4/A: Linde PLC Executive VP Sean Durbin Reports Stock Transactions
SEC Form 4/A (Amendment to Statement of Changes in Beneficial Ownership)
Executive VP of Linde PLC, Sean Durbin, reports the acquisition and disposal of ordinary shares and derivative securities, including stock options and restricted stock units, in a recent SEC filing.
Summary
- Sean Durbin, Executive VP of North America at Linde PLC, filed a Form 4/A with the SEC detailing changes in beneficial ownership.
- On August 16, 2024, Durbin acquired 12,170 ordinary shares at $154 and disposed of 4,169 shares at $456.42.
- He also disposed of 8,001 shares to cover tax withholdings at a price of $456.48.
- Following these transactions, Durbin beneficially owns 8,150.567 ordinary shares.
- The filing also details Durbin's holdings of various stock options and restricted stock units with different vesting schedules and exercise prices.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, so the sentiment is neutral.
Future Outlook
The document primarily reports past transactions and holdings, with vesting schedules for stock options and restricted stock units extending into the future.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies and are routinely disclosed to the SEC to ensure transparency and prevent insider trading.
Stakeholder Impact
- The reported transactions may be of interest to shareholders as they provide insight into the executive's holdings and trading activity.
- The transactions have no immediate impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/27/2019 | Date of stock options grant that vests over three years. |
| 03/20/2020 | Date of stock options grant that vests over three years. |
| 03/09/2021 | Date of stock options grant that vests over three years. |
| 03/08/2022 | Date of stock options grant that vests over three years. |
| 03/07/2023 | Date of stock options grant that vests over three years. |
| 03/03/2023 | Date stock options granted February 28, 2017, were exercised in full. |
| 03/07/2024 | Date of stock options grant that vests over three years. |
| 03/11/2024 | Date of original Form 4 filing with incorrect stock option number. |
| 08/16/2024 | Date of transactions: acquisition and disposal of ordinary shares. |
| 08/16/2024 | Date of stock options grant. |
| 08/23/2024 | Date of signature on the amended form. |
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