Rales Mitchell P - Mar 31, 2025 Form 4 Insider Report for ESAB Corp (ESAB)

Role
Director
Signature
/s/ Mitchell P. Rales
Stock symbol
ESAB
Transactions as of
Mar 31, 2025
Transactions value $
$0
Form type
4
Date filed
4/2/2025, 05:12 PM
Previous filing
Feb 4, 2025
Next filing
May 12, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESAB Common Stock, par value $.001 Award $0 -473 -3.68% $0.00 12.4K Mar 31, 2025 Direct F1
holding ESAB Common Stock, par value $.001 3.36M Mar 31, 2025 Through single-member LLC F2
holding ESAB Common Stock, par value $.001 4.82K Mar 31, 2025 By trust for daughter F3
holding ESAB Common Stock, par value $.001 4.82K Mar 31, 2025 By trust for daughter F3
holding ESAB Common Stock, par value $.001 9.33K Mar 31, 2025 By spouse F4
holding ESAB Common Stock, par value $.001 226K Mar 31, 2025 By the Mitchell P. Rales Family Trust F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 31, 2025, the Issuer granted to the Reporting Person deferred stock units of the Issuer ("DSUs") in the amount indicated. Since the DSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The underlying shares will not be issued until the earlier of the Reporting Person's death or January 31st of the second calendar year following the Reporting Person's retirement from the Board of Directors of the Issuer.
F2 The reported shares are held through a single-member LLC, of which a revocable trust with the Reporting Person as the sole trustee and beneficiary is the sole member.
F3 The reported shares are held through custodial accounts for the benefit of the Reporting Person's daughter. The Reporting Person disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of his daughter's shares for purposes of Section 16 or for any other purpose.
F4 The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein. Neither this filing nor anything contained herein shall be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 13 of the Securities Exchange Act of 1934 or otherwise.
F5 The reporting person is a trustee of the Mitchell P. Rales Family Trust.