Reynolds Paula Rosput 4

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.