4Filed Jul 15, 8:00 PM ET
Chart Industries (GTLS) Chair Andrew Cichocki Sells 3,846 Shares
$GTLS · CHART INDUSTRIES INCResearch Summary
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Chart Industries (GTLS) Chair Andrew Cichocki Sells 3,846 Shares
What Happened
Andrew R. Cichocki, Chair of the Board and a director of Chart Industries (GTLS), had 3,846 shares of Chart common stock disposed of to the issuer on July 16, 2026. The shares were converted to cash at $210.00 per share, yielding $807,660. This was a disposition to the issuer tied to the company’s merger, not an open-market sale.
Key Details
- Transaction date: 2026-07-16; Price: $210.00 per share; Total proceeds: $807,660.
- Transaction code: D (Disposition to issuer).
- Footnote: Per the Merger Agreement dated July 28, 2025 with Baker Hughes, Chart common shares were automatically canceled at the Effective Time and converted into the right to receive $210.00 per share (the Merger Consideration).
- Shares owned after the transaction: not specified in the filing; common stock was canceled under the merger (likely no remaining common shares).
- Filing appears timely (reporting date same as transaction date); no late-filing flag noted.
Context
This was a merger-related cash-out (corporate action) rather than a voluntary open-market sale by the insider. Such dispositions reflect the terms of the merger agreement (cash merger consideration), not necessarily the insider’s view of the company’s prospects.