LINDE PLC·4/A

Apr 14, 4:07 PM ET

Patwari Binod 4/A

4/A · LINDE PLC · Filed Apr 14, 2026

Research Summary

AI-generated summary of this filing

Updated

Linde (LIN) SVP Patwari Binod Receives 938 Shares Through Awards

What Happened

  • Patwari Binod, Senior Vice President — APAC at Linde plc, received 938 ordinary shares on March 9, 2026 from the payout/vesting of performance share units (PSUs) and restricted stock units (RSUs). The filing reports three payouts: 548, 195 and 195 shares (total 938). Each conversion/award is reported at $0.00 on the Form 4 because these were awards/derivative conversions rather than open-market purchases. No sale of the resulting ordinary shares is reported.

Key Details

  • Transaction date: March 9, 2026 (reported via an amended Form 4 filed April 14, 2026).
  • Reported entries: awards/acquisitions and exercises/conversions of derivatives for 548, 195 and 195 shares (total 938 shares); all reported at $0.00 (award/conversion).
  • Conversion basis: Linde plc ordinary shares convert on a one-for-one basis (footnote F2).
  • PSU metrics: PSU payouts were determined by average return on capital (ROC) and relative total shareholder return (RTSR) for 2023–2025 (footnotes F3 & F4). RSUs vested in full (footnote F5).
  • Tax treatment correction: This amended filing restates the original Form 4 to correct an error — no ordinary shares were withheld for taxes on these payouts (footnote F1).
  • Shares owned after the transaction: Not specified in the provided filing details.
  • Filing status: This is an amendment to a previously filed Form 4 (correcting reported withholding); no open-market sale or purchase is shown.

Context

  • These entries reflect equity awards vesting and conversion of derivative awards (PSUs/RSUs) into ordinary shares, not a cash purchase or open-market sale. Such awards are routine compensation events and do not by themselves indicate insider buying or selling sentiment.

Insider Transaction Report

Form 4/AAmended
Period: 2026-03-09
Patwari Binod
Senior Vice President - APAC
Transactions
  • Exercise/Conversion

    Ordinary Shares

    [F1]
    2026-03-09+5484,887 total
  • Exercise/Conversion

    Ordinary Shares

    [F1]
    2026-03-09+1955,082 total
  • Exercise/Conversion

    Ordinary Shares

    [F1]
    2026-03-09+1955,277 total
  • Award

    Performance Share Units (ROC)

    [F2][F3]
    2026-03-09+548548 total
    Ordinary Shares (548 underlying)
  • Exercise/Conversion

    Performance Share Units (ROC)

    [F2][F3]
    2026-03-095480 total
    Ordinary Shares (548 underlying)
  • Award

    Performance Share Units (RTSR)

    [F2][F4]
    2026-03-09+195195 total
    Ordinary Shares (195 underlying)
  • Exercise/Conversion

    Performance Share Units (RTSR)

    [F2][F4]
    2026-03-091950 total
    Ordinary Shares (195 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F2][F5]
    2026-03-09195195 total
    Ordinary Shares (195 underlying)
Footnotes (5)
  • [F1](1) The purpose of this Form 4 amendment is to amend and entirely restate the Form 4 filed on March 11, 2026 (the "Original Form 4"). The Original Form 4 incorrectly reported in Table 1 that 121, 43 and 43 Ordinary Shares were withheld for taxes from the payouts of two Performance Share Unit ("PSU") grants, and one Restricted Stock Unit ("RSU") grant, each made on March 7, 2023. The Table 1 in this Form 4 Amendment now correctly reports that 548, 195 and 195 Ordinary Shares were paid out pursuant to the PSU and RSU grants made on March 7, 2023, and that no Ordinary Shares were withheld for taxes.
  • [F2]Conversion to Linde plc Ordinary Shares is on a one-for-one basis.
  • [F3]The PSU paid out on March 9, 2026, and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Linde plc from 2023-2025 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2023.
  • [F4]The PSU paid out on March 9, 2026, and the number of shares awarded and paid out was determined based upon the relative total shareholder return ("RTSR") of Linde plc from 2023-2025 measured against RTSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2023.
  • [F5]Restricted Stock Units that vested in full and paid out on March 9, 2026 in Linde plc Ordinary Shares on a one-for-one basis.
Signature
Anthony M. Pepper as attorney-in-fact|2026-04-14

Documents

1 file
  • 4
    wk-form4a_1776197237.xml

    FORM 4/A