Form 4: Chart Industries Director Boosts Equity Holdings

Chart Industries Director Linda S. Harty acquired 193 shares via an equity plan award and converted 5,000 depositary shares into 1,763 common shares.

Summary

• Linda S. Harty, a Director of Chart Industries Inc. (GTLS), acquired 193 shares of common stock on January 2, 2026.
• These shares were granted as an exempt transaction under the Chart Industries, Inc. 2024 Omnibus Equity Plan, with a reported price of $0.
• Harty's direct holdings also increased by 1,763 shares of common stock due to the mandatory and automatic conversion of 5,000 Depositary Shares.
• The conversion rate for the Depositary Shares was 0.3526 shares of Common Stock per Depositary Share.
• Following these reported transactions, Linda S. Harty beneficially owns a total of 14,358 shares of Chart Industries common stock.

Sentiment

Score: 6

Explanation: The filing reports an increase in a director's beneficial ownership through a stock award and conversion of depositary shares, which is generally viewed as a positive alignment of interests, though not a significant market-moving event.

Positives

• A director receiving stock awards aligns their interests with those of the company's shareholders.
• The conversion of depositary shares into common stock increases the director's direct ownership in the company.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Director Linda S. Harty received 193 shares of common stock as an award under the company's 2024 Omnibus Equity Plan, representing a transaction between the company and a related party.

Stakeholder Impact

• Shareholders: The increase in director equity ownership through stock awards and conversions generally signals a stronger alignment of management's interests with those of shareholders.

Key Dates

Recommendation

This Form 4 reports a routine insider transaction where a director received a stock award and converted depositary shares, increasing their beneficial ownership. While positive for aligning interests, it does not present new fundamental information that would alter an existing investment thesis or warrant a change from a 'hold' recommendation.

Keywords

Chart Industries, GTLS, Insider Transaction, Stock Award, Equity Plan, Director Ownership, SEC Form 4, Common Stock, Depositary Shares