Linde (LIN) legal chief exercises 26,980 options and sells stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Linde plc executive Guillermo Bichara reported a mix of option exercises and share sales. On February 17, 2026, he exercised 26,980 stock options, receiving the same number of Linde ordinary shares at $176.63 per share. To cover the exercise price and related tax withholdings, 17,525 ordinary shares were disposed at $480.18 per share. He also completed an open-market sale of 9,455 ordinary shares at $480.45 per share. After these transactions, his directly held ordinary shares totaled 22,137.769, with an additional 2,909.481 ordinary shares held indirectly through a 401(k). He also holds restricted stock units scheduled to vest in full on or about March 7, 2026, March 7, 2027, and March 7, 2028, and deferred stock units payable in ordinary shares on a one-for-one basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,455 shares ($4,542,655)
Net Sell
15 txns
Insider
Bichara Guillermo
Role
Exec VP & Chief Legal Officer
Sold
9,455 shs ($4.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Options (right to buy) | 26,980 | $0.00 | -- |
| Exercise | Ordinary Shares | 26,980 | $176.63 | $4.77M |
| Tax Withholding | Ordinary Shares | 17,525 | $480.18 | $8.42M |
| Sale | Ordinary Shares | 9,455 | $480.45 | $4.54M |
| 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 | Stock Options (right to buy) | -- | -- | -- |
| holding | Deferred Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 0 shares (Direct);
Ordinary Shares — 49,117.769 shares (Direct);
Restricted Stock Units — 1,613 shares (Direct);
Deferred Stock Units — 799.876 shares (Direct);
Ordinary Shares — 2,909.481 shares (Indirect, 401(k))
Footnotes (1)
- Ordinary shares withheld to cover exercise price and tax withholdings. 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 will vest in full and payout on or about March 7, 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 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 8, 2022. This option vests over three years in three consecutive equal annual installments beginning on March 9, 2021. This option vests over three years in three consecutive equal annual installments beginning on March 20, 2020. On March 1, 2023, Linde plc (formerly Rounderway plc), an Irish public limited company ("New Linde"), became the successor of Linde plc, an Irish public limited company ("Old Linde"), pursuant to a scheme of arrangement and merger under Irish law. Pursuant to the scheme of arrangement, all outstanding ordinary shares of Old Linde were exchanged, on a one-for-one basis, for ordinary shares of New Linde, and Old Linde subsequently merged into New Linde and ceased to exist. The transaction did not alter the relative interests of security holders. Conversion to Linde plc Ordinary Shares is on a one-to-one basis. 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
What did Linde (LIN) executive Guillermo Bichara report in this Form 4?
Guillermo Bichara reported exercising 26,980 stock options into Linde ordinary shares and then disposing of shares to cover costs and taxes, plus an open-market sale. The filing also updates his remaining direct, indirect, and deferred equity holdings in Linde.
How many Linde stock options did Guillermo Bichara exercise in this filing?
He exercised 26,980 stock options, receiving an equal number of Linde ordinary shares. The exercise was reported at a price of $176.63 per share. Some of the resulting shares were then used to cover the exercise price and tax withholding obligations.
What restricted stock units does Guillermo Bichara hold at Linde (LIN)?
He holds several blocks of restricted stock units that each convert into Linde ordinary shares on a one-for-one basis. These units are scheduled to vest and pay out in full on or about March 7, 2026, March 7, 2027, and March 7, 2028, respectively.
What deferred stock units are reported for Guillermo Bichara at Linde?
The filing shows 799.876 deferred stock units acquired under the Linde Compensation Deferral Plan. These units are payable in Linde ordinary shares on a one-for-one basis in accordance with the plan’s terms, providing an additional form of long-term equity-based compensation.