Reynolds Paula Rosput 4

What Happened

• Paula Reynolds, a director of Linde plc (LIN), was granted 17.212 Restricted Stock Units (RSUs) reported on 2026-04-01. The award is listed at $0.00 (no cash paid) and is a derivative compensation award rather than a purchase or sale.
• Per the filing footnotes, RSUs convert to Linde ordinary shares on a 1-for-1 basis. The award vests in full one year after the March 9, 2026 grant date (subject to continuous board service), and the payout of vested units has been deferred to ordinary shares under Linde’s Non-Employee Director Deferral Plan.

Key Details

• Transaction date reported: 2026-04-01 (filing accession 0001179998-26-000004; Form 4 filed 2026-04-03).
• Price: $0.00 per unit; Total cash paid: $0 (award/derivative).
• Shares/units granted: 17.212 RSUs.
• Shares owned after transaction: not specified in the filing.
• Important footnotes:
  • F1: RSUs convert 1-for-1 into Linde ordinary shares.
  • F2: Vesting: full vest one year after March 9, 2026; payout deferred and paid in ordinary shares upon termination of board service (with limited pro‑rata exceptions).
  • F3/F4: Confirms certain RSUs/deferred stock units are held under the Non‑Employee Director Deferral Plan and will pay out 1-for-1 in ordinary shares.
• Filing timeliness: Reported within days of the reporting period (no late filing indicated).

Context

• This is a compensation grant to a non-employee director (routine director pay), not an open‑market purchase or sale. Awards like RSUs do not necessarily signal buy/sell sentiment and are commonly part of director compensation.
• Because the payout is deferred and tied to service/termination conditions, these units are not immediately convertible to tradable shares.