Linde (LIN) CFO granted new stock options and units, settles prior awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Linde plc Chief Financial Officer Matthew J. White reported equity compensation grants and related share settlements. On March 9, 2026, he received performance share units covering 8,136 ordinary shares tied to return on capital and 2,870 shares tied to relative total shareholder return, plus 3,098 restricted stock units and stock options over 25,259 ordinary shares at an exercise price of 483.6200 per share expiring in 2036.
The filing also shows exercises of performance share units and restricted stock units into 13,876 ordinary shares, with 6,431 shares withheld at 484.7400 per share to cover tax obligations. Following these transactions, White directly holds 83,094.804 ordinary shares and also has indirect holdings of 3,096.221 ordinary shares through a 401(k) plan, along with multiple unexercised option and unit awards that vest over future years.
Positive
- None.
Negative
- None.
Insider Trade Summary
13,876 shares exercised/converted
Mixed
26 txns
Insider
White Matthew J
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units (ROC) | 8,136 | $0.00 | -- |
| Exercise | Performance Share Units (ROC) | 8,136 | $0.00 | -- |
| Grant/Award | Performance Share Units (RTSR) | 2,870 | $0.00 | -- |
| Exercise | Performance Share Units (RTSR) | 2,870 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,098 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,870 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 25,259 | $0.00 | -- |
| Exercise | Ordinary Shares | 8,136 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 3,771 | $484.74 | $1.83M |
| Exercise | Ordinary Shares | 2,870 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 1,330 | $484.74 | $645K |
| Exercise | Ordinary Shares | 2,870 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 1,330 | $484.74 | $645K |
| 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) | -- | -- | -- |
| 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 | Deferred Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Performance Share Units (ROC) — 8,136 shares (Direct);
Performance Share Units (RTSR) — 2,870 shares (Direct);
Restricted Stock Units — 3,098 shares (Direct);
Stock Options (right to buy) — 25,259 shares (Direct);
Ordinary Shares — 83,785.804 shares (Direct);
Deferred Stock Units — 1,541.952 shares (Direct);
Ordinary Shares — 3,096.221 shares (Indirect, 401(k))
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 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. 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. 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 9, 2021. This option vested in full and became exercisable in three (3) equal annual installments beginning on the first anniversary of the date of grant. Deferred stock units acquired under the Linde Compensation Deferral Plan ("Plan"). The deferred stock units will payout in Linde plc Ordinary Share on a one-for-one basis in accordance with the Plan.
FAQ
What did Linde (LIN) CFO Matthew J. White report in this Form 4?
Linde CFO Matthew J. White reported equity compensation activity, including new grants of performance share units, restricted stock units, and stock options, plus the payout of earlier awards into ordinary shares. The filing reflects routine compensation and tax withholding rather than open-market buying or selling.
What new stock options did Linde grant to its CFO on March 9, 2026?
Linde granted the CFO stock options over 25,259 ordinary shares at an exercise price of 483.6200 per share, expiring in 2036. According to footnotes, this option vests in three equal annual installments beginning on March 9, 2027, providing long-term incentive alignment.
Were any of the Linde CFO’s transactions open-market purchases or sales?
No open-market purchases or sales are reported. The transactions consist of grants of performance share units, restricted stock units, and options, plus exercises of these awards and share withholdings coded “F” to pay taxes. The filing reflects compensation and settlement mechanics, not discretionary trading.