Patwari Binod 4/A

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.