Form 4: Chart Industries CFO Acquires Shares, Covers Taxes

Chart Industries' CFO, Joseph Brinkman, acquired 1,072 shares through vested performance units and subsequently disposed of 262 shares for tax withholding.

Summary

• Joseph Robert Brinkman, VP & Chief Financial Officer of Chart Industries Inc. (GTLS), reported changes in his beneficial ownership of common stock.
• On February 24, 2026, Brinkman acquired 1,072 shares of common stock through the vesting of performance units. These units were originally granted on January 3, 2023, under the Chart Industries, Inc. 2017 Omnibus Equity Plan.
• Concurrently, on February 24, 2026, Brinkman disposed of 262 shares of common stock at a price of $207.58 per share. This disposition was an exempt transaction under Rule 16b-3, made to satisfy tax withholding liabilities related to the vested performance units.
• Following these transactions, Brinkman's direct beneficial ownership of Chart Industries common stock stands at 15,753 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a routine insider transaction, reflecting the vesting of previously granted equity awards, which is a standard component of executive compensation.

Positives

• CFO Joseph Brinkman increased his direct beneficial ownership by 1,072 shares through the vesting of performance units, aligning his interests further with shareholders.

Negatives

• CFO Joseph Brinkman disposed of 262 shares to cover tax withholding liabilities, which is a standard practice but results in a reduction of shares from the gross vested amount.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions and typically do not provide broader industry context.

Stakeholder Impact

• Shareholders: The vesting of performance units and subsequent acquisition of shares by the CFO demonstrates continued alignment of management's interests with shareholder value. The tax-related disposition is a routine event and does not indicate a change in company fundamentals.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction involving the vesting of performance units and subsequent tax-related share disposition. It does not provide new fundamental information to alter an investment thesis, thus a 'hold' recommendation is appropriate.

Keywords

Chart Industries, GTLS, Joseph Brinkman, CFO, insider trading, Form 4, stock acquisition, performance units, equity plan, tax withholding