Form 4: Linde PLC Executive Pfann Oliver Reports Stock Transactions
SEC Form 4 Filing
Senior Vice President Oliver Pfann reports acquisition and disposal of Linde PLC ordinary shares and stock options on August 16, 2024.
Summary
- On August 16, 2024, Oliver Pfann, Senior Vice President, EMEA of Linde PLC, engaged in multiple transactions involving the company's ordinary shares.
- Pfann acquired shares through the exercise of stock options at prices ranging from $173.13 to $354.14.
- He also disposed of shares to cover exercise costs and tax withholdings at prices around $454.
- The reported transactions resulted in Pfann holding 3,551.286 ordinary shares directly.
- Pfann also holds various restricted stock units and stock options with different vesting schedules and expiration dates.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment. It's a factual report.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 03/09/2021 | Start date for vesting of some stock options. |
| 03/08/2022 | Start date for vesting of some stock options. |
| 03/07/2023 | Start date for vesting of some stock options. |
| 03/07/2024 | Start date for vesting of some stock options. |
| 08/16/2024 | Date of the reported transactions (exercise of options and disposal of shares). |
| 03/07/2025 | Vesting start date for stock options and payout date for some restricted stock units. |
| 03/07/2026 | Payout date for some restricted stock units. |
| 03/07/2027 | Payout date for some restricted stock units. |
| 03/07/2030 | Expiration date for some stock options. |
| 03/08/2031 | Expiration date for some stock options. |
| 03/07/2032 | Expiration date for some stock options. |
| 03/07/2033 | Expiration date for some stock options. |
| 03/07/2034 | Expiration date for some stock options. |
| 08/20/2024 | Date of signature on the Form 4 filing. |
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