STOCK TITAN

Linde (NYSE: LIN) SVP exercises options and sells 999 shares in Form 4

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Linde plc Senior Vice President – APAC, Binod Patwari, exercised stock options for 1,525 Ordinary Shares on February 24, 2026 at an exercise price of $173.13 per share. The related derivative line shows 1,525 Stock Options exercised, reducing that specific option position to zero.

To cover obligations associated with this exercise, 526 Ordinary Shares were disposed of at $502.52 per share through a tax-withholding transaction, and 999 Ordinary Shares were sold in an open-market transaction at $502.765 per share. After these trades, Patwari directly holds 4,339 Ordinary Shares, along with multiple Restricted Stock Unit and option awards that vest in annual installments or pay out around March 7 in various years, as described in the award footnotes.

Positive

  • None.

Negative

  • None.
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)
02/24/2026
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 4,339 D
Ordinary Shares 02/24/2026 02/24/2026 M 1,525 A $173.13 5,864 D
Ordinary Shares 02/24/2026 02/24/2026 F 526 D $502.52 5,338 D
Ordinary Shares 02/24/2026 02/24/2026 S 999 D $502.765 4,339 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
Restricted Stock Units $0 (1) (1) Ordinary Shares 195 195 D
Stock Options (right to buy) $0 (2) 03/07/2028(2) Ordinary Shares 0 0 D
Stock Options (right to buy) $270.99 (3) 03/07/2032 Ordinary Shares 1,625 1,625 D
Performance Share Units (ROC) $0 (4) (4) Ordinary Shares 0 0 D
Restricted Stock Units $0 (5) (5) Ordinary Shares 155 155 D
Stock Options (right to buy) $173.13 (6) 03/09/2030 Ordinary Shares 1,525 1,525 D
Restricted Stock Units $0 (2) (2) Ordinary Shares 646 646 D
Stock Options (right to buy) $253.68 (7) 03/08/2031 Ordinary Shares 2,750 2,750 D
Stock Options (right to buy) $468.77 (8) 03/07/2035 Ordinary Shares 4,537 4,537 D
Performance Share Units (RTSR) $0 (9) (9) Ordinary Shares 0 0 D
Restricted Stock Units $0 (10) (10) Ordinary Shares 0 0 D
Stock Options (right to buy) $465.29 (11) 03/07/2034 Ordinary Shares 1,005 1,005 D
Stock Options (right to buy) $354.14 (12) 03/07/2033 Ordinary Shares 1,265 1,265 D
Stock Options (right to buy) $173.13 02/24/2026 02/24/2026 M 1,525 (6) 03/09/2030 Ordinary Shares 1,525 $0 0 D
Explanation of Responses:
1. 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.
2. 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.
3. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2023.
4. The PSU paid out on 3/10/2025, and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Linde plc from 2022-2025 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2022.
5. 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
6. This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
7. This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
8. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2026.
9. The PSU paid out on 3/10/2025 and the number of shares awarded and paid out was determined based upon the total shareholder return ("TSR") of Linde plc from 2022-2025 measured against TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted in 2022.
10. Restricted Stock Units that will vest in full and payout on or about March 7, 2025 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 7, 2025.
12. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
Remarks:
Anthony M. Pepper as attorney-in-fact 02/26/2026
** 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.
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.

FAQ

What did Linde (LIN) executive Binod Patwari report in this Form 4?

Binod Patwari reported exercising 1,525 stock options into Linde Ordinary Shares, then disposing of some shares for taxes and selling 999 shares in the open market. The filing also updates his remaining direct holdings and outstanding equity awards.

How many Linde (LIN) shares did Binod Patwari sell and at what price?

Binod Patwari sold 999 Ordinary Shares of Linde in an open-market transaction at $502.765 per share. Separately, 526 shares were used to satisfy tax obligations at $502.52 per share in a tax-withholding disposition.

How many Linde (LIN) shares does Binod Patwari hold after these transactions?

After the option exercise, tax-withholding, and sale, Binod Patwari directly holds 4,339 Ordinary Shares of Linde. The Form 4 also lists additional unvested Restricted Stock Units and stock options that remain outstanding under his equity awards.

What stock options did Binod Patwari exercise in the Linde (LIN) Form 4?

Patwari exercised 1,525 Stock Options with an exercise price of $173.13 per share, converting them into the same number of Linde Ordinary Shares. The corresponding option position shown in the filing was reduced to zero after this exercise event.

What future RSU and option vesting schedules are disclosed for Linde (LIN) executive Binod Patwari?

The footnotes describe multiple Restricted Stock Units and option grants that vest in three equal annual installments or pay out on or about March 7 in years including 2025, 2026, 2027, and 2028, subject to each award’s terms.

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