Linde (NYSE: LIN) SVP nets 1,973 shares after RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Linde plc senior vice president of Linde Engineering, Stefanos Innocenzi, reported equity compensation activity involving Restricted Stock Units and stock options. On June 8, 2026, 4,035 Restricted Stock Units vested and were converted into 4,035 Ordinary Shares on a one-for-one basis pursuant to a grant made on June 5, 2023.
Of these shares, 2,062 Ordinary Shares were withheld to cover tax obligations, leaving 1,973 Ordinary Shares in his direct ownership. He also continues to hold stock options over 1,520, 1,597 and 6,106 Ordinary Shares at exercise prices of $465.29, $468.77 and $483.62, respectively, with expirations between March 2024 and March 2036, plus additional unvested RSUs scheduled to pay out between March 2026 and March 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,035 shares exercised/converted
Mixed
9 txns
Insider
Innocenzi Stefanos
Role
SVP, Linde Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,035 | $0.00 | -- |
| Exercise | Ordinary Shares | 4,035 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 2,062 | $507.90 | $1.05M |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 4,035 shares (Direct, null);
Stock Options (right to buy) — 6,106 shares (Direct, null)
Footnotes (1)
- Ordinary shares acquired pursuant to the payout of a restricted stock unit grant made on June 5, 2023. Ordinary shares withheld from the payout to cover tax withholdings. Conversion to Linde plc Ordinary Shares is on a one-for-one basis. Restricted Stock Units that will vest in full and payout on or about March 9, 2029 in Linde plc Ordinary Shares on a one-for-one basis. Restricted Stock Units that will vest in full and payout on or about March 7, 2028 in Linde plc Ordinary Shares on a one-for-one basis. Restricted Stock Units that will vest in full and payout on or about March 7, 2026 in Linde plc Ordinary Shares on a one-for-one basis. Restricted Stock Units that will vest in full and payout on or about March 7, 2027 in Linde plc Ordinary Shares on a one-for-one basis. Restricted Stock Units that vested in full and paid out on June 8, 2026 in Linde plc Ordinary Shares on a one-for-one basis. This option vests over three years in three consecutive equal annual installments beginning on March 9, 2027. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2026. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2025.
Key Figures
RSUs vested and converted: 4,035 shares
Shares withheld for taxes: 2,062 shares at $507.90
Shares held after transactions: 1,973 shares
+3 more
6 metrics
RSUs vested and converted
4,035 shares
Restricted Stock Units converted to Linde plc Ordinary Shares on June 8, 2026
Shares withheld for taxes
2,062 shares at $507.90
Ordinary Shares withheld to cover tax withholdings on RSU payout
Shares held after transactions
1,973 shares
Direct Linde plc Ordinary Shares following RSU vesting and tax withholding
Stock option position 1
1,520 shares at $465.29
Stock options over Ordinary Shares expiring March 7, 2034
Stock option position 2
1,597 shares at $468.77
Stock options over Ordinary Shares expiring March 7, 2035
Stock option position 3
6,106 shares at $483.62
Stock options over Ordinary Shares expiring March 9, 2036
Key Terms
Restricted Stock Units, Stock Options (right to buy), Payment of exercise price or tax liability by delivering securities, Exercise or conversion of derivative security, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units that vested in full and paid out on June 8, 2026 in Linde plc Ordinary Shares on a one-for-one basis."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Stock Options (right to buy) financial
"Stock Options (right to buy) with underlying security title Ordinary Shares and specified exercise prices."
Payment of exercise price or tax liability by delivering securities financial
"Payment of exercise price or tax liability by delivering securities."
Exercise or conversion of derivative security financial
"Exercise or conversion of derivative security."
one-for-one basis financial
"Conversion to Linde plc Ordinary Shares is on a one-for-one basis."
FAQ
What insider equity transactions did LIN SVP Stefanos Innocenzi report?
SVP Stefanos Innocenzi reported vesting of 4,035 Restricted Stock Units that converted into 4,035 Linde plc Ordinary Shares. A portion was withheld for taxes, with the remaining shares added to his direct ownership position.
Were any of Stefanos Innocenzi’s LIN transactions open-market buys or sells?
No open-market purchases or sales were reported. The Form 4 shows RSU vesting, a derivative exercise transaction, and a tax-withholding disposition, all related to equity compensation rather than discretionary market trades in Linde plc shares.
What future RSU vesting is disclosed for LIN SVP Stefanos Innocenzi?
The filing shows Restricted Stock Units that will vest and pay out in Linde plc Ordinary Shares on or about March 7, 2026, March 7, 2027, March 7, 2028, and March 9, 2029. Each RSU converts into one Ordinary Share upon payout.