Linde COO exercises options, sells 6,520 shares
Linde plc EVP and Chief Operating Officer Sean Durbin reported a combination of option exercises and share sales.
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.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
14 txns
Insider
Durbin Sean
Role
EVP, Chief Operating Officer
Sold
6,520 shs ($3.11M)
Approx. gross sale proceeds
$3.11M
Approx. exercise cost
$1.22M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 7,045 | $0.00 | $0.00 |
| Sale | Ordinary Shares | 4,114 | $477.78 | $1.97M |
| Exercise | Ordinary Shares | 7,045 | $173.13 | $1.22M |
| Exercise Price or Tax Liability | Ordinary Shares | 4,639 | $476.54 | $2.21M |
| Sale | Ordinary Shares | 2,406 | $476.41 | $1.15M |
| holding | Restricted Stock Units | -- | -- | -- |
| 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 | Deferred Stock Units | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 73,399 contracts (Direct);
Ordinary Shares — 8,150.559 shares (Direct);
Restricted Stock Units — 5,878 contracts (Direct);
Deferred Stock Units — 391.203 contracts (Direct)
Footnotes (12)
- F1. Ordinary shares withheld to cover exercise price and tax withholdings.
- F2. Conversion to Linde plc Ordinary Shares is on a one-for-one basis.
- F3. 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.
- F4. 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.
- F5. 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.
- F6. This option vests over three years in three consecutive equal annual installments beginning on March 9, 2027.
- F7. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2026.
- F8. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2025.
- F9. This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
- F10. This option vests over three years in three consecutive equal annual installments beginning on March 8, 2022.
- F11. This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021.
- F12. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
