LINDE PLC·4

Mar 11, 3:24 PM ET

Bacher Desiree 4

4 · LINDE PLC · Filed Mar 11, 2026

Research Summary

AI-generated summary of this filing

Updated

LINDE (LIN) SVP Desiree Bacher Receives 5,588 Shares

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.

Insider Transaction Report

Form 4
Period: 2026-03-09
Bacher Desiree
SVP, Chief HR Officer
Transactions
  • Exercise/Conversion

    Ordinary Shares

    [F1]
    2026-03-09+727866 total
  • Tax Payment

    Ordinary Shares

    [F2]
    2026-03-09$484.74/sh228$110,521638 total
  • Exercise/Conversion

    Ordinary Shares

    [F1]
    2026-03-09+260898 total
  • Tax Payment

    Ordinary Shares

    [F2]
    2026-03-09$484.74/sh82$39,749816 total
  • Exercise/Conversion

    Ordinary Shares

    [F3]
    2026-03-09+2601,076 total
  • Tax Payment

    Ordinary Shares

    [F2]
    2026-03-09$484.74/sh97$47,020979 total
  • Award

    Performance Share Units (ROC)

    [F4][F5]
    2026-03-09+727727 total
    Exercise: $0.00From: 2026-03-07Exp: 2026-03-07Ordinary Shares (727 underlying)
  • Exercise/Conversion

    Performance Share Units (ROC)

    [F4][F5]
    2026-03-097270 total
    Exercise: $0.00From: 2026-03-07Exp: 2026-03-07Ordinary Shares (727 underlying)
  • Award

    Performance Share Units (RTSR)

    [F4][F6]
    2026-03-09+260260 total
    Exercise: $0.00From: 2026-03-07Exp: 2026-03-07Ordinary Shares (260 underlying)
  • Exercise/Conversion

    Performance Share Units (RTSR)

    [F4][F6]
    2026-03-092600 total
    Exercise: $0.00From: 2026-03-07Exp: 2026-03-07Ordinary Shares (260 underlying)
  • Award

    Restricted Stock Units

    [F4][F7]
    2026-03-09+503503 total
    Exercise: $0.00Ordinary Shares (503 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F4][F10]
    2026-03-092600 total
    Ordinary Shares (260 underlying)
  • Award

    Stock Options (right to buy)

    [F11]
    2026-03-09+4,0984,098 total
    Exercise: $483.62Exp: 2036-03-09Ordinary Shares (4,098 underlying)
Holdings
  • Restricted Stock Units

    [F4][F8]
    Ordinary Shares (309 underlying)
    309
  • Restricted Stock Units

    [F4][F9]
    Ordinary Shares (300 underlying)
    300
  • Stock Options (right to buy)

    [F12]
    Exercise: $468.77Exp: 2035-03-07Ordinary Shares (2,168 underlying)
    2,168
  • Stock Options (right to buy)

    [F13]
    Exercise: $465.29Exp: 2034-03-07Ordinary Shares (1,920 underlying)
    1,920
  • Stock Options (right to buy)

    [F14]
    Exercise: $354.14Exp: 2033-03-07Ordinary Shares (1,690 underlying)
    1,690
  • Deferred Stock Units

    [F4][F15]
    Ordinary Shares (61.637 underlying)
    61.637
Footnotes (15)
  • [F1]Ordinary shares acquired pursuant to the payout of a performance share unit ("PSU") grant made on March 7, 2023.
  • [F10]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.
  • [F11]This option vests over three years in three consecutive equal annual installments beginning on March 9, 2027.
  • [F12]This option vests over three years in three consecutive equal annual installments beginning on March 7, 2026.
  • [F13]This option vests over three years in three consecutive equal annual installments beginning on March 7, 2025.
  • [F14]This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
  • [F15]Deferred stock units acquired under the Linde Compensation Deferral Plan ("Plan"). The deferred stock units will payout in Linde plc Ordinary Share on a one-for-one basis in accordance with the Plan.
  • [F2]Ordinary shares withheld from the payout to cover tax withholdings.
  • [F3]Ordinary shares acquired pursuant to the payout of a restricted stock unit ("RSU") grant made on March 7, 2023.
  • [F4]Conversion to Linde plc Ordinary Shares is on a one-for-one basis.
  • [F5]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.
  • [F6]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 TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2023.
  • [F7]Restricted Stock Units that will vest in full and payout on or about March 9, 2029 in Linde plc Ordinary Shares on a one-for-one basis.
  • [F8]Restricted Stock Units that will vest in full and payout on or about March 7, 2028 in Linde plc Ordinary Shares on a one-for-one basis.
  • [F9]Restricted Stock Units that will vest in full and payout on or about March 7, 2027 in Linde plc Ordinary Shares on a one-for-one basis.
Signature
Anthony M. Pepper as attorney-in-fact|2026-03-11

Documents

1 file
  • 4
    wk-form4_1773257078.xmlPrimary

    FORM 4