Chart Industries (GTLS) VP awarded 1,242 shares, surrenders 374 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chart Industries VP, General Counsel and Secretary Herbert Hotchkiss reported equity compensation activity involving company common stock. On February 24, 2026, he acquired 1,242 shares at $0.00 per share as a grant, representing vested performance units under the 2017 Omnibus Equity Plan paid out in stock.
On the same date, he disposed of 374 shares at $207.58 per share to cover tax withholding obligations in a transaction exempt under Rule 16b-3, leaving 23,696 shares held directly afterward. He also reports 296 shares held indirectly through his spouse’s IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Hotchkiss Herbert
Role
VP, GC and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock, par value $0.01 per share | 1,242 | $0.00 | -- |
| Tax Withholding | Common stock, par value $0.01 per share | 374 | $207.58 | $78K |
| holding | Common stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common stock, par value $0.01 per share — 24,070 shares (Direct);
Common stock, par value $0.01 per share — 296 shares (Indirect, By Spouse's IRA)
Footnotes (1)
- Represents performance units granted on January 3, 2023, under the Chart Industries, Inc. 2017 Omnibus Equity Plan, that have vested and are paid out in shares of common stock. The reporting person surrendered 374 shares to satisfy tax withholding liabilities in an exempt transaction under Rule 16b-3.
FAQ
What insider transactions did GTLS executive Herbert Hotchkiss report?
Herbert Hotchkiss reported receiving 1,242 Chart Industries shares as vested performance units and surrendering 374 shares to cover tax withholding. After these transactions, he directly held 23,696 shares and reported 296 shares held indirectly through his spouse’s IRA.
What plan governed the GTLS performance units granted to Herbert Hotchkiss?
The performance units that vested into 1,242 Chart Industries shares were granted on January 3, 2023, under the Chart Industries, Inc. 2017 Omnibus Equity Plan. Upon vesting, those units were settled in shares of common stock credited to Herbert Hotchkiss.