Chart Industries Insider Vinci Retains 21,996 Shares After 632-Share Surrender
Rhea-AI Filing Summary
Gerald F. Vinci, Vice President and Chief Human Resources Officer of Chart Industries, Inc. (GTLS), reported a Form 4 filing disclosing a small disposition of company common stock on 08/22/2025. Mr. Vinci surrendered 632 shares to satisfy tax withholding obligations in an exempt Rule 16b-3 transaction at an effective price of $197.46 per share. After the withholding sale, he directly beneficially owned 21,996 shares and his spouse held an indirect interest in 475 shares.
The filing was signed by an attorney-in-fact on Mr. Vinci’s behalf on 08/26/2025. The disclosure identifies his role as an officer (VP & Chief Human Resources Officer) and indicates this Form 4 was filed by a single reporting person.
Positive
- Continued insider ownership: Reporting person retained 21,996 shares directly after the transaction, indicating ongoing stake in GTLS.
- Transaction disclosed as Rule 16b-3 exempt: The surrender was reported as an exempt transaction, consistent with tax-withholding for equity awards.
Negative
- Surrendered shares for tax withholding: 632 shares were disposed of at $197.46 per share, reducing direct holdings.
- Limited detail on underlying award: The filing does not specify the grant or vesting event that triggered the withholding surrender.
Insights
TL;DR: Officer surrendered a small number of shares for tax withholding; retained substantial direct ownership.
The transaction reflects a routine, non-discretionary surrender of 632 shares to cover tax withholding tied to equity compensation, reported as an exempt Rule 16b-3 transaction. The reported post-transaction direct ownership of 21,996 shares signals continued insider alignment with shareholders. This Form 4 contains no indications of unusual trading activity or material change in insider ownership that would likely affect valuation.
TL;DR: Standard tax-withholding share surrender by an officer; governance implications minimal.
The filing documents a common administrative action following equity vesting or exercise: surrendering shares to satisfy withholding. The reporting person is an executive officer, and the disclosure properly lists both direct and indirect holdings. No governance red flags, related-party transactions, or unexplained transfers appear in this disclosure.