Lincoln Electric (LECO) EVP receives stock grants and disposes shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lincoln Electric Holdings executive Jennifer I. Ansberry reported equity compensation changes and a small share disposition. On February 18, she received 3,078 employee stock options and 769 common shares as a grant, with the options exercisable in three equal annual installments. On February 19, 153 common shares were disposed of at $288.12 per share to cover tax obligations, leaving her with 19,324 common shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Ansberry Jennifer I
Role
EVP, GENERAL COUNSEL & SECY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 153 | $288.12 | $44K |
| Grant/Award | Employee Stock Option (Right to Buy) | 3,078 | $0.00 | -- |
| Grant/Award | Common Shares | 769 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 19,324 shares (Direct);
Employee Stock Option (Right to Buy) — 3,078 shares (Direct)
Footnotes (1)
- Pursuant to restricted stock unit award. Total includes 20 shares held as Joint Tenants with Reporting Person's spouse. Exercisable in equal installments on the first, second and third anniversaries of the date of grant.
FAQ
What insider transactions did Jennifer I. Ansberry report for LECO?
Jennifer I. Ansberry reported equity grants and a tax-related share disposition. She received 3,078 employee stock options and 769 common shares on February 18, then disposed of 153 common shares at $288.12 on February 19 to satisfy tax withholding obligations.
How many Lincoln Electric (LECO) options did Jennifer Ansberry receive?
She received a grant of 3,078 employee stock options. These options are exercisable in equal installments on the first, second, and third anniversaries of the grant date, creating a three-year vesting schedule tied to continued service or other plan conditions.
How do Jennifer Ansberry’s new LECO options vest over time?
The 3,078 employee stock options vest in three equal installments. They become exercisable on each of the first, second, and third anniversaries of the February 18 grant date, encouraging multi-year retention and performance alignment with Lincoln Electric shareholders.