Form 4: Linde PLC Director Grant Acquires Deferred Stock Units
SEC Form 4 Filing
Director Hugh Grant reports acquisition of deferred stock units in Linde PLC under the Non-Employee Director Deferral Plan.
Summary
- Director Hugh Grant reported changes in beneficial ownership of Linde PLC securities on October 2, 2024.
- The transactions include the acquisition of 68.418 deferred stock units under the Linde Non-Employee Director Deferral Plan on October 1, 2024.
- These deferred stock units convert to Linde plc Ordinary Shares on a 1-for-1 basis.
- Grant also directly owns 598.992 Ordinary Shares and 477 Restricted Stock Units.
Sentiment
Score: 7
Explanation: The document reflects standard director compensation practices and insider trading reporting, indicating stable corporate governance.
Future Outlook
The deferred stock units will payout in Linde plc Ordinary Shares on a one-for-one basis in accordance with the Plan.
Industry Context
This filing is a routine disclosure of a director's holdings and transactions, common for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it involves deferred compensation for a director.
Key Dates
| Date | Description |
|---|---|
| March 7, 2024 | Date of grant for Restricted Stock Units, vesting one year after this date. |
| October 1, 2024 | Date of transaction: Acquisition of deferred stock units. |
| October 2, 2024 | Date of filing: Form 4 filing date. |
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