Linde Director Sells Thousands of Shares, Cashing Out Billions

Global industrial gases company Linde PLC (NYSE: LIN) director Robert L. Wood sold approximately 5,000 shares of common stock in the market on May 14 and 15 at prices near $509 and $506 per share, reducing his direct holding from about 14,000 shares to around 9,000 shares.

The sale generated roughly $2.65 million (about KRW 3.5 billion), and according to regulatory filings, Director Wood still retains an economic interest equivalent to some 12,000 shares of Linde common stock through several hundred restricted stock units (RSUs).

In its Q1 2026 results released May 1, Linde reported revenue of about $8.8 billion and net income of approximately $1.86 billion, and issued full-year adjusted EPS guidance for mid-to-high single-digit growth year over year.

On May 13, under its European medium-term note program, Linde issued €1.6 billion of notes—including maturities in 2028, 2030, and 2036—to strengthen its euro-denominated funding and liquidity base.

Headquartered in Woking, Surrey, U.K., Linde is one of the world’s largest industrial gas and engineering firms, posting roughly $34 billion in revenue in 2025. The company supplies core industrial gases—oxygen, nitrogen, hydrogen, and others—to manufacturers, energy providers, and healthcare customers worldwide under long-term contracts, and is expanding its business on the back of stable cash flows and a substantial project pipeline.