Reynolds Paula Rosput 4

What Happened

• Paula Rosput Reynolds, a director of Linde plc (LIN), was granted 15.931 restricted stock units (RSUs) on 2026-07-01. The award was reported as an acquisition (code A) at $0.00 per share (total reported value $0). These are derivative awards (deferred stock units), not an open‑market purchase.

Key Details

• Transaction date: 2026-07-01; Form 4 filed: 2026-07-02 (appears timely).
• Amount: 15.931 RSUs acquired at $0.00 each; total reported value = $0.
• Shares owned after transaction: not specified in the filing.
• Transaction type/code: A (award/grant); derivative instrument (deferred stock units/RSUs).
• Relevant footnotes from the filing:
  • F1: Conversion to Linde plc ordinary shares is 1-for-1.
  • F2: These are deferred stock units under the Linde Non‑Employee Director Deferral Plan and will pay out in ordinary shares on a one‑for‑one basis under the Plan.
  • F3: The RSU award vests in full one year after the March 9, 2026 grant date (i.e., around March 9, 2027) subject to continuous board service; payout of the vested award has been deferred and will be made in ordinary shares upon termination of board service.
  • F4: Indicates some RSUs may have already vested but payout remains deferred under the Non‑Employee Deferred Compensation Plan.

Context

• This was an award of deferred RSUs to a non‑employee director, not a cash purchase or sale. Deferred RSUs are common for director compensation and do not by themselves indicate buying/selling sentiment. Upon vesting and applicable payout events, each unit converts to one Linde ordinary share per the Plan.