Bacher Desiree 4

What Happened

• Desiree Bacher, SVP & Chief HR Officer of Linde plc, received a package of equity awards and converted derivatives on March 9, 2026. The filing shows awards/conversions totaling 5,588 ordinary shares (multiple grant/ conversion entries) and three tax-withholding disposals of 228, 82 and 97 shares (407 shares) at $484.74/share, totaling $197,290. Net shares delivered after withholding: 5,181. Several entries are labeled as exercises/conversions of derivatives and award/grant payouts.

Key Details

• Transaction date: March 9, 2026; Form 4 filed March 11, 2026 (appears timely, within the typical 2‑business‑day filing window).
• Prices shown: tax-withheld shares valued at $484.74 each (used to compute withheld value $197,290).
• Net shares retained by insider: 5,588 granted/converted − 407 withheld = 5,181 shares net issued.
• Relevant footnotes: PSUs paid out based on performance (F1, F5, F6), RSUs vested and paid out (F10, F3), deferred stock units under the compensation deferral plan (F15), and several options/awards that vest over future years (F11–F14).
• Transaction codes: A = award/grant, M = exercise/conversion of derivative, F = shares withheld to satisfy tax withholding.
• Shares owned after the transactions are not provided in the supplied data.

Context

• These transactions reflect award payouts and conversions (including performance- and time-based units) rather than open-market purchases or sales. The tax liability was satisfied by withholding shares (a routine cashless settlement), not by an open-market sale. Footnotes indicate some awards were PSUs whose final payout was determined by multi-year performance metrics and others are RSUs or deferred units with various vesting schedules.