03/11/2026 | Press release | Distributed by Public on 03/11/2026 13:25
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FORM 4
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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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| 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) | ||
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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) |
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| 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 Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Bacher Desiree C/O LINDE PLC FORGE, 43 CHURCH STREET WEST WOKING SURREY, X0 GU216HT |
SVP, Chief HR Officer | |||
| Anthony M. Pepper as attorney-in-fact | 03/11/2026 | |
| **Signature of Reporting Person | Date |
| * | 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. |