Enders Thomas 4

What Happened

• Thomas Enders, a director of Linde plc, had a restricted stock unit (RSU) award vest and be paid out on March 9, 2026. The filing reports a grant/payout of 473 ordinary shares (one-for-one conversion) and tax withholding of 51.065 shares to cover the tax liability (withheld value $24,753 at $484.74/share). Net shares retained ≈ 421.935 (473 − 51.065), with an approximate gross payout value of $229,282 and net value ≈ $204,529.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 10, 2026 (timely filing).
• Price used in filing: $484.74 per share (used to compute tax withholding).
• Reported entries: A = RSU grant/payout (473 shares); M = conversion/exercise of derivative into ordinary shares; F = shares withheld for taxes (51.065 shares, $24,753).
• Net shares received (after withholding): ~421.935 shares (not all line-item counts align exactly due to conversion/cancellation reporting).
• Shares owned after the transaction: not disclosed in the provided filing details.
• Footnotes: RSU award was granted March 7, 2025, vested and paid out one-for-one in ordinary shares on March 9, 2026 (F1, F3, F5). Withholding was used to satisfy tax obligations (F2). Future RSU terms (F4) are unrelated to this vested award.

Context

• This was a routine vesting and payout of RSUs for a board member, not an open-market buy or sale. The withholding of shares to cover taxes is common and should not be interpreted as a directional trade signal. Entries labeled M indicate conversion/exercise of derivative awards into ordinary shares; F indicates shares withheld for taxes.