REILLEY DENNIS H 4

What Happened

• Dennis H. Reilley, a director of Air Products & Chemicals, Inc. (APD), was granted 16.361 phantom deferred stock units on 2026-03-31. The units are valued at $291.56 each, for a total reported value of $4,770. This was an award/ grant (derivative), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-31; Form 4 filed 2026-04-01 (appears timely; Form 4s are generally due within two business days).
• Grant: 16.361 phantom deferred stock units at $291.56 per unit; reported value $4,770.
• Security type: Derivative units (not immediate common stock). Transaction code: A (award/grant).
• Shares owned after transaction: Not provided in the supplied data.
• Footnotes: F1—Units are phantom deferred stock units under the Air Products Deferred Compensation Program for Directors. F3—Units are payable in shares equal to the Units at the time elected (generally after board service ends) and may be paid in a lump sum or up to ten installments. F2 not applicable.

Context

• These are deferred compensation units that convert to common shares only when the director elects payout (typically after leaving the board). They do not represent an immediate open-market purchase or sale and may not reflect current trading intent. The dollar amount is modest for a director award, and the transaction is routine for director compensation.