LINDE PLC·4

Mar 10, 5:25 PM ET

Enders Thomas 4

4 · LINDE PLC · Filed Mar 10, 2026

Research Summary

AI-generated summary of this filing

Updated

LINDE (LIN) Director Thomas Enders Receives 473 RSUs; 51 Shares Withheld

What Happened

  • Thomas Enders, a director of Linde plc, had a restricted stock unit (RSU) award vest and be paid out on March 9, 2026. The filing reports a grant/payout of 473 ordinary shares (one-for-one conversion) and tax withholding of 51.065 shares to cover the tax liability (withheld value $24,753 at $484.74/share). Net shares retained ≈ 421.935 (473 − 51.065), with an approximate gross payout value of $229,282 and net value ≈ $204,529.

Key Details

  • Transaction date: March 9, 2026; Form 4 filed March 10, 2026 (timely filing).
  • Price used in filing: $484.74 per share (used to compute tax withholding).
  • Reported entries: A = RSU grant/payout (473 shares); M = conversion/exercise of derivative into ordinary shares; F = shares withheld for taxes (51.065 shares, $24,753).
  • Net shares received (after withholding): ~421.935 shares (not all line-item counts align exactly due to conversion/cancellation reporting).
  • Shares owned after the transaction: not disclosed in the provided filing details.
  • Footnotes: RSU award was granted March 7, 2025, vested and paid out one-for-one in ordinary shares on March 9, 2026 (F1, F3, F5). Withholding was used to satisfy tax obligations (F2). Future RSU terms (F4) are unrelated to this vested award.

Context

  • This was a routine vesting and payout of RSUs for a board member, not an open-market buy or sale. The withholding of shares to cover taxes is common and should not be interpreted as a directional trade signal. Entries labeled M indicate conversion/exercise of derivative awards into ordinary shares; F indicates shares withheld for taxes.

Insider Transaction Report

Form 4
Period: 2026-03-09
Transactions
  • Exercise/Conversion

    Ordinary Shares

    [F1]
    2026-03-09+470.15611,064.959 total
  • Tax Payment

    Ordinary Shares

    [F2]
    2026-03-09$484.74/sh51.065$24,75311,013.894 total
  • Award

    Restricted Stock Units

    [F3][F4]
    2026-03-09+473473 total
    Exercise: $0.00From: 2027-03-09Exp: 2027-03-09Ordinary Shares (473 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F3][F5]
    2026-03-09470.1560 total
    Exercise: $0.00Ordinary Shares (470.156 underlying)
Footnotes (5)
  • [F1]Ordinary shares acquired pursuant to the payout of a restricted stock unit ("RSU") grant made on March 7, 2025.
  • [F2]Ordinary shares withheld from the payout to cover tax withholdings.
  • [F3]Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.
  • [F4]This RSU award will vest in full and payout on or about March 9, 2027, in Linde plc Ordinary Shares on a one-for-one basis, provided that the awardee serves on the Linde plc Board of Directors continuously through the vesting date, except under certain circumstances in which a pro-rata payout may be made.
  • [F5]The RSU award vested in full and paid out in Ordinary Shares on a one-for-one basis on March 9, 2026.
Signature
Anthony M. Pepper as attorney-in-fact|2026-03-10

Documents

1 file
  • 4
    wk-form4_1773177947.xmlPrimary

    FORM 4