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GTLS Insider Update: Director Adds 246 Deferred Shares

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

The Form 4 filing discloses that Paul E. Mahoney, a director of Chart Industries, Inc. (GTLS), received an equity award of 246 shares of the company’s common stock on July 1 2025. The shares were granted at $0.00 under the company’s 2024 Omnibus Equity Plan and are deferred in accordance with the award agreement. Following the grant, Mahoney’s directly held ownership increased to 3,170 shares.

The transaction is coded “A” (acquisition) and is exempt from Section 16(b) short-swing profit rules. No derivative securities were reported, and there is no indication of sales or dispositions. Because the award represents a small fraction of Chart Industries’ total shares outstanding, the filing is primarily informational, signalling routine director compensation rather than a material change in insider ownership or the company’s capital structure.

Positive

  • None.

Negative

  • None.

Insights

TL;DR Routine Form 4 shows director awarded 246 deferred shares; immaterial for valuation, but positive for governance alignment.

The grant adds roughly 8% to Mahoney’s personal holdings, lifting them to 3,170 shares, yet it is de minimis versus Chart Industries’ float. Such awards are typical board compensation tools aimed at aligning director incentives with shareholder interests. No cash was involved and no shares were sold, so there is no negative liquidity signal. Investors should view the filing as neutral to modestly positive from a governance perspective, with negligible financial impact on GTLS valuation or dilution metrics.

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*
Mahoney Paul E

(Last) (First) (Middle)
C/O CHART INDUSTRIES, INC.
2200 AIRPORT INDUSTRIAL DRIVE, SUITE 100

(Street)
BALL GROUND GA 30107

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
CHART INDUSTRIES INC [ GTLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
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, par value $0.01 per share(1) 07/01/2025 A 246 A $0 3,170 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. These securities were granted on July 1, 2025, in an exempt transaction, pursuant to the terms of a stock award agreement under the Chart Industries, Inc. 2024 Omnibus Equity Plan, and deferred under the stock award agreement until a future date.
Remarks:
/s/ Paul E. Mahoney, by Arthur C. Hall III, his attorney-in-fact 07/03/2025
** 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

Who is the insider named in the GTLS Form 4 filing?

Paul E. Mahoney, a director of Chart Industries, Inc.

How many Chart Industries shares were acquired by the director?

He received 246 shares of common stock.

What was the transaction date for the share grant?

The shares were granted on July 1 2025.

Under which equity plan were the shares awarded?

The grant was made under the 2024 Omnibus Equity Plan.

What is the director’s total beneficial ownership after the transaction?

Mahoney now directly owns 3,170 shares of GTLS.

Was any cash paid for the shares in this transaction?

No. The shares were granted at a price of $0.00.
Chart Industries

NYSE:GTLS

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GTLS Stock Data

9.23B
44.69M
0.6%
110.55%
9.86%
Specialty Industrial Machinery
Fabricated Plate Work (boiler Shops)
Link
United States
THE WOODLANDS