Steven Hedlund compensation by year
LINCOLN ELECTRIC Summary Compensation Table · all 10 fiscal years held| Component | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Salary | $337,393 | $370,381 | $395,000 | $425,000 | $427,500 | $440,000 | $564,584 | $798,833 | $1,010,000 | $1,050,000 |
| Bonus | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $213,956 | $356,226 | $403,978 | $410,538 | $601,608 | $595,576 | $962,817 | $1,469,165 | $3,306,208 | $4,326,636 |
| Option awards | $103,349 | $227,608 | $176,668 | $204,998 | $205,007 | $302,086 | $340,000 | $980,006 | $1,595,709 | $1,375,027 |
| Non-equity incentive | $416,795 | $516,011 | $518,796 | $399,825 | $428,765 | $659,373 | $1,317,851 | $1,890,704 | $975,357 | $1,301,615 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $27,499 | $267,134 | $393,691 | $426,711 | $643,190 | $225,282 | $186,452 | $194,930 | $469,383 | $341,258 |
| Total | $1,098,992 | $1,737,360 | $1,888,133 | $1,867,072 | $2,306,070 | $2,222,317 | $3,371,704 | $5,333,638 | $7,356,657 | $8,394,536 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: LINCOLN ELECTRIC HOLDINGS INC DEF 14A filed March 19, 2026, accession 0002071876-26-000032, and prior-year filings. Open the filing on EDGAR.
How this page was built: the LINCOLN ELECTRIC HOLDINGS INC filed document, accession 0002071876-26-000032. Every figure is read from that document and cited to the page and table it appears in. Filed March 19, 2026.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 26,720 | $6,403,181 | — |
| PSU | 13,386 | $3,207,821 | — |
| RSU | 6,693 | $1,603,911 | — |
| RSU | 6,680 | $1,600,795 | — |
| PSU | 2,767 | $663,084 | — |
| PSU | 2,475 | $593,109 | — |
| PSU | 1,832 | $439,020 | — |
| Option | 24,620 | — | $215.90 |
| Option | 3,077 | — | $200.14 |
| Option | 3,463 | — | $175.97 |
| Option | 16,072 | — | $246.99 |
Per the Outstanding Equity Awards at Fiscal Year-End table in LINCOLN ELECTRIC HOLDINGS INC's FY2025 proxy; value at the fiscal year-end close, as the company printed it.
Insider transactions since the last proxy
6 Form 4 lines since the FY2025 proxy (filed March 19, 2026)current to 2026-11-07 · updated nightly
| Date | Transaction | Plan | Shares | Price | Held after |
|---|---|---|---|---|---|
| 2026-10-30 | Sale | — | 14,371 | $281.95 | 63,483 |
| 2026-10-30 | Exercise or conversion derivative | — | 450 | $0.00 | 0 |
| 2026-10-30 | Exercise or conversion | — | 450 | $89.63 | 63,933 |
| 2026-10-30 | Exercise or conversion | — | 13,921 | $114.27 | 77,854 |
| 2026-10-30 | Exercise or conversion derivative | — | 13,921 | $0.00 | 0 |
| 2026-08-21 | Tax withholding | — | 409 | $281.82 | 63,483 |
The 6 most recent of 6 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →
LINCOLN ELECTRIC’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Steven Hedlund · this page | Chairman and Chief Executive Officer | $8,394,536 |
| Christopher Mapes | Executive Chair | $7,126,026 |
| Gabriel Bruno | Executive Vice President, Chief Financial Officer and Treasurer | $2,910,855 |
| Jennifer Ansberry | Executive Vice President, General Counsel and Secretary | $1,924,695 |
| Michael Whitehead | Executive Vice President, President, Americas Welding | $1,624,229 |
| Susan Edwards | Executive Vice President, Chief Human Resources Officer | $1,589,361 |
| Michele Kuhrt | Executive Vice President, Chief Transformation Officer | $1,472,933 |
Board service
LINCOLN ELECTRIC board · FY2024–FY2025How this board is paid
Company policy: LINCOLN ELECTRIC pays directors a $110,000 cash retainer and $180,000 in RSU. As stated in LINCOLN ELECTRIC's FY2025 proxy.
The full LINCOLN ELECTRIC compensation record
free company briefThis page is one person within LINCOLN ELECTRIC's record. The company brief lists every named executive, each linking to their own page.
Peer companies
named in the LINCOLN ELECTRIC proxy · each links to its own free briefCompensation, the day it’s disclosed
The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order LINCOLN ELECTRIC's full Executive Compensation Report with peer benchmarking.
How this record is built
Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are LINCOLN ELECTRIC's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.
Order LECO
Add the email the receipt and the PDF go to, then press the report you want. Each button opens its own card payment on Stripe.