000 Grant/acquisition price per deferred stock unit
Units after transaction 304 units Total deferred stock units following this grant
Underlying common stock 304 shares Each unit equals one ESAB common share
Deferred Stock Units financial
"These deferred stock units were issued in lieu of the director's cash retainer"
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
"were issued in lieu of the director's cash retainer for Board service and vest immediately"
contingent right financial
"Each deferred stock unit represents a contingent right to receive one share"
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*
LUTZ ROBERT S

(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)03/31/2026A304 (2) (2)Common stock, par value $0.001304$0304D
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) director Robert S. Lutz report?

Director Robert S. Lutz reported receiving 304 deferred stock units as compensation for board service. These units were granted at no cash cost and represent equity-based pay instead of his normal cash retainer.

How many ESAB (ESAB) deferred stock units did the director receive?

He received 304 deferred stock units tied to ESAB common stock. After this grant, his reported balance in this award type is 304 units, reflecting a relatively small, routine compensation-related equity position.

What does each ESAB (ESAB) deferred stock unit represent?

Each deferred stock unit represents a contingent right to receive one share of ESAB common stock. This means the director’s 304 units correspond to 304 potential ESAB common shares, subject to the stated settlement conditions.

Why were ESAB (ESAB) deferred stock units issued to the director?

The deferred stock units were issued in lieu of the director’s cash retainer for board service. Instead of cash, he accepted equity-based compensation, aligning part of his pay with ESAB’s share performance over time.

When do ESAB (ESAB) deferred stock units granted to the director vest and settle?

The deferred stock units vest immediately, so no additional service period is required for vesting. However, they will be settled in ESAB common stock only after the director’s separation from the company, delaying actual share delivery.

Does the ESAB (ESAB) Form 4 show any stock sales or purchases?

The Form 4 shows only an acquisition of 304 deferred stock units as a grant or award. It does not report any open-market stock purchases or sales by the director in this specific filing.