T. Rowe Price Associates, Inc. Acquires 10.9% Stake in ESAB Corp

On April 8, 2026, T. Rowe Price Associates, Inc. filed a Schedule 13G with the SEC, reporting a significant new ownership stake in ESAB Corp. As of the event date on March 31, 2026, the investment firm disclosed beneficial ownership of 6,664,594 shares of ESAB Common Stock, representing a 10.9% ownership interest in the company. The filing indicates that T. Rowe Price Associates, Inc. holds sole dispositive power over all 6,664,594 shares and sole voting power over 6,507,328 shares. This position was acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. This filing marks a substantial increase from a previously reported zero position, crossing the 10% ownership threshold. T. Rowe Price Associates, Inc. is a Maryland-based investment adviser and has filed this statement under Rule 13d-1(b).