Air Products (APD) Director Dennis Reilley Receives Deferred Stock Units

What Happened

• Dennis H. Reilley, a director of Air Products & Chemicals, Inc. (APD), received a grant of 17.499 phantom deferred stock units on 2026-09-30. The units were valued at $279.19 each, for a total grant value of approximately $4,886. This was an award/grant (transaction code A) of derivative units, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-30; Filing date: 2026-10-01 (timely filing).
• Price/value: $279.19 per unit; total value ≈ $4,886.
• Security type: Phantom deferred stock units (derivative), not immediate common shares.
• Shares owned after transaction: Not disclosed in the Form 4 filing.
• Footnotes: F1—Units were awarded under the Air Products Stock Account of the issuer’s Deferred Compensation Program for Directors (Long-Term Incentive Plan). F3—Units are payable in shares equal to the Units at the time elected by the reporting person (generally after board service ends); payable as lump sum or up to ten installments. F2—Not applicable.
• Remarks file: reilleypoa4.txt

Context

• These are deferred compensation units that convert to common shares later (per the footnote), typically after the director leaves board service or per the director’s election. Because the units are derivative awards rather than immediate share purchases or sales, they do not represent newly traded shares on the market today and are primarily a form of non-cash, long-term compensation.