WOOD ROBERT L 4

What Happened

• Robert L. Wood, a director of Linde plc (LIN), sold a total of 5,215 Linde shares in two open-market transactions. On 2026-05-14 he sold 880 shares at $508.76 each for $447,709, and on 2026-05-15 he sold 4,335 shares at $506.39 each for $2,195,201 — total proceeds about $2,642,910. These were sales (not purchases), which are often routine portfolio transactions by insiders.

Key Details

• Transaction dates and prices:
  • 2026-05-14: 880 shares sold at $508.76 ($447,709)
  • 2026-05-15: 4,335 shares sold at $506.39 ($2,195,201)
• Total shares sold: 5,215; total proceeds ≈ $2,642,910.
• Filing: Form 4 filed with the SEC on 2026-05-18 (within the standard two-business-day reporting window).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Relevant footnotes from the filing:
  • F1: Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.
  • F2: Some Restricted Stock Units (RSUs) will vest and pay out in Linde shares on or about March 9, 2027, subject to continued board service (possible pro‑rata payout in certain cases).
  • F3: Some RSUs have vested but the reporting person has deferred payout in Linde shares until termination of service or a specific future date.

Context

• These were sales (code S), which do not by themselves indicate management sentiment about the company; insiders sell for many personal or tax-planning reasons.
• The filing does not show any option exercise, award receipt, or 10b5-1 plan notation in the provided excerpt.
• Retail investors often view purchases as a stronger signal than routine sales; treat this as factual reporting of insider liquidation rather than a directional endorsement.