Enders Thomas 4
4 · LINDE PLC · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
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
LINDE PLCLIN
Enders Thomas
Director
Transactions
- Exercise/Conversion
Ordinary Shares
[F1]2026-03-09+470.156→ 11,064.959 total - Tax Payment
Ordinary Shares
[F2]2026-03-09$484.74/sh−51.065$24,753→ 11,013.894 total - Award
Restricted Stock Units
[F3][F4]2026-03-09+473→ 473 totalExercise: $0.00From: 2027-03-09Exp: 2027-03-09→ Ordinary Shares (473 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F5]2026-03-09−470.156→ 0 totalExercise: $0.00→ Ordinary 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