Brinkman Joseph Robert 4
Research Summary
AI-generated summary
Chart Industries (GTLS) CFO Joseph Brinkman Receives 1,072 Shares
What Happened
Joseph R. Brinkman, Chief Financial Officer of Chart Industries, received 1,072 shares on Feb 24, 2026 as the payout of vested performance units. To satisfy tax withholding, 262 of those shares were surrendered at a reported value of $207.58 each, totaling $54,386. Net new shares retained by Brinkman from this payout = 810 shares (1,072 granted − 262 withheld). This was an award payout (not an open-market purchase or sale); the surrender of shares for taxes is a routine withholding action.
Key Details
- Transaction date: 2026-02-24; filing date (Form 4): 2026-02-26 (filed two days after the transaction).
- Award/acquisition: 1,072 shares @ $0.00 (paid out shares from vested performance units).
- Tax withholding/Disposition: 262 shares surrendered @ $207.58 each = $54,386 disposed. (Code F — tax withholding)
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: F1 — these were performance units granted Jan 3, 2023 under the 2017 Omnibus Equity Plan that vested and were paid out in shares. F2 — 262 shares were surrendered to satisfy tax withholding in an exempt transaction under Rule 16b-3.
- Filing timeliness: filing date two days after the transaction; the filing does not indicate a late report.
Context
This was a standard equity award payout and a tax-withholding surrender — common for vested performance awards. The surrender of shares to cover taxes is not an open-market sale and is typically administrative, not necessarily a signal about the insider’s view of the stock.