Air Products insider uses 418 shares for taxes
APD’s EVP & General Counsel reported 418 shares withheld or delivered to cover option exercise price or taxes, with over 5,100 shares remaining held directly.
Rhea-AI Filing Summary
Air Products & Chemicals, Inc. (APD) insider Matthew Lepore, EVP & General Counsel, reported a Form 4 for August 18, 2026. He had 418 shares of common stock withheld or delivered at $303.62 per share for payment of exercise price or tax liability, leaving 5,160 shares held directly and 28.94 shares held indirectly through an arrangement noted as "By RSP." No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 418 shares
Exercise Price or Tax Liability
2 txns
Insider
LEPORE MATTHEW
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 418 | $303.62 | $127K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,160 shares (Direct);
Common Stock — 28.94 shares (Indirect, By RSP)
Key Figures
Shares withheld or delivered: 418 shares
Per-share value for tax/exercise payment: $303.62 per share
Direct holdings after transaction: 5,160 shares
+2 more
5 metrics
Shares withheld or delivered
418 shares
Common stock used for payment of exercise price or tax liability on August 18, 2026
Per-share value for tax/exercise payment
$303.62 per share
Applied to 418 shares in the August 18, 2026 code F transaction
Direct holdings after transaction
5,160 shares
APD common stock held directly by Matthew Lepore following the reported event
Indirect holdings after transaction
28.94 shares
APD common stock held indirectly by Matthew Lepore, noted as “By RSP”
Exercise-price-or-tax-liability shares
418 shares
Shares reported in a code F disposition for payment of exercise price or tax liability
Key Terms
Code F transaction, Payment of exercise price or tax liability, Rule 10b5-1, Indirect ownership
4 terms
Code F transaction regulatory
"The Form 4 describes a code F transaction, meaning 418 shares were withheld"
Payment of exercise price or tax liability financial
"418 shares of common stock withheld or delivered for payment of exercise price or tax liability"
Rule 10b5-1 regulatory
"The transaction was not affirmed as made pursuant to a Rule 10b5-1 trading arrangement"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
Indirect ownership financial
"28.94 shares indirectly through an arrangement described as By RSP"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did APD insider Matthew Lepore report on this Form 4 for Air Products & Chemicals, Inc. (APD)?
He reported that 418 shares of APD common stock were withheld or delivered on August 18, 2026 to cover exercise price or tax liability, at a reported value of $303.62 per share, related to his equity compensation.
Was the APD Form 4 transaction by Matthew Lepore a market sale or purchase?
No market sale or purchase is reported. The Form 4 describes a code F transaction, meaning 418 shares were withheld or delivered to pay exercise price or tax liability, rather than being sold or bought in the open market.
Was Matthew Lepore’s APD Form 4 transaction made under a Rule 10b5-1 trading plan?
The filing indicates no Rule 10b5-1 plan. The document-level checkbox shows that the transaction was not affirmed as being made pursuant to a Rule 10b5-1 trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
