Linde plc (LIN) SVP Binod Patwari receives equity awards and option grant

Rhea-AI Filing Summary

Linde plc Senior Vice President – APAC Binod Patwari reported compensation-related equity activity. On March 9, 2026, he received performance share unit awards covering 548 Ordinary Shares tied to return on capital and 195 shares tied to relative total shareholder return for the 2023–2025 period, which then paid out into Ordinary Shares.

He also received 732 Restricted Stock Units and a new stock option grant over 5,967 Ordinary Shares with an exercise price of $483.6200 per share, vesting in three equal annual installments beginning March 9, 2027. As the PSUs and RSUs paid out, he acquired Ordinary Shares and 207 shares were withheld at $484.7400 per share to cover tax liabilities. Following these transactions, he directly holds 5,070 Linde plc Ordinary Shares and retains multiple unexercised option and RSU positions scheduled to vest through 2029.

SEC Form 4

FORM 4

UNITED 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

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^*

Patwari Binod

(Last) (First) (Middle)

C/O LINDE PLC

FORGE, 43 CHURCH STREET WEST

(Street)

WOKING SURREY X0 GU216HT

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LINDE PLC [ LIN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior Vice President - APAC

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	03/09/2026		M		548(1)	A	$0	4,887	D
Ordinary Shares	03/09/2026		F		121(2)	D	$484.74	4,766	D
Ordinary Shares	03/09/2026		M		195(1)	A	$0	4,961	D
Ordinary Shares	03/09/2026		F		43(2)	D	$484.74	4,918	D
Ordinary Shares	03/09/2026		M		195(3)	A	$0	5,113	D
Ordinary Shares	03/09/2026		F		43(2)	D	$484.74	5,070	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Share Units (ROC)	(4)	03/09/2026		A		548		(5)	(5)	Ordinary Shares	548	$0	548	D
Performance Share Units (ROC)	(4)	03/09/2026		M			548	(5)	(5)	Ordinary Shares	548	$0	0	D
Performance Share Units (RTSR)	(4)	03/09/2026		A		195		(6)	(6)	Ordinary Shares	195	$0	195	D
Performance Share Units (RTSR)	(4)	03/09/2026		M			195	(6)	(6)	Ordinary Shares	195	$0	0	D
Restricted Stock Units	(4)	03/09/2026		A		732		(7)	(7)	Ordinary Shares	732	$0	732	D
Restricted Stock Units	(4)	03/09/2026		M			195	(8)	(8)	Ordinary Shares	195	$0	0	D
Restricted Stock Units	(4)							(9)	(9)	Ordinary Shares	646		646	D
Restricted Stock Units	(4)							(10)	(10)	Ordinary Shares	155		155	D
Stock Options (right to buy)	$483.62	03/09/2026		A		5,967		(11)	03/09/2036	Ordinary Shares	5,967	$0	5,967	D
Stock Options (right to buy)	$468.77							(12)	03/07/2035	Ordinary Shares	4,537		4,537	D
Stock Options (right to buy)	$465.29							(13)	03/07/2034	Ordinary Shares	1,005		1,005	D
Stock Options (right to buy)	$354.14							(14)	03/07/2033	Ordinary Shares	1,265		1,265	D
Stock Options (right to buy)	$270.99							(15)	03/07/2032	Ordinary Shares	1,625		1,625	D
Stock Options (right to buy)	$253.68							(16)	03/08/2031	Ordinary Shares	2,750		2,750	D

Explanation of Responses:

1. Ordinary shares acquired pursuant to the payout of a performance share unit ("PSU") grant made on March 7, 2023.

2. Ordinary shares withheld from the payout to cover tax withholdings.

3. Ordinary shares acquired pursuant to the payout of a restricted stock unit grant made on March 7, 2023.

4. Conversion to Linde plc Ordinary Shares is on a one-for-one basis.

5. The PSU paid out on March 9, 2026, and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Linde plc from 2023-2025 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2023.

6. The PSU paid out on March 9, 2026, and the number of shares awarded and paid out was determined based upon the relative total shareholder return ("RTSR") of Linde plc from 2023-2025 measured against TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2023.

7. 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.

8. Restricted Stock Units that vested in full and paid out on March 9, 2026 in Linde plc Ordinary Shares on a one-for-one basis.

9. 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.

10. 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

11. This option vests over three years in three consecutive equal annual installments beginning on March 9, 2027.

12. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2026.

13. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2025.

14. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.

15. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.

16. This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.

Remarks:

	Anthony M. Pepper as attorney-in-fact	03/11/2026
	** Signature of Reporting Person	Date
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.
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FAQ

What insider transactions did LIN Senior Vice President Binod Patwari report?

Binod Patwari reported equity compensation activity on March 9, 2026. He received new performance share units, restricted stock units, and stock options, and also had existing PSUs and RSUs pay out into Linde plc Ordinary Shares with some shares withheld for taxes.

How many Linde (LIN) shares did Binod Patwari acquire through awards and payouts?

He received PSUs over 548 and 195 Ordinary Shares, RSUs over 732 Ordinary Shares, and options over 5,967 shares. PSU and RSU payouts delivered Ordinary Shares directly, while the options provide future purchase rights subject to vesting and exercise price conditions.

What tax-withholding transactions were reported in the LIN Form 4 filing?

The filing shows tax-withholding dispositions totaling 207 Linde plc Ordinary Shares at $484.7400 per share. These F-code transactions reflect shares withheld to satisfy tax liabilities arising from the payout of performance share units and restricted stock units, not open-market sales.

What stock option grants to Binod Patwari are disclosed for Linde (LIN)?

He received a new stock option grant over 5,967 Ordinary Shares at an exercise price of $483.6200 per share. Footnotes state this option vests in three equal annual installments beginning March 9, 2027, providing future purchase rights if he chooses to exercise.

How many Linde plc Ordinary Shares does Binod Patwari hold after these transactions?

After the March 9, 2026 transactions, he directly holds 5,070 Linde plc Ordinary Shares. This figure reflects shares acquired from PSU and RSU payouts, net of 207 shares withheld to cover tax obligations, as shown in the non-derivative transaction entries.

What ongoing equity awards does the Linde (LIN) executive still hold?

The derivative summary shows remaining restricted stock units over 646 and 155 underlying Ordinary Shares and multiple stock option grants with exercise prices from $270.9900 to $468.7700, expiring between 2032 and 2035. Footnotes describe staggered vesting schedules over several future years.