Vinci Gerald F 4

What Happened
Gerald F. Vinci, President of Chart Industries (GTLS), disposed of Chart stock and equity awards in connection with the Baker Hughes acquisition. On July 16, 2026, 27,024 shares and 475 shares of Chart common stock were converted into cash at $210.00 per share, generating $5,675,040 and $99,750 respectively (total ≈ $5.775M). Several other equity awards (stock options, time-vesting RSUs and performance RSUs) were likewise converted or settled pursuant to the merger and are reported as dispositions (derivative entries with N/A price/value in the filing).

Key Details

• Transaction date: 2026-07-16 (Effective time of merger conversion). Price: $210.00 per share for common stock conversions.
• Reported cash proceeds for listed common-stock disposals: $5,675,040 (27,024 sh) and $99,750 (475 sh); total ≈ $5,774,790.
• Additional derivative disposals reported (options, RSUs, PSUs) are shown as "N/A" for per-share price/value in the Form 4 because their settlement was governed by the merger agreement (see footnotes).
• Shares owned after the transaction: not specified in the provided transaction summary.
• Filing timeliness: filing date 2026-07-16 for a report period 2026-07-16 — appears timely.

Context

• These were not open-market sales but mandatory conversions/settlements under the Merger Agreement with Baker Hughes: common shares were canceled and converted into the right to receive $210 per share (F1). Stock options were converted into cash equal to the number of option shares times the excess of $210 over the exercise price (F2). Time-vesting RSUs and PSUs were treated per the merger terms—some vested and paid in cash, some converted into Baker Hughes RSUs, and remaining unvested portions were canceled and converted to separate cash-based awards (F3–F4).
• This filing documents corporate-merger settlements rather than discretionary insider buying or selling behavior.