Matthew J. White, Chief Financial Officer of Linde plc, filed a statement of changes in beneficial ownership on November 6, 2026, reporting a series of stock option exercises, share withholdings, and open-market sales of Linde ordinary shares that all occurred on November 4, 2026.

Key Highlights

  • Four option exercises: White exercised stock options covering 72,795 shares at $118.71, 64,665 shares at $154.00, 43,695 shares at $173.13, and 47,020 shares at $176.63, all on November 4, 2026.
  • Tax and exercise withholdings: A total of 141,342 shares were withheld (transaction code F) across four transactions at prices ranging from $517.17 to $523.10 per share to cover exercise price and tax obligations, according to the filing.
  • Open-market sales: White sold 15,686 shares at $524.25, 30,095 shares at $518.50, 24,376 shares at $520.00, and 16,676 shares at $525.00, all on November 4, 2026.
  • Post-transaction direct holdings: Following all reported transactions, White directly held 83,094.804 ordinary shares, with an additional 3,096.221 shares held indirectly through a 401(k) plan.
  • Remaining derivative securities: White continues to hold stock options, restricted stock units, and deferred stock units across multiple grant tranches, including 25,259 options at $483.62 expiring March 9, 2036.
  • Filing signed by attorney-in-fact: Anthony M. Pepper signed the filing as attorney-in-fact on November 6, 2026.

Linde CFO's November 4 Option Exercises and Share Dispositions

According to the filing, White exercised four separate tranches of stock options on November 4, 2026, converting a combined 228,175 options into ordinary shares of Linde plc, a multinational industrial gases and engineering company listed on NASDAQ:LIN. The exercise prices ranged from $118.71 to $176.63 per share, well below the market prices at which shares were simultaneously withheld or sold on the same date.

Following each exercise, shares were withheld under transaction code F to cover the exercise price and applicable tax withholdings, as noted in the filing's explanation of responses. The four withholding transactions removed a combined 141,342 shares at prices between $517.17 and $523.10 per share. Separately, White disposed of an additional 86,833 shares through four open-market sale transactions (transaction code S) at prices ranging from $518.50 to $525.00 per share.

After all transactions settled, the filing reports White's direct beneficial ownership at 83,094.804 ordinary shares, plus 3,096.221 shares held indirectly through a 401(k) plan. White retains a substantial portfolio of derivative securities, including multiple stock option grants with exercise prices from $118.71 to $483.62 and expiration dates extending to March 2036, as well as restricted stock units scheduled to vest through approximately March 2029 and deferred stock units acquired under the Linde Compensation Deferral Plan.

What Was Disclosed

The filing reports that Linde plc CFO Matthew J. White exercised four stock option grants and subsequently disposed of shares through withholdings and open-market sales on November 4, 2026, resulting in direct beneficial ownership of 83,094.804 ordinary shares following all transactions.