STOCK TITAN

Linde (LIN) COO exercises stock options and sells 6,520 shares

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

Rhea-AI Filing Summary

Linde plc EVP and Chief Operating Officer Sean Durbin reported a combination of option exercises and share sales. He exercised stock options for 7,045 Ordinary Shares at an exercise price of $173.13 per share, then sold a total of 6,520 Ordinary Shares in open-market transactions at prices around $476–$478 per share. An additional 4,639 Ordinary Shares were withheld to cover the exercise price and tax obligations. After these transactions, he directly holds 8,150.559 Ordinary Shares, along with outstanding restricted stock units and stock options that are scheduled to vest and remain exercisable as detailed in the filing.

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*
Durbin Sean

(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)
EVP, Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
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 03/10/2026 S 4,114 D $477.78 8,150.559 D
Ordinary Shares 03/10/2026 M 7,045 A $173.13 15,195.559 D
Ordinary Shares 03/10/2026 F 4,639(1) D $476.54 10,556.559 D
Ordinary Shares 03/10/2026 S 2,406 D $476.41 8,150.559 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 (2) (3) (3) Ordinary Shares 2,857 2,857 D
Restricted Stock Units (2) (4) (4) Ordinary Shares 1,551 1,551 D
Restricted Stock Units (2) (5) (5) Ordinary Shares 1,470 1,470 D
Stock Options (right to buy) $483.62 (6) 03/09/2036 Ordinary Shares 23,290 23,290 D
Stock Options (right to buy) $468.77 (7) 03/07/2035 Ordinary Shares 10,889 10,889 D
Stock Options (right to buy) $465.29 (8) 03/07/2034 Ordinary Shares 9,610 9,610 D
Stock Options (right to buy) $354.14 (9) 03/07/2033 Ordinary Shares 10,540 10,540 D
Stock Options (right to buy) $253.68 (10) 03/08/2031 Ordinary Shares 19,070 19,070 D
Stock Options (right to buy) $173.13 03/10/2026 M 7,045 (11) 03/09/2030 Ordinary Shares 7,045 $0 0 D
Deferred Stock Units (2) (12) (12) Ordinary Shares 391.203 391.203 D
Explanation of Responses:
1. Ordinary shares withheld to cover exercise price and tax withholdings.
2. Conversion to Linde plc Ordinary Shares is on a one-for-one basis.
3. 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.
4. 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.
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, 2027.
7. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2026.
8. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2025.
9. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
10. This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
11. This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
12. Deferred stock units acquired under the Linde Compensation Deferral Plan as amended ("Plan"). The deferred stock units will payout in Linde plc Ordinary Shares on a one-for-one basis in accordance with the Plan.
Remarks:
Anthony M. Pepper as attorney-in-fact 03/12/2026
** 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 insider transactions did Linde (LIN) COO Sean Durbin report?

Sean Durbin reported exercising stock options for 7,045 Ordinary Shares, selling 6,520 Ordinary Shares in open-market transactions, and having 4,639 shares withheld to cover the option exercise price and related tax obligations, all on March 10, 2026.

How many Linde (LIN) shares did the COO sell and at what prices?

He sold 6,520 Ordinary Shares of Linde plc in open-market transactions. Reported sale prices were about $477.78 per share for 4,114 shares and $476.41 per share for 2,406 shares, according to the Form 4 disclosure.

How many Linde (LIN) shares does the COO hold after these transactions?

Following the reported transactions, Sean Durbin directly holds 8,150.559 Ordinary Shares of Linde plc. In addition, he has outstanding restricted stock units and stock options linked to Linde Ordinary Shares, which are scheduled to vest or remain exercisable on future dates.

What stock options did the Linde (LIN) COO exercise on March 10, 2026?

He exercised 7,045 stock options giving the right to buy Linde plc Ordinary Shares at an exercise price of $173.13 per share. These options were converted one-for-one into 7,045 Ordinary Shares, consistent with the terms described in the filing footnotes.

Were any Linde (LIN) shares withheld for taxes or exercise costs?

Yes. The Form 4 notes that 4,639 Ordinary Shares were withheld to cover the option exercise price and tax withholdings. This withholding is reported with transaction code F, indicating payment of obligations by delivering securities instead of cash.

What unvested or derivative awards does the Linde (LIN) COO still hold?

The filing lists restricted stock units covering 2,857, 1,551 and 1,470 Ordinary Shares, plus multiple stock option grants over 19,070, 10,540, 9,610, 10,889 and 23,290 Ordinary Shares, with exercise prices between $253.68 and $483.62 per share.
Linde Plc

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223.15B
461.44M
Specialty Chemicals
Industrial Inorganic Chemicals
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United Kingdom
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