Air Products (APD) President, Asia reports December 2025 insider stock trades

Rhea-AI Filing Summary

Air Products & Chemicals executive, listed as President, Asia, reported insider transactions in company common stock. On December 1, 2025, the executive acquired 1,873 shares at a stated price of $0.0000, and on December 3, 2025, acquired another 144 shares at $0.0000, likely reflecting equity awards. Also on December 3, the executive disposed of 65 shares and 80 shares at $261.28 per share, coded as “F,” indicating shares withheld to cover taxes or similar obligations. After these transactions, the executive directly owned 3,334 shares of Air Products & Chemicals common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Lefevere Kurt

(Last) (First) (Middle)

1940 AIR PRODUCTS BLVD.

(Street)

ALLENTOWN PA 18106-5500

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Air Products & Chemicals, Inc. [ APD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Asia

3. Date of Earliest Transaction (Month/Day/Year)
12/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/01/2025		A		1,873	A	$0.0000(1)	3,335	D
Common Stock	12/03/2025		A		144	A	$0.0000(1)	3,479	D
Common Stock	12/03/2025		F		65	D	$261.28	3,414	D
Common Stock	12/03/2025		F		80	D	$261.28	3,334	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Not applicable to this security

	Andrea I. Rennig as Attorney in Fact	12/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider stock transactions did APD report for early December 2025?

The President, Asia of Air Products & Chemicals (APD) reported several transactions in company common stock. On December 1, 2025, the executive acquired 1,873 shares at a stated price of $0.0000. On December 3, 2025, the executive acquired another 144 shares at $0.0000, and disposed of 65 shares and 80 shares at $261.28 per share.

How many APD shares does the reporting insider own after these transactions?

Following the reported transactions, the executive directly owned 3,334 shares of Air Products & Chemicals common stock. The ownership form is listed as Direct (D).

What do the transaction codes A and F mean in the APD Form 4?

In the report for Air Products & Chemicals, code A indicates shares acquired, including 1,873 shares on December 1, 2025 and 144 shares on December 3, 2025 at a stated price of $0.0000. Code F on December 3, 2025 covers disposals of 65 shares and 80 shares at $261.28 per share, typically used for shares withheld to cover tax or similar obligations.

What role does the reporting person hold at Air Products & Chemicals (APD)?

The reporting person is identified as an Officer of Air Products & Chemicals with the title President, Asia. The report is filed by one reporting person, not a group.

Are any derivative securities reported for the APD insider in this Form 4?

The section for Derivative Securities shows table headings but no specific derivative transactions or holdings are listed. The explanation of responses notes that the referenced footnote is not applicable to this security.

Who signed the APD insider transaction report and on what date?

The report was signed by Andrea I. Rennig as Attorney in Fact for the reporting person on December 3, 2025.