Bichara Guillermo 4

What Happened
Guillermo Bichara, Executive Vice President & Chief Legal Officer of Linde plc (LIN), exercised/converted multiple derivative awards and received a series of equity awards/vests on March 9, 2026. The filing shows he acquired a total of 31,311 shares through exercises and awards (zero exercise price entries reflect conversion/award payouts). To cover tax withholding obligations, 3,765 shares were surrendered/withheld and disposed at $484.74 per share, generating $1,825,045 in proceeds.

Key Details

• Transaction date (reporting period): March 9, 2026; Form 4 filed March 11, 2026 (appears timely).
• Acquisitions: multiple exercises and awards reported, totaling 31,311 shares acquired (various RSU/PSU/derivative conversions).
• Disposals (tax withholding): 3,765 shares disposed at $484.74 each for a total of $1,825,045. Transaction code F indicates ordinary shares were withheld/used to satisfy tax withholding.
• Relevant footnotes: payouts reflect PSUs/RSUs and option vesting schedules (PSU payout metrics and RSU/PSU conversion 1-for-1 are noted in the filing). Footnote F2 denotes share withholding to cover tax liabilities; F4/F5 explain PSU payout metrics.
• Shares owned after transaction: not provided in the data you supplied.

Context
This was largely an awards/vesting and exercise event with shares withheld to cover taxes (a common, routine cashless exercise/withholding). Transaction codes: M = option/exercise conversion, A = award/grant, F = tax withholding/payment. Because these were award payouts and withholdings rather than open‑market purchases or discretionary sales, they typically reflect compensation settlement and tax obligations rather than a direct trading view by the insider.