Linde plc (LIN) SVP Binod Patwari receives equity awards and option grant
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
938 shares exercised/converted
Mixed
20 txns
Insider
Patwari Binod
Role
Senior Vice President - APAC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units (ROC) | 548 | $0.00 | -- |
| Exercise | Performance Share Units (ROC) | 548 | $0.00 | -- |
| Grant/Award | Performance Share Units (RTSR) | 195 | $0.00 | -- |
| Exercise | Performance Share Units (RTSR) | 195 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 732 | $0.00 | -- |
| Exercise | Restricted Stock Units | 195 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 5,967 | $0.00 | -- |
| Exercise | Ordinary Shares | 548 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 121 | $484.74 | $59K |
| Exercise | Ordinary Shares | 195 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 43 | $484.74 | $21K |
| Exercise | Ordinary Shares | 195 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 43 | $484.74 | $21K |
| 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) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
Holdings After Transaction:
Performance Share Units (ROC) — 548 shares (Direct);
Performance Share Units (RTSR) — 195 shares (Direct);
Restricted Stock Units — 732 shares (Direct);
Stock Options (right to buy) — 5,967 shares (Direct);
Ordinary Shares — 4,887 shares (Direct)
Footnotes (1)
- Ordinary shares acquired pursuant to the payout of a performance share unit ("PSU") grant made on March 7, 2023. Ordinary shares withheld from the payout to cover tax withholdings. Ordinary shares acquired pursuant to the payout of a restricted stock unit grant made on March 7, 2023. Conversion to Linde plc Ordinary Shares is on a one-for-one basis. 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. 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. 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 vested in full and paid out on March 9, 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, 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, 2027 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. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023. This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
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.
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.
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.