CHART INDUSTRIES INC·4

Jul 16, 4:06 PM ET

Harty Linda S 4

Research Summary

AI-generated summary

Updated

Chart Industries (GTLS) Director Linda Harty Receives Cash in Merger

What Happened

  • Director Linda S. Harty reported a disposition to the issuer: 14,742 shares were converted at $210.00 per share for total cash proceeds of $3,095,820. The transaction resulted from the merger of Chart Industries into Baker Hughes, under which each Chart share was cancelled and converted into $210.00 in cash.

Key Details

  • Transaction date: 2026-07-16
  • Price per share: $210.00; Total value: $3,095,820
  • Shares owned after transaction: Not reported in the filing
  • Footnote: Per the Merger Agreement dated July 28, 2025, Chart common stock was automatically canceled at the Effective Time and converted into the cash merger consideration of $210.00 per share.
  • Filing timeliness: Reported on 2026-07-16 (no late filing indicated)

Context

  • This was a disposition to the issuer as part of the merger cash-out—not an open-market sale—so it reflects the merger consideration rather than a trading decision by the director.
  • For retail investors, merger-related cash conversions are routine corporate actions and do not necessarily signal the insider’s view of the company’s future performance.