WOOD ROBERT L 4
4 · LINDE PLC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Linde (LIN) Director Robert L. Wood Receives 473-Share RSU Award
What Happened Robert L. Wood, a director of Linde plc (LIN), received a grant of 473 restricted stock units (RSUs) reported as a derivative acquisition (Code A) on March 9, 2026. The units were granted at $0.00 (no cash paid) and convert to Linde ordinary shares on a 1-for-1 basis. The award vests in full one year after the grant date (March 9, 2027) provided continuous service; payout of vested RSUs has been deferred and will be made in ordinary shares upon the reporting person's termination of board service (with limited pro‑rata exceptions).
Key Details
- Transaction date: 2026-03-09; Form 4 filed 2026-03-10 (timely filing).
- Transaction type: Grant/Award of 473 RSUs (derivative) at $0.00 per unit.
- Conversion: RSUs convert 1-for-1 to Linde plc ordinary shares (F1).
- Vesting/payout: Vests in full one year after grant, payout deferred until termination of board service; some pro‑rata payout scenarios noted (F2, F3).
- Shares owned after transaction: Not specified in the provided filing.
- No indication of a 10b5-1 plan, tax-withholding sale, or immediate sale of shares in this filing.
Context RSUs are a promise of future shares subject to vesting and any deferral terms, so this award does not represent an immediate purchase or sale of stock. Director RSU grants are routine compensation for board service; because payout is deferred until termination, the award does not immediately change the director’s share count or produce proceeds.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-03-09+473→ 473 totalExercise: $0.00→ Ordinary Shares (473 underlying)
- 14,463.482
Ordinary Shares
- 2,861.001
Restricted Stock Units
[F1][F3]→ Ordinary Shares (2,861.001 underlying)
Footnotes (3)
- [F1]Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.
- [F2]This RSU award shall vest in full one year after the March 9, 2026 date of grant, provided that the awardee serves on the Linde plc Board of Directors continuously through the vesting date, except under certain circumstances in which a pro-rata payout may be made. The payout of the vested RSU award has been deferred and will be made in Ordinary Shares on a one-for-one basis upon the reporting person's termination of service on the Board of Directors.
- [F3]Restricted Stock Units that have fully vested but whose payout in Linde plc Ordinary Shares has been deferred by the reporting person until termination of services as a director or a specific future date.