Chart Industries director shares canceled at $210
Chart Industries director Linda S. Harty reported an issuer disposition of 14,742 shares of common stock on 2026-07-16.
Accepted by SEC EDGAR
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Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Chart Industries director Linda S. Harty reported an issuer disposition of 14,742 shares of common stock on 2026-07-16. Under an Agreement and Plan of Merger with Baker Hughes Company, these shares were automatically canceled and converted into the right to receive $210.00 per share in cash merger consideration, leaving her with 0 shares directly held.
Insider Trade Summary
Disposition: 14,742 shares
Disposition
1 txn
Insider
Harty Linda S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common stock, par value $0.01 per share F1 | 14,742 | $210.00 | $3.10M |
Holdings After Transaction:
Common stock, par value $0.01 per share — 0 shares (Direct)
Footnotes (1)
- F1. Pursuant to that certain Agreement and Plan of Merger, dated as of July 28, 2025 (the "Merger Agreement"), by and among Baker Hughes Company, Tango Merger Sub, Inc. and Chart Industries, Inc. (the "Company"), at the Effective Time (as defined in the Merger Agreement), the shares of common stock (the "Chart Common Stock") were automatically canceled and converted into the right to receive a cash payment of $210.00 per share of Chart Common Stock (the "Merger Consideration").
Key Figures
Shares disposed: 14,742 shares
Price per share: $210.00 per share
Shares held after: 0 shares
+1 more
4 metrics
Shares disposed
14,742 shares
Common stock disposed to issuer in connection with the merger
Price per share
$210.00 per share
Cash Merger Consideration for each share of Chart Common Stock
Shares held after
0 shares
Directly held Chart Industries common shares following the disposition
Transaction date
2026-07-16
Date of issuer disposition at the Effective Time of the merger
Key Terms
Agreement and Plan of Merger, Effective Time, Merger Consideration, Disposition to issuer
4 terms
Agreement and Plan of Merger regulatory
"Pursuant to that certain Agreement and Plan of Merger, dated as of July 28, 2025"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
Effective Time regulatory
"at the Effective Time (as defined in the Merger Agreement), the shares of common stock"
The exact clock time when a regulatory filing, approval, or corporate action formally becomes legally active; from that moment the change is binding and can be acted on. Investors care because the effective time marks when ownership, rights, trading rules, or new securities take effect — like a light switch turning on a contract or transaction — which determines when risks, benefits and market reactions begin.
Merger Consideration financial
"converted into the right to receive a cash payment of $210.00 per share of Chart Common Stock (the "Merger Consideration")"
Merger consideration is the total payment a company or buyer offers to shareholders of a target company in exchange for combining the two businesses, and can include cash, shares in the surviving company, debt assumption, or a mix of these. Investors care because the form and amount affect the deal’s value, tax consequences, immediate cash received versus future ownership, and the risk and upside of holding new shares — similar to choosing between cash now or stock that could grow later.
Disposition to issuer financial
"transaction code description: Disposition to issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Linda S. Harty report for GTLS?
Linda S. Harty reported an issuer disposition of 14,742 Chart Industries common shares. At the Effective Time of a merger with Baker Hughes Company, these shares were automatically canceled and converted into the right to receive $210.00 per share in cash merger consideration.
What corporate event triggered Linda S. Harty’s Form 4 filing for GTLS?
The filing reflects the closing of an Agreement and Plan of Merger involving Baker Hughes Company, Tango Merger Sub, Inc. and Chart Industries. At the Effective Time, all Chart Common Stock, including Harty’s shares, was canceled and converted into cash Merger Consideration of $210.00 per share.
Was Linda S. Harty’s GTLS transaction an open-market sale?
No. The transaction is coded as a Disposition to issuer (code D) and occurred automatically under the merger terms. Her Chart Common Stock was canceled and converted into cash Merger Consideration, rather than sold in an open-market transaction at a negotiated sale price.
AI-generated analysis. How Rhea-AI works. Not financial advice.
