Linde (LIN) CEO Sanjiv Lamba receives PSUs, RSUs and major option grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Linde plc Chairman & CEO Sanjiv Lamba reported a series of equity compensation transactions. On March 9, 2026, he received 19,892 Performance Share Units based on return on capital, 7,015 Performance Share Units based on relative total shareholder return, and 7,328 Restricted Stock Units, each convertible into Linde ordinary shares on a one-for-one basis.
On the same date, he exercised 19,892 and 7,015 Performance Share Units and 7,015 Restricted Stock Units into ordinary shares, with 9,218, 3,251 and 3,086 ordinary shares withheld at $484.74 per share to cover tax obligations. Following these transactions, he directly held 109,161.191 Linde ordinary shares and retained multiple Restricted Stock Units and stock option awards, including 59,746 options at an exercise price of $483.62 per share expiring on March 9, 2036.
Positive
- None.
Negative
- None.
Insider Trade Summary
33,922 shares exercised/converted
Mixed
23 txns
Insider
Lamba Sanjiv
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Units (ROC) | 19,892 | $0.00 | -- |
| Exercise | Performance Share Units (ROC) | 19,892 | $0.00 | -- |
| Grant/Award | Performance Share Units (RTSR) | 7,015 | $0.00 | -- |
| Exercise | Performance Share Units (RTSR) | 7,015 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 7,328 | $0.00 | -- |
| Exercise | Restricted Stock Units | 7,015 | $0.00 | -- |
| Grant/Award | Stock Options (right to buy) | 59,746 | $0.00 | -- |
| Exercise | Ordinary Shares | 19,892 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 9,218 | $484.74 | $4.47M |
| Exercise | Ordinary Shares | 7,015 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 3,251 | $484.74 | $1.58M |
| Exercise | Ordinary Shares | 7,015 | $0.00 | -- |
| Tax Withholding | Ordinary Shares | 3,086 | $484.74 | $1.50M |
| 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 | Stock Options (right to buy) | -- | -- | -- |
| holding | Deferred Stock Units | -- | -- | -- |
Holdings After Transaction:
Performance Share Units (ROC) — 19,892 shares (Direct);
Performance Share Units (RTSR) — 7,015 shares (Direct);
Restricted Stock Units — 7,328 shares (Direct);
Stock Options (right to buy) — 59,746 shares (Direct);
Ordinary Shares — 110,686.191 shares (Direct);
Deferred Stock Units — 546.348 shares (Direct)
Footnotes (1)
- Ordinary shares acquired pursuant to the payout of a performance share unit ("PSU") grant made on March 7, 2023. Ordinary shares withheld from the payout to cover tax withholdings. Ordinary shares acquired pursuant to the payout of a restricted stock unit grant made on March 7, 2023. Conversion to Linde plc Ordinary Shares is on a one-for-one basis. The PSU paid out on March 9, 2026, and the number of shares awarded and paid out was determined based upon the average annual return on capital ("ROC") of Linde plc from 2023-2025 measured against ROC goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2023. The PSU paid out on March 9, 2026, and the number of shares awarded and paid out was determined based upon the relative total shareholder return ("RTSR") of Linde plc from 2023-2025 measured against RTSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2023. 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. 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 vested in full and paid out on March 9, 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 9, 2027. 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 March 20, 2020. Deferred Stock Units acquired under the Linde Compensation Deferral Plan that will payout in Linde plc Ordinary Shares on a one-for-one basis in accordance with the Deferral Plan.
FAQ
What insider transactions did LIN Chairman & CEO Sanjiv Lamba report?
Sanjiv Lamba reported grants of Performance Share Units, Restricted Stock Units, and stock options, plus related share issuances and tax withholdings on March 9, 2026. These transactions reflect equity compensation vesting and new awards, not open-market buying or selling of Linde ordinary shares.
What equity awards did Sanjiv Lamba receive in this Linde (LIN) Form 4?
On March 9, 2026, he received 19,892 Performance Share Units tied to return on capital, 7,015 Performance Share Units tied to relative total shareholder return, and 7,328 Restricted Stock Units, each exchangeable into Linde ordinary shares on a one-for-one basis under the company’s compensation programs.
What stock options does Sanjiv Lamba retain after these Linde (LIN) transactions?
He retains several stock option awards on Linde ordinary shares. Examples include 59,746 options at a $483.62 exercise price expiring March 9, 2036 and multiple earlier grants with exercise prices from $176.63 to $468.77 and expirations between 2029 and 2035, according to the derivative holdings table.