Mahoney Paul E 4
4 · CHART INDUSTRIES INC · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
Chart Industries (GTLS) Director Paul Mahoney Cashes Out 3,946 Shares
What Happened
Paul E. Mahoney, a director of Chart Industries (GTLS), recorded a disposition to the issuer on July 16, 2026: 3,946 shares were converted at $210.00 per share for total consideration of $828,660. This was not an open‑market sale but a cash payment tied to the company’s merger agreement.
Key Details
- Transaction date: 2026-07-16; price per share: $210.00; total proceeds: $828,660.
- Transaction type/code: Disposition to issuer (D) — shares were canceled and converted into cash under the Merger Agreement.
- Footnote: Per the Merger Agreement dated July 28, 2025, Chart common shares were automatically cancelled at the Effective Time and converted into the right to receive $210.00 per share (Merger Consideration).
- Shares owned after transaction: not specified in the filing.
- Filing timeliness: Reported on 2026-07-16 (period of report same date), indicating a timely Form 4 filing.
Context
This is a merger-related cash-out (conversion of shares into merger consideration), not a routine insider sale on the open market. For retail investors, merger cash-outs reflect deal terms rather than the insider’s trading intent; purchases generally convey stronger positive signals than dispositions tied to corporate transactions.
Insider Transaction Report
- Disposition to Issuer
Common stock, par value $0.01 per share
[F1]2026-07-16$210.00/sh−3,946$828,660→ 0 total
Footnotes (1)
- [F1]Pursuant to that certain Agreement and Plan of Merger, dated as of July 28, 2025 (the "Merger Agreement"), by and among Baker Hughes Company, Tango Merger Sub, Inc. and Chart Industries, Inc. (the "Company"), at the Effective Time (as defined in the Merger Agreement), the shares of common stock (the "Chart Common Stock") were automatically canceled and converted into the right to receive a cash payment of $210.00 per share of Chart Common Stock (the "Merger Consideration").