Form 4: Air Products Director Edward L. Monser Reports Acquisition and Disposal of Phantom Stock Units

Director Edward L. Monser reports changes in beneficial ownership of Air Products & Chemicals, Inc. phantom stock units, including acquisition and disposal transactions.

Summary

• Edward L. Monser, a director of Air Products & Chemicals, Inc., filed a Form 4 detailing changes in his beneficial ownership.
• On September 30, 2024, Monser acquired 93.9648 phantom stock units under the company's Deferred Compensation Program for Directors, with each unit valued at $300.36.
• On the same day, Monser disposed of 93.9648 phantom stock units.
• Following these transactions, Monser beneficially owns 16,039.3214 phantom stock units.
• These units are payable in shares of common stock after Monser's service on the Board of Directors ends, with payment options including a lump sum or up to ten installments.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The phantom stock units are payable in shares of common stock at a future date elected by the reporting person, generally after service on the Company's Board of Directors ends.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It helps stakeholders understand the alignment of interests between company leadership and shareholders.

Key Dates