Evans Andrew W 4

What Happened

• Andrew W. Evans, a director of Air Products & Chemicals, Inc. (APD), was granted 8.269 phantom deferred stock units on 2026-06-30. The report lists an acquisition price reference of $271.35 and a total reported value of $2,244. This was an award/grant (derivative units) as part of director compensation, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-30; Form 4 filed: 2026-07-02 (Accession 0001225208-26-006322). No late filing flag indicated in the filing.
• Transaction type: A = Award/Grant of derivative securities (phantom deferred stock units).
• Units granted: 8.269 Units; price shown $271.35; total reported value $2,244.
• Shares owned after transaction: not specified in the filing.
• Footnotes summary:
  • F1: Units are phantom deferred stock units under the company’s Deferred Compensation Program for Directors (Long-Term Incentive Plan).
  • F3: Units are payable in shares equal to the number of Units, generally when elected after board service ends; payout can be lump sum or up to 10 installments.
  • F2: Not applicable to this security.

Context

• These are deferred compensation units (derivative awards), not immediate common stock. The units represent a future payment right that will be settled in shares of common stock at the time elected (typically after board service), so this award does not increase current voting power or immediate share count.
• Such director compensation grants are routine and intended for long-term retention; they are informative about compensation structure but do not by themselves signal a director buying or selling stock in the open market.