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

Herbert Hotchkiss, VP, GC and Secretary of Chart Industries, reported the disposition of 95 shares of common stock to cover tax withholding obligations at a price of $158.79 per share.

Summary

• The filing is a Form 4, reporting a change in beneficial ownership of securities by an insider.
• The reporting person is Herbert Hotchkiss, who holds the position of VP, General Counsel, and Secretary at Chart Industries, Inc. (GTLS).
• On May 21, 2025, Mr. Hotchkiss disposed of 95 shares of Chart Industries common stock.
• The transaction code 'F' indicates that the disposition was made to satisfy tax withholding obligations.
• The shares were disposed of at a price of $158.79 per share.
• Following this transaction, Mr. Hotchkiss directly beneficially owns 17,870 shares of common stock.
• Additionally, 296 shares are indirectly beneficially owned through a spouse's IRA.

Sentiment

Score: 5

Explanation: A routine insider transaction for tax withholding purposes, which is neither positive nor negative for the company's operational performance or outlook.

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 a routine insider transaction report and does not provide information relevant to broader industry trends or competitive dynamics.

Stakeholder Impact

• Minimal direct impact on shareholders as it's a small, routine transaction for tax purposes and does not reflect a change in management's confidence in the company.

Key Dates

Recommendation

Keywords

Chart Industries, GTLS, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Herbert Hotchkiss