Sagehorn David M. 4

What Happened

• David M. Sagehorn, a director of Chart Industries (GTLS), had 8,149 shares disposed to the issuer on July 16, 2026 — 7,849 shares for $1,648,290 and 300 shares for $63,000 — each at $210.00 per share, totaling $1,711,290.
• These were dispositions to the issuer as part of the company’s merger; this is effectively a cash conversion of shares rather than an open-market sale.

Key Details

• Transaction date: 2026-07-16. Price per share: $210.00.
• Shares disposed: 7,849 and 300 (total 8,149). Total cash received: $1,711,290.
• Transaction code D (Disposition to the issuer). Footnote F1: Under the Merger Agreement (dated July 28, 2025), Chart common stock was canceled at the Effective Time and converted into $210.00 per share Merger Consideration payable in cash.
• Shares owned after the transaction: not reported in the provided Form 4.
• Filing appears timely (reporting period equals transaction date); no 10b5‑1 plan or tax-withholding note was reported in the supplied entry.

Context

• Because this disposition was driven by the merger conversion (shares canceled and converted into cash), it does not reflect an insider selling on the open market for personal liquidity or investment decision-making.
• For retail investors: merger-driven conversions are routine corporate events that return cash to holders; they are different in informational value from voluntary insider purchases or open-market sales.