Ossadnik Victoria 4
Research Summary
AI-generated summary
Linde (LIN) Director Victoria Ossadnik Receives RSU Payout
What Happened
Victoria Ossadnik, a director of Linde plc (LIN), received a payout from a restricted stock unit (RSU) award that vested on March 9, 2026. The filing shows an RSU grant/award and the conversion/exercise of the derivative into ordinary shares (one-for-one). Approximately 473 RSUs were involved, and 37.761 ordinary shares were withheld to cover tax withholding, valued at $484.74 per share (total ~$18,304). The acquisitions are reported at $0 cost (RSU payout).
Key Details
- Transaction date: March 9, 2026; Form 4 filed March 10, 2026 (timely filing).
- Shares granted/payout: ~473 RSUs granted/paid out and converted to ordinary shares on a 1-for-1 basis.
- Tax withholding (disposition): 37.761 shares withheld at $484.74/share, totaling ~$18,304.
- Acquisition price: $0 for the RSU payout (compensation).
- Shares owned after transaction: not specified in the provided filing summary.
- Relevant footnotes: RSU award vested and paid out in full on March 9, 2026 (F5); shares were withheld to cover tax liabilities (F2); conversion to Linde ordinary shares is 1-for-1 (F3).
Context
This was an RSU vesting and conversion to ordinary shares (a compensation event), not an open-market purchase or a voluntary sale. Withholding shares for taxes is routine and is reported as a disposition for tax purposes. Such awards indicate compensation/vesting activity rather than a direct buy/sell signal about the director's market view.