Linde director granted RSUs, exercises prior award

Linde plc director Josef Kaeser reported routine equity compensation activity.

Rhea-AI Filing Summary

Linde plc director Josef Kaeser reported routine equity compensation activity. He received a grant of 473 Restricted Stock Units that will vest and pay out in Linde ordinary shares on a one-for-one basis on or about March 9, 2027, subject to continued board service.

He also exercised 470.156 previously granted RSUs from a March 7, 2025 award, receiving the same number of ordinary shares on a 1-for-1 basis. Of these, 50.488 shares were withheld to cover tax obligations, leaving him with 3,024.642 ordinary shares held directly after the transactions.

Insider Trade Summary

470.156 shares exercised/converted

Exercise 4 txns

Insider Kaeser Josef

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	473	$0.00	$0.00
Exercise	Restricted Stock Units	470.156	$0.00	$0.00
Exercise	Ordinary Shares	470.156	$0.00	$0.00
Exercise Price or Tax Liability	Ordinary Shares	50.488	$484.74	$24K

Holdings After Transaction: Restricted Stock Units — 473 contracts (Direct); Ordinary Shares — 3,024.642 shares (Direct)

Footnotes (5)

1. F1. Ordinary shares acquired pursuant to the payout of a restricted stock unit ("RSU") grant made on March 7, 2025.
2. F2. Ordinary shares withheld from the RSU payout to cover tax withholdings.
3. F3. Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.
4. F4. Restricted Stock Units that will vest in full and payout on or about March 9, 2027 in Linde plc Ordinary Shares on a one-for-one basis, provided that the awardee serves on the Linde plc Board of Directors continuously through the vesting date, except under certain circumstances in which a pro-rata payout may be made. .
5. F5. This RSU award vested in full and paid out in Ordinary Shares on a one-for-one basis on March 9, 2026.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did LIN director Josef Kaeser report on this Form 4?

Josef Kaeser reported a grant of 473 Restricted Stock Units and the exercise of 470.156 previously granted RSUs into ordinary shares. A portion of the resulting shares was withheld to cover tax obligations, reflecting routine equity compensation activity rather than open-market trading.

How many Linde (LIN) RSUs were granted to director Josef Kaeser?

He was granted 473 Restricted Stock Units. These RSUs are scheduled to vest and pay out in Linde plc ordinary shares on or about March 9, 2027, on a one-for-one basis, provided he continues to serve on the board through the vesting date.

When will Josef Kaeser’s new RSU grant at Linde (LIN) vest and pay out?

The 473 Restricted Stock Units will vest in full and pay out on or about March 9, 2027. Payout will be in Linde plc ordinary shares on a one-for-one basis, assuming continued board service, with certain provisions for pro-rata payout in specific circumstances.

What RSU exercise did Josef Kaeser complete according to this Linde (LIN) filing?

He exercised 470.156 Restricted Stock Units from a March 7, 2025 grant, receiving the same number of Linde ordinary shares. The conversion occurred on a one-for-one basis, consistent with the plan terms described in the footnotes accompanying the Form 4 data.

Why were some of Josef Kaeser’s Linde (LIN) shares disposed of in this Form 4?

A total of 50.488 Linde ordinary shares were withheld to cover tax obligations arising from the RSU payout. This tax-withholding disposition is coded as an F transaction and is a standard, non-market mechanism, not an open-market sale by the director.

How many Linde (LIN) ordinary shares does Josef Kaeser hold after these transactions?

Following the RSU exercise and tax withholding, Josef Kaeser directly holds 3,024.642 Linde plc ordinary shares. This figure reflects his position after receiving shares from the vested RSUs and the withholding of a portion of shares to satisfy tax liabilities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/10/2026 - 05:35 PM Learn about SEC filing dates

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^*

Kaeser Josef

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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	03/09/2026		M		470.156(1)	A	$0	3,075.13	D
Ordinary Shares	03/09/2026		F		50.488(2)	D	$484.74	3,024.642	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(3)	03/09/2026		A		473		03/09/2027(4)	03/09/2027(4)	Ordinary Shares	473	$0	473	D
Restricted Stock Units	$0(3)	03/09/2026		M			470.156	(5)	(5)	Ordinary Shares	470.156	$0	0	D

Explanation of Responses:

1. Ordinary shares acquired pursuant to the payout of a restricted stock unit ("RSU") grant made on March 7, 2025.

2. Ordinary shares withheld from the RSU payout to cover tax withholdings.

3. Conversion to Linde plc Ordinary Shares is on a 1-for-1 basis.

4. Restricted Stock Units that will vest in full and payout on or about March 9, 2027 in Linde plc Ordinary Shares on a one-for-one basis, provided that the awardee serves on the Linde plc Board of Directors continuously through the vesting date, except under certain circumstances in which a pro-rata payout may be made. .

5. This RSU award vested in full and paid out in Ordinary Shares on a one-for-one basis on March 9, 2026.

Remarks:

	Anthony M. Pepper as attorney-in-fact	03/10/2026
	** 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).
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