Form 4: Chart Industries CTO Reports Routine Stock Disposition for Tax Obligations

Joseph A. Belling, Chief Technology Officer of Chart Industries, reported the disposition of 101 shares of common stock to cover tax withholding obligations at a price of $158.79 per share.

Summary

• Joseph A. Belling, the Chief Technology Officer of Chart Industries Inc. (GTLS), filed a Form 4 reporting a change in beneficial ownership.
• On May 21, 2025, Mr. Belling disposed of 101 shares of Chart Industries common stock.
• The disposition was made at a price of $158.79 per share.
• This transaction (Code 'F') indicates a disposition to the issuer to satisfy tax withholding obligations related to equity awards.
• Following this transaction, Mr. Belling beneficially owns 13,140 shares of Chart Industries common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine disposition of shares for tax purposes by an insider, which is a neutral event and does not indicate a change in company fundamentals or outlook.

Positives

• The transaction is a routine disposition of shares to cover tax withholding obligations, which is a common and expected event for executives receiving equity compensation.

Negatives

• The disposition of shares, while routine for tax purposes, represents a reduction in the insider's direct holdings, though it is not indicative of a negative outlook on the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is an individual insider transaction report and does not provide broader industry context or trends. It reflects a routine compensation-related event for an executive.

Related Party Transactions

• The disposition of shares was made to the issuer (Chart Industries Inc.) to satisfy tax withholding obligations, which is a common form of related-party transaction in the context of executive compensation.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, small-scale transaction by an insider for tax purposes, not a sale driven by a change in investment sentiment.
• Employees: No direct impact on the broader employee base is indicated by this filing.

Key Dates

Keywords

Chart Industries, GTLS, Form 4, Insider Transaction, Stock Disposition, Joseph A. Belling, Chief Technology Officer, Tax Withholding