Kambeyanda Shyam 4

What Happened

• Kambeyanda Shyam, President & CEO and a director of ESAB Corporation (ESAB), received equity awards on 2026-02-26. The Form 4 reports two derivative grants: 11,657 units and 40,501 units, each acquired at $0 (i.e., granted as compensation rather than purchased).
• Total units granted: 52,158. The filing lists these as derivative awards (not open-market purchases or sales); no cash proceeds were involved.

Key Details

• Transaction date: 2026-02-26. Form 4 filed on 2026-03-02 (within the required two business days — timely).
• Reported grant prices: $0.00 (award/compensation grants, transaction code A).
• Counts: 11,657 and 40,501 units (total 52,158). Each restricted stock unit represents a contingent right to one share (per footnote F1).
• Vesting: RSUs vest in three equal annual installments on the first day of the month following each of the first, second and third anniversaries of the grant (F2). Employee stock options included also vest in three equal annual installments on the same schedule (F3).
• Shares owned after transaction: not stated in the provided filing excerpt.
• Type of transaction: grant/award (compensation). No exercise or sale reported.

Context

• These are compensation grants (restricted stock units and employee stock options), which are common for executives and are different from open-market purchases or sales — they do not indicate an immediate cash investment or disposition.
• For the employee stock options, vesting is phased; exercise (if and when it occurs) would be a separate transaction and could be reported later.