Air Products (APD) EVP & CFO discloses stock awards and tax share sales

Rhea-AI Filing Summary

Air Products & Chemicals executive reports equity transactions involving company common stock. The Executive Vice President and CFO reported multiple stock awards and related share withholdings between 12/01/2025 and 12/03/2025. On 12/01/2025 and 12/02/2025, the officer acquired 5,152 and 3,205 shares of common stock, respectively, at a stated price of $0.0000, reflecting non-cash awards. On 12/02/2025, the officer disposed of 709 and 1,402 shares at $261.28 per share, typically consistent with tax withholding on vesting. After these transactions, the officer directly held 16,926 shares. On 12/03/2025, an additional 43.874 shares were acquired at a stated price of $0.0000, bringing 455.245 shares held indirectly by an RSP account.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Schaeffer Melissa N.

Role Exec Vice President and CFO

Type	Security	Shares	Price	Value
Other	Common Stock	43.874	$0.00	--
Grant/Award	Common Stock	3,205	$0.00	--
Tax Withholding	Common Stock	709	$261.28	$185K
Tax Withholding	Common Stock	1,402	$261.28	$366K
Grant/Award	Common Stock	5,152	$0.00	--

Holdings After Transaction: Common Stock — 455.245 shares (Indirect, By RSP); Common Stock — 19,037 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

Schaeffer Melissa N.

(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)
	Exec Vice President and CFO

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		5,152	A	$0.0000(1)	15,832	D
Common Stock	12/02/2025		A		3,205	A	$0.0000(1)	19,037	D
Common Stock	12/02/2025		F		709	D	$261.28	18,328	D
Common Stock	12/02/2025		F		1,402	D	$261.28	16,926	D
Common Stock	12/03/2025		J		43.874	A	$0.0000(1)	455.245	I	By RSP

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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider activity did APD report in this Form 4?

The Executive Vice President and CFO of Air Products & Chemicals, Inc. (APD) reported multiple transactions in company common stock between 12/01/2025 and 12/03/2025, including stock awards, share withholdings, and an indirect holding through an RSP account.

How many APD shares did the officer acquire through stock awards?

The officer acquired 5,152 shares of APD common stock on 12/01/2025 and 3,205 shares on 12/02/2025, both at a stated price of $0.0000 per share, reflecting non-cash equity awards.

What share disposals did the APD executive report?

On 12/02/2025, the officer reported disposing of 709 and 1,402 APD common shares at $261.28 per share, reported with transaction code F, which is commonly used for shares withheld to cover taxes on vesting.

How many APD shares does the officer hold directly after these transactions?

Following the reported transactions, the officer held 16,926 APD common shares in direct ownership.

What indirect APD share ownership was disclosed?

On 12/03/2025, the officer acquired 43.874 additional APD shares at a stated price of $0.0000, resulting in 455.245 shares held indirectly, noted as By RSP (a retirement or savings plan arrangement).

What is the reporting persons role at Air Products & Chemicals (APD)?

The reporting person is an officer of Air Products & Chemicals, Inc., serving as Executive Vice President and Chief Financial Officer.