Form 4: Chart Industries CAO Receives RSU Grant, Sells for Tax
Insider Transaction Report
Chart Industries' Chief Accounting Officer, Mark Durham, reported the acquisition of 1,050 restricted share units and the disposition of 66 shares for tax withholding.
Summary
- Mark Durham, Chief Accounting Officer of Chart Industries Inc. (GTLS), acquired 1,050 shares of common stock.
- The acquisition was in the form of restricted share units (RSUs) granted on January 2, 2026, under the Chart Industries, Inc. 2024 Omnibus Equity Plan.
- Durham also disposed of 66 shares of common stock on January 2, 2026, at a price of $206.23 per share.
- This disposition was to satisfy tax withholding liabilities related to the RSU grant.
- Following these transactions, Durham's direct beneficial ownership of common stock is 2,837 shares.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions related to executive compensation (RSU grant and tax withholding), which are neutral in terms of immediate positive or negative sentiment for the company's operational or financial performance.
Positives
- The grant of 1,050 restricted share units to the Chief Accounting Officer indicates ongoing executive compensation and retention efforts by Chart Industries.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This insider transaction is a routine compensation event for an executive and does not directly reflect broader industry trends or competitive positioning for Chart Industries.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Plan Utilization | Restricted share units were granted pursuant to the Chart Industries, Inc. 2024 Omnibus Equity Plan. | 01/02/2026 | Indicates the company's ongoing use of its approved equity compensation plan for executive incentives and retention. |
Stakeholder Impact
- Shareholders: Minor, routine dilution from the RSU grant, which is part of the approved executive compensation structure aimed at retaining key management. The tax withholding is a non-dilutive event.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Date of restricted share unit grant and disposition of shares for tax withholding. |
| 01/06/2026 | Date the Form 4 was signed and filed. |
Recommendation
holdThis Form 4 filing details routine insider transactions (RSU grant and tax withholding) for a Chief Accounting Officer. Such events are standard executive compensation practices and typically do not provide new material information that would alter an investment thesis or warrant a change in stock recommendation.
Keywords
Chart Industries, GTLS, Form 4, Insider Transaction, Restricted Share Units, RSU Grant, Executive Compensation, Tax Withholding, Mark Durham, Chief Accounting Officer
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