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Chart Industries (NYSE: GTLS) chair cashed out 3,846 shares at $210 in merger

(Very High)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Chart Industries Inc. reported that Chair of the Board Andrew R. Cichocki disposed of 3,846 shares of common stock on July 16, 2026. In connection with a merger under an Agreement and Plan of Merger with Baker Hughes Company and Tango Merger Sub, Inc., these shares were automatically canceled and converted into the right to receive $210.00 in cash per share, leaving him with no directly held shares of Chart common stock.

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Insider CICHOCKI ANDREW R
Role Chair of the Board
Type Security Shares Price Value
Disposition Common stock, par value $0.01 per share 3,846 $210.00 $808K
Holdings After Transaction: Common stock, par value $0.01 per share — 0 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares disposed 3,846 shares Common stock canceled and converted to cash on July 16, 2026
Cash per share $210.00 per share Merger Consideration for each share of Chart common stock
Shares held after transaction 0 shares Direct holdings of Andrew R. Cichocki following merger-related disposition
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 the shares of common stock were automatically canceled"
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 as 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 D reflects a Disposition to issuer of common stock"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What insider transaction did CHART INDUSTRIES INC (GTLS) report for Andrew R. Cichocki?

Andrew R. Cichocki, Chair of the Board, reported a disposition of common stock. On July 16, 2026, 3,846 shares of Chart Industries common stock were canceled in a merger and converted into the right to receive $210.00 per share in cash.

How many GTLS shares were involved in Andrew R. Cichocki’s latest Form 4 filing?

The Form 4 reports that 3,846 shares of Chart Industries common stock were disposed of. These shares were automatically canceled at the merger’s Effective Time and converted into the right to receive $210.00 per share in cash consideration.

What price per share did Andrew R. Cichocki receive for his GTLS shares?

Each share of Chart Industries common stock was converted into the right to receive $210.00 in cash. This amount represents the defined Merger Consideration under the Agreement and Plan of Merger involving Baker Hughes Company and Tango Merger Sub, Inc.

Did Andrew R. Cichocki sell GTLS shares on the open market?

No, the Form 4 reflects a disposition to the issuer, not an open-market sale. The shares were automatically canceled at the merger’s Effective Time and converted into a cash payment of $210.00 per share under the merger terms.

How many GTLS shares does Andrew R. Cichocki hold after this reported transaction?

Following the reported transaction, Andrew R. Cichocki directly holds 0 shares of Chart Industries common stock. All 3,846 shares previously held were canceled in connection with the merger and converted into the right to receive the cash Merger Consideration.

What merger is referenced in the GTLS Form 4 for Andrew R. Cichocki?

The transaction occurred pursuant to an Agreement and Plan of Merger among Baker Hughes Company, Tango Merger Sub, Inc., and Chart Industries, Inc. At the merger’s Effective Time, Chart common shares were canceled and converted into $210.00 per share in cash.
SEC Form 4
FORM 4UNITED 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
X
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*
CICHOCKI ANDREW R

(Last)(First)(Middle)
C/O CHART INDUSTRIES, INC.
8665 NEW TRAILS DRIVE, SUITE 100

(Street)
THE WOODLANDS TEXAS 77381

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CHART INDUSTRIES INC [ GTLS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chair of the Board
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/16/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common stock, par value $0.01 per share07/16/2026D(1)3,846D$2100D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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").
Remarks:
/s/ Andrew R. Cichocki, by Arthur C. Hall III, his attorney-in-fact07/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)