Form 4: Air Products Director Smith Acquires Phantom Stock Units

Director Wayne Thomas Smith acquired phantom stock units in Air Products & Chemicals, Inc. through a deferred compensation program.

Summary

• Wayne Thomas Smith, a director at Air Products & Chemicals, Inc., acquired 12.0731 phantom stock units on September 30, 2024.
• The acquisition was made under the Air Products Stock Account of the issuer's Deferred Compensation Program for Directors, part of the Company's Long-Term Incentive Plan.
• These units are payable in shares of common stock after the director's service on the Board ends, either in a lump sum or up to ten installments.
• Following the transaction, Smith disposed of 2,060.8206 shares of common stock.
• The price of the phantom stock was $300.36.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It provides transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves deferred compensation for a director.

Key Dates