Form 4: Chart Industries Director Receives Equity Grant

Spencer S. Stiles, a Director at Chart Industries, Inc., was granted 193 shares of common stock as part of the company's 2024 Omnibus Equity Plan.

Summary

• Spencer S. Stiles, a Director of Chart Industries, Inc. (GTLS), acquired 193 shares of common stock.
• The transaction occurred on January 2, 2026, and was a grant under the Chart Industries, Inc. 2024 Omnibus Equity Plan.
• The shares were granted at a price of $0, indicating an equity award rather than a purchase.
• Following this transaction, Mr. Stiles beneficially owns 3,062 shares of common stock.
• The acquisition was made pursuant to a Rule 10b5-1(c) pre-planned contract, instruction, or written plan.
• The securities are deferred under the stock award agreement until a future date.

Sentiment

Score: 6

Explanation: The filing indicates a routine equity grant to a director, which is generally a neutral to slightly positive event as it aligns management's interests with shareholders. It does not suggest any significant operational or financial changes.

Positives

• The equity grant aligns the director's financial interests with those of the shareholders, promoting long-term value creation.
• The transaction was conducted under a Rule 10b5-1(c) plan, indicating a pre-planned and transparent approach to insider transactions.

Future Outlook

The granted securities are deferred under the stock award agreement until a future, unspecified date.

Industry Context

The grant of equity to a director is a common practice in publicly traded companies across various industries, serving as a form of compensation and a mechanism to align the interests of the board with those of the shareholders.

Comparison to Industry Standards

• The grant of equity to a director is a standard practice across industries for executive and board compensation, aiming to align the interests of leadership with those of shareholders.
• This type of compensation is consistent with typical corporate governance practices seen in publicly traded companies, including those in the industrial and energy sectors where Chart Industries operates.

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of shares to a director can be seen as a positive for shareholders as it further aligns the director's financial incentives with the company's performance and shareholder value.

Next Steps

• The deferred shares will be released to the director at a future date as per the stock award agreement.

Key Dates

Keywords

GTLS, Chart Industries, Spencer S. Stiles, Form 4, Insider Transaction, Equity Grant, Director Compensation, 10b5-1 Plan