Air Prods & Chems Inc SEC Filings

Air Products & Chemicals director Bhavesh V. Patel received a compensation-related equity award. On March 31, 2026, he acquired 130.457 phantom stock units tied to Air Products & Chemicals common stock at a reference price of $291.56 per unit, under the company’s Deferred Compensation Program for Directors.

Following this grant, Patel holds a total of 1,826.5608 phantom stock units. According to the plan terms, these units will be settled in an equivalent number of common shares, generally after his board service ends, either in a lump sum or up to ten installments as previously elected.

Air Products & Chemicals director Jessica Graziano received a grant of 160.5036 phantom stock units on common stock, classified as a grant or award acquisition. The units reflect a reference price of $291.56 per unit and are part of the company's deferred compensation program for directors.

These phantom deferred stock units are payable in shares of common stock equal to the number of units, generally after her Board service ends. The units may be settled in a lump sum or in up to ten installments, as previously elected. Following this grant, she holds a total of 3,259.0713 phantom stock units.

Evans Andrew W reported acquisition or exercise transactions in this Form 4 filing.

Air Products & Chemicals, Inc. director Andrew W. Evans received a grant of 7.564 phantom deferred stock units on the company’s stock account under its Deferred Compensation Program for Directors and Long-Term Incentive Plan. These units track the value of common stock and increased his holdings to 1,239.6126 units.

The units are payable in shares of common stock equal to the number of units, generally after his service on the Board ends, in either a lump sum or up to ten installments, as elected in advance. This filing reflects compensation, not an open-market share purchase or sale.

CALAWAY TONIT M reported acquisition or exercise transactions in this Form 4 filing.

Air Products & Chemicals, Inc. director Tonit M. Calaway received a grant of phantom stock units under the company’s Deferred Compensation Program for Directors. The award covers 18.8644 phantom stock units tied to the value of common shares at a reference price of $291.56 per unit.

Following this grant, Calaway holds a total of 3,091.5469 phantom stock units. These units are payable in shares of common stock after board service ends, at a time and in either a lump sum or up to ten installments previously elected by the director.

The Vanguard Group filed Amendment No. 15 to its Schedule 13G/A for Air Products and Chemicals Inc reporting 0 shares (0%) of Common Stock. The filing states Vanguard disaggregated certain subsidiaries following an internal realignment on January 12, 2026, and lists 0 sole and shared voting and dispositive powers.

Capital International Investors, a division of Capital Research and Management Company and its investment management affiliates, reported a passive ownership stake in Air Products and Chemicals, Inc. common stock. As of 12/31/2025, it was deemed the beneficial owner of 12,991,267 shares, representing 5.8% of the 222,591,758 shares believed to be outstanding.

The firm reports sole voting power over 12,842,341 shares and sole dispositive power over 12,991,267 shares, with no shared voting or dispositive power. It certified that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the company.

Mantle Ridge LP, Eagle Advisor LLC, and Paul C. Hilal reported several changes in their indirect holdings of Air Products & Chemicals, Inc. (APD) common stock. On February 12, 2026, entities they control caused the Eagle Funds to distribute 3,943,847 shares of APD on a pro rata basis to direct and indirect owners of the Eagle Funds, with no consideration paid for these distributions.

The filing also shows an indirect open‑market sale of 70,175 APD shares at $284.21 per share, leaving 93,499 shares indirectly owned after that transaction, and a separate bona fide gift of 1,759 shares, described as contributions by Paul C. Hilal to charitable organizations, leaving 91,740 shares indirectly owned. The reporting parties state they may be deemed beneficial owners through control relationships but disclaim beneficial ownership except to the extent of any pecuniary interest.

A holder of 70,175 shares of common stock, par value $1.00 per share, has filed a Form 144 notice to sell these shares through Goldman Sachs & Co. LLC on the NYSE. The planned sale has an aggregate market value of $20,456,012.50 and an approximate sale date of 02/12/2026.

The shares were acquired on 11/18/2024 through the settlement of forward transactions with a third-party financial institution and were paid for in cash. The issuer had 222,656,008 shares outstanding, providing context for the size of this planned sale.

Air Products and Chemicals delivered a stronger first quarter of fiscal 2026, with sales of $3,102.5 million, up from $2,931.5 million. Growth came from higher energy cost pass-through, favorable currency and better pricing, while overall volumes were flat as weaker helium demand offset higher on‑site volumes.

Operating income rose to $734.5 million from $643.6 million, lifting operating margin to 23.7% from 22.0%. Net income attributable to Air Products increased to $678.2 million, and diluted EPS climbed to $3.04 from $2.77.

Cash provided by operating activities improved to $900.7 million, supporting heavy investment, as additions to plant and equipment reached $1,251.2 million. The company also recorded $28.3 million of additional project exit charges, bringing cumulative exit‑related costs to about $3.6 billion through 31 December 2025, mostly noncash asset write‑downs tied to clean‑energy and sustainable fuel projects.