Linde Director Sells $2.6 Million in Shares
Linde plc (NASDAQ: LIN), the industrial gases company listed on the U.S. stock market, saw director Robert L. Wood sell roughly 5,000 shares in the open market on May 14–15, raising about $2.65 million (approximately KRW 3.7 billion).
After this transaction, his direct holdings fell to around 9,000 shares, though his total economic interest—including restricted stock awards—remains about 12,500 shares.
Meanwhile, Stefanos Innocenzi, Senior Vice President of Engineering, had over 4,000 restricted shares vest on June 8. After tax withholding, he netted some 1,900 shares—equivalent to about $1 million (around KRW 1.4 billion)—in new equity.
In late April, Linde’s board approved a quarterly dividend of $1.60 per share for the second quarter of fiscal 2026, payable to shareholders of record as of June 18. The company also reported net income of approximately $1.857 billion for the first quarter of 2026 in its May 1 earnings release, continuing its strong performance and shareholder‐return disclosures.
Legally headquartered in Ireland with its operational headquarters in Woking, U.K., Linde is recognized as the world’s largest industrial gases supplier. It provides oxygen, nitrogen, hydrogen and other industrial and medical gases to steel, chemical, semiconductor and healthcare customers globally, trading under the ticker LIN on the Nasdaq.
Source: SEC 4 Filing