Form 4: Chart Industries VP Reports Stock Transactions

Herbert Hotchkiss, VP, GC, and Secretary of Chart Industries, reported the acquisition of 5,700 restricted stock units and the disposition of 742 shares for tax withholding purposes.

Summary

• Herbert Hotchkiss, VP, General Counsel, and Secretary of Chart Industries, Inc. (GTLS), reported changes in his beneficial ownership.
• On January 2, 2026, Mr. Hotchkiss acquired 5,700 shares of common stock through a grant of restricted share units under the Chart Industries, Inc. 2024 Omnibus Equity Plan.
• On the same date, he disposed of 742 shares of common stock at a price of $206.23 per share to satisfy tax withholding liabilities related to the restricted share units.
• Following these transactions, Mr. Hotchkiss directly beneficially owns 22,828 shares of common stock and indirectly owns 296 shares through his spouse's IRA.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions involving the grant of restricted stock units and subsequent tax-related share disposition, which is a neutral event for company fundamentals.

Positives

• The grant of 5,700 restricted share units to a key executive aligns management's interests with long-term shareholder value.

Negatives

• The disposition of 742 shares for tax withholding is a standard practice and not indicative of a negative outlook.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The grant of restricted stock units to an executive can align management incentives with shareholder interests. The tax-related disposition is a routine event with minimal impact.
• Employees: The grant is part of an equity plan, which can be a component of executive compensation and retention strategies.

Key Dates

Recommendation

This Form 4 filing details routine insider transactions, specifically the grant of restricted stock units to a key executive and the subsequent disposition of shares for tax withholding. Such transactions are standard compensation practices and do not provide new fundamental information about the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as the filing does not present new catalysts for significant price movement.

Keywords

Chart Industries, GTLS, Herbert Hotchkiss, Insider Transaction, Form 4, Restricted Stock Units, Equity Plan, Tax Withholding, Beneficial Ownership