Linde plc

03/11/2026 | Press release | Distributed by Public on 03/11/2026 13:25

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
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 that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Bacher Desiree
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)
SVP, Chief HR Officer
(Last) (First) (Middle)
C/O LINDE PLC, FORGE, 43 CHURCH STREET WEST
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
(Street)
WOKING SURREY, X0 GU216HT
4. If Amendment, Date 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
(City) (State) (Zip)
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 727(1) A $ 0 866 D
Ordinary Shares 03/09/2026 F 228(2) D $484.74 638 D
Ordinary Shares 03/09/2026 M 260(1) A $ 0 898 D
Ordinary Shares 03/09/2026 F 82(2) D $484.74 816 D
Ordinary Shares 03/09/2026 M 260(3) A $ 0 1,076 D
Ordinary Shares 03/09/2026 F 97(2) D $484.74 979 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)
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 Underlying Securities
(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 of Derivative Security: 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
Performance Share Units (ROC) $ 0 (4) 03/09/2026 A 727 03/07/2026(5) 03/07/2026(5) Ordinary Shares 727 $ 0 727 D
Performance Share Units (ROC) $ 0 (4) 03/09/2026 M 727 03/07/2026(5) 03/07/2026(5) Ordinary Shares 727 $ 0 0 D
Performance Share Units (RTSR) $ 0 (4) 03/09/2026 A 260 03/07/2026(6) 03/07/2026(6) Ordinary Shares 260 $ 0 260 D
Performance Share Units (RTSR) $ 0 (4) 03/09/2026 M 260 03/07/2026(6) 03/07/2026(6) Ordinary Shares 260 $ 0 0 D
Restricted Stock Units $ 0 (4) 03/09/2026 A 503 (7) (7) Ordinary Shares 503 $ 0 503 D
Restricted Stock Units (4) (8) (8) Ordinary Shares 309 309 D
Restricted Stock Units (4) (9) (9) Ordinary Shares 300 300 D
Restricted Stock Units (4) 03/09/2026 M 260 (10) (10) Ordinary Shares 260 $ 0 0 D
Stock Options (right to buy) $483.62 03/09/2026 A 4,098 (11) 03/09/2036 Ordinary Shares 4,098 $ 0 4,098 D
Stock Options (right to buy) $468.77 (12) 03/07/2035 Ordinary Shares 2,168 2,168 D
Stock Options (right to buy) $465.29 (13) 03/07/2034 Ordinary Shares 1,920 1,920 D
Stock Options (right to buy) $354.14 (14) 03/07/2033 Ordinary Shares 1,690 1,690 D
Deferred Stock Units (4) (15) (15) Ordinary Shares 61.637 61.637 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bacher Desiree
C/O LINDE PLC
FORGE, 43 CHURCH STREET WEST
WOKING SURREY, X0 GU216HT
SVP, Chief HR Officer

Signatures

Anthony M. Pepper as attorney-in-fact 03/11/2026
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Ordinary shares acquired pursuant to the payout of a performance share unit ("PSU") grant made on March 7, 2023.
(2) Ordinary shares withheld from the payout to cover tax withholdings.
(3) Ordinary shares acquired pursuant to the payout of a restricted stock unit ("RSU") grant made on March 7, 2023.
(4) Conversion to Linde plc Ordinary Shares is on a one-for-one basis.
(5) 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.
(6) 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 TSR goals set by the Human Capital Committee of the Board of Directors when the PSU was granted on March 7, 2023.
(7) 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.
(8) 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.
(9) 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.
(10) 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.
(11) This option vests over three years in three consecutive equal annual installments beginning on March 9, 2027.
(12) This option vests over three years in three consecutive equal annual installments beginning on March 7, 2026.
(13) This option vests over three years in three consecutive equal annual installments beginning on March 7, 2025.
(14) This option vests over three years in three consecutive equal annual installments beginning on March 7, 2024.
(15) Deferred stock units acquired under the Linde Compensation Deferral Plan ("Plan"). The deferred stock units will payout in Linde plc Ordinary Share on a one-for-one basis in accordance with the Plan.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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