LINDE PLC·4

Mar 10, 6:00 PM ET

Reynolds Paula Rosput 4

4 · LINDE PLC · Filed Mar 10, 2026

Research Summary

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Linde Director Paula Reynolds Receives RSU and Deferred Awards

What Happened Paula Rosput Reynolds, a director of Linde plc (LIN), received equity awards on March 9, 2026: 473 restricted stock units (RSUs) and 19.808 deferred stock units (both reported as acquisitions at $0.00, derivative holdings). These awards were reported on a Form 4 filed March 10, 2026. The grant price is $0 (typical for RSU awards); any cash value will depend on Linde plc’s share price at payout. This is an award (not a market purchase or sale).

Key Details

  • Transaction date: 2026-03-09; Form 4 filed: 2026-03-10 (appears timely).
  • Reported transactions: 473 RSUs (A) and 19.808 deferred stock units (A), price $0.00 (derivative awards).
  • Shares owned after transaction: not specified in the provided filing details.
  • Footnotes of note:
    • F1: Conversion to Linde plc Ordinary Shares is 1-for-1.
    • F2: The 473-RSU award vests in full one year after grant (Mar 9, 2027) if she remains on the board; payout of vested RSUs is deferred and will be made in Ordinary Shares upon termination of board service.
    • F3: Some RSUs have fully vested but payout is deferred until termination of service.
    • F4: Deferred stock units were acquired under the Non‑Employee Director Deferral Plan and will pay out 1-for-1 in Ordinary Shares per the Plan.
  • Transaction code: A = Award/Grant (derivative award).

Context These are equity compensation awards (RSUs and deferred units), not open-market purchases or sales. RSUs typically convert to shares on vesting/payout dates; here payout is deferred until the director’s termination of service, so no immediate share issuance or sale occurred. Because payout depends on future vesting and the company’s share price at that time, these grants don’t represent an immediate cash investment signal.

Insider Transaction Report

Form 4
Period: 2026-03-09
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-03-09+473473 total
    Exercise: $0.00From: 2027-03-09Exp: 2027-03-09Ordinary Shares (473 underlying)
  • Award

    Deferred Stock Units

    [F1][F4]
    2026-03-09+19.808111.675 total
    Ordinary Shares (19.808 underlying)
Holdings
  • Ordinary Shares

    715.922
  • Restricted Stock Units

    [F1][F3]
    Exercise: $0.00Ordinary Shares (470.156 underlying)
    470.156
Footnotes (4)
  • [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.
  • [F4]Deferred stock units acquired under the Linde Non-Employee Director Deferral Plan ("Plan"). The deferred stock units will payout in Linde plc Ordinary Shares on a one-for-one basis in accordance with the Plan.
Signature
Anthony M. Pepper as attorney-in-fact|2026-03-10

Documents

1 file
  • 4
    wk-form4_1773180045.xmlPrimary

    FORM 4