Bacher Desiree 4
4 · LINDE PLC · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
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
LINDE PLCLIN
Bacher Desiree
SVP, Chief HR Officer
Transactions
- Exercise/Conversion
Ordinary Shares
[F1]2026-03-09+727→ 866 total - Tax Payment
Ordinary Shares
[F2]2026-03-09$484.74/sh−228$110,521→ 638 total - Exercise/Conversion
Ordinary Shares
[F1]2026-03-09+260→ 898 total - Tax Payment
Ordinary Shares
[F2]2026-03-09$484.74/sh−82$39,749→ 816 total - Exercise/Conversion
Ordinary Shares
[F3]2026-03-09+260→ 1,076 total - Tax Payment
Ordinary Shares
[F2]2026-03-09$484.74/sh−97$47,020→ 979 total - Award
Performance Share Units (ROC)
[F4][F5]2026-03-09+727→ 727 totalExercise: $0.00From: 2026-03-07Exp: 2026-03-07→ Ordinary Shares (727 underlying) - Exercise/Conversion
Performance Share Units (ROC)
[F4][F5]2026-03-09−727→ 0 totalExercise: $0.00From: 2026-03-07Exp: 2026-03-07→ Ordinary Shares (727 underlying) - Award
Performance Share Units (RTSR)
[F4][F6]2026-03-09+260→ 260 totalExercise: $0.00From: 2026-03-07Exp: 2026-03-07→ Ordinary Shares (260 underlying) - Exercise/Conversion
Performance Share Units (RTSR)
[F4][F6]2026-03-09−260→ 0 totalExercise: $0.00From: 2026-03-07Exp: 2026-03-07→ Ordinary Shares (260 underlying) - Award
Restricted Stock Units
[F4][F7]2026-03-09+503→ 503 totalExercise: $0.00→ Ordinary Shares (503 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F10]2026-03-09−260→ 0 total→ Ordinary Shares (260 underlying) - Award
Stock Options (right to buy)
[F11]2026-03-09+4,098→ 4,098 totalExercise: $483.62Exp: 2036-03-09→ Ordinary Shares (4,098 underlying)
Holdings
- 309
Restricted Stock Units
[F4][F8]→ Ordinary Shares (309 underlying) - 300
Restricted Stock Units
[F4][F9]→ Ordinary Shares (300 underlying) - 2,168
Stock Options (right to buy)
[F12]Exercise: $468.77Exp: 2035-03-07→ Ordinary Shares (2,168 underlying) - 1,920
Stock Options (right to buy)
[F13]Exercise: $465.29Exp: 2034-03-07→ Ordinary Shares (1,920 underlying) - 1,690
Stock Options (right to buy)
[F14]Exercise: $354.14Exp: 2033-03-07→ Ordinary Shares (1,690 underlying) - 61.637
Deferred Stock Units
[F4][F15]→ Ordinary Shares (61.637 underlying)
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