Esab Corp director Rhonda Jordan sells $294,391 in company stock
ESAB Corp director Rhonda Jordan sold $294,391 worth of company stock on November 5, 2026, according to an SEC filing. The director disposed of 3,733 shares of ESAB common stock at an average price of $78.862 per share, with the sale taking place in multiple transactions between $78.485 and $79.280. The stock is currently trading at $82.83, down 26% for the year, despite a 19% surge in the past week.
Prior to the sale, Jordan bought the same number of shares through a stock option exercise, valued at $124,420. These options were exercisable since April 5, 2022, and will expire on May 20, 2027. Following the transactions, Jordan directly holds no ESAB stock, but indirectly holds 6,003 shares through family trusts, 292 shares through an unspecified trust, and 2,037 shares through her spouse.
Jordan disclaims any beneficial interest in the indirectly held securities. ESAB reported mixed third-quarter results for 2026, with revenue of $824.52 million, surpassing analysts' expectations, but adjusted earnings per share at $1.32, missing the $1.35 forecast. The company's outlook remains optimistic, despite the earnings shortfall.
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