[Form 4] Air Products & Chemicals, Inc. Insider Trading Activity
Howard I. Ungerleider, a director of Air Products & Chemicals, Inc. (APD), reported on Form 4 that on 09/01/2025 he acquired 226.5493 phantom deferred stock units under the company鈥檚 director Deferred Compensation Program. The units are convertible into an equal number of common shares and are payable after board service ends, either as a lump sum or in up to ten installments as previously elected. The report shows a reference price of $294.27 and lists 226.5493 shares beneficially owned following the transaction, held directly. The filing was signed on 09/02/2025 by Andrea I. Rennig as attorney-in-fact.
Howard I. Ungerleider, membro del consiglio di Air Products & Chemicals, Inc. (APD), ha dichiarato nel Modulo 4 che il 01/09/2025 ha acquisito 226,5493 unit脿 phantom di stock differito nell'ambito del Programma di Compensazione Differita per i direttori della societ脿. Le unit脿 sono convertibili in un pari numero di azioni ordinarie e saranno corrisposte alla cessazione del mandato consiliare, con possibilit脿 di ricevere l'importo in un'unica soluzione o in un massimo di dieci rate, come gi脿 scelto. Il rapporto indica un prezzo di riferimento di $294,27 e riporta la propriet脿 beneficiaria di 226,5493 azioni dopo la transazione, detenute direttamente. Il documento 猫 stato firmato il 02/09/2025 da Andrea I. Rennig in qualit脿 di procuratore.
Howard I. Ungerleider, miembro del directorio de Air Products & Chemicals, Inc. (APD), inform贸 en el Formulario 4 que el 01/09/2025 补诲辩耻颈谤颈贸 226,5493 unidades diferidas fantasma bajo el Programa de Compensaci贸n Diferida para directores de la compa帽铆a. Las unidades son convertibles en un n煤mero igual de acciones ordinarias y se pagar谩n al finalizar el servicio en la junta, ya sea en un solo pago o en hasta diez cuotas seg煤n la elecci贸n previa. El informe muestra un precio de referencia de $294,27 y lista 226,5493 acciones de propiedad beneficiaria tras la operaci贸n, mantenidas directamente. La presentaci贸n fue firmada el 02/09/2025 por Andrea I. Rennig como apoderada.
Howard I. Ungerleider, Air Products & Chemicals, Inc.(APD) 鞚挫偓鞚� Howard I. Ungerleider電� Form 4鞐� 2025雲� 09/01鞐� 須岇偓 鞚挫偓 鞐半磯鞐瓣赴氤挫儊鞝滊弰(Director Deferred Compensation Program)鞐� 霐半澕 226.5493臧滌潣 韺厐 鞐瓣赴 欤检嫕 雼渼毳� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 頃措嫻 雼渼電� 霃欖澕 靾橃潣 氤错喌欤�搿� 鞝勴櫂 臧�電ロ晿氅�, 鞚挫偓須� 鞛勱赴 膦呺 鞁� 鞚检嫓旮� 霕愲姅 鞚挫爠鞐� 靹犿儩頃� 雽�搿� 斓滊寑 10須� 攵勴暊搿� 歆�旮夒惄雼堧嫟. 氤搓碃靹滌棎電� 旮办 臧�瓴╈澊 $294.27搿� 旮办灛霅橃柎 鞛堦碃, 瓯半灅 頉� 226.5493欤检潣 鞁れ唽鞙�(beneficially owned)臧� 歆侅为 氤挫湢 欷戩澑 瓴冹溂搿� 響滌嫓霅橃柎 鞛堨姷雼堧嫟. 靹滊電� 2025雲� 09/02鞐� Andrea I. Rennig鞚� 雽�毽澑(Attorney鈥慽n鈥慺act)鞙茧 靹滊獏頄堨姷雼堧嫟.
Howard I. Ungerleider, administrateur d'Air Products & Chemicals, Inc. (APD), a d茅clar茅 sur le Formulaire 4 que le 01/09/2025 il a acquis 226,5493 unit茅s d'actions diff茅r茅es fictives dans le cadre du programme de r茅mun茅ration diff茅r茅e des administrateurs de la soci茅t茅. Ces unit茅s sont convertibles en un nombre 茅gal d'actions ordinaires et seront pay茅es 脿 la fin du mandat au conseil, soit en un seul versement, soit en jusqu'脿 dix 茅ch茅ances, conform茅ment au choix ant茅rieur. Le rapport indique un prix de r茅f茅rence de 294,27 $ et mentionne 226,5493 actions d茅tenues 脿 titre b茅n茅ficiaire apr猫s la transaction, d茅tenues directement. Le d茅p么t a 茅t茅 sign茅 le 02/09/2025 par Andrea I. Rennig en qualit茅 de mandataire.
Howard I. Ungerleider, ein Direktor von Air Products & Chemicals, Inc. (APD), berichtete im Formular 4, dass er am 01.09.2025 226,5493 Phantom鈥慏eferred鈥慡tock鈥慐inheiten im Rahmen des Deferred鈥慍ompensation鈥慞rogramms f眉r Direktoren erworben hat. Die Einheiten sind in die gleiche Anzahl von Stammaktien umwandelbar und werden nach Beendigung der Vorstandst盲tigkeit ausgezahlt, entweder als Einmalbetrag oder in bis zu zehn Raten entsprechend der zuvor getroffenen Wahl. Der Bericht nennt einen Referenzpreis von $294,27 und f眉hrt nach der Transaktion 226,5493 beg眉nstigt gehaltene Aktien auf, die direkt gehalten werden. Die Einreichung wurde am 02.09.2025 von Andrea I. Rennig als Bevollm盲chtigte unterzeichnet.
- Director received 226.5493 phantom units under the Deferred Compensation Program, preserving long-term alignment with shareholders
- Units convert one-for-one to common stock, providing clear linkage between deferred compensation and equity
- None.
Insights
TL;DR: Routine director deferred-compensation award; records receipt of phantom units convertible to shares after service.
The filing documents a non-cash grant under the issuer鈥檚 Deferred Compensation Program for Directors. The reported 226.5493 phantom units are payable in common stock after the director鈥檚 service ends, consistent with long-term, equity-linked director pay practices. There is no indication of open-market purchases, sales, or changes in board composition in this filing. For governance monitoring, this is a disclosure of standard deferred equity accruals rather than an active trading event by the director.
TL;DR: Disclosure shows issuance of deferred stock units at a referenced price, reflecting compensation deferral mechanics.
The Form 4 specifies that Phantom Stock units were acquired on 09/01/2025 and are convertible one-for-one into common shares when paid. The filing notes a price reference of $294.27, though the entry clarifies price is not applicable to the security type. The payment options鈥攍ump sum or up to ten installments鈥攁re noted, which affects the timing of share delivery but not immediate share dilution. This is a standard director compensation record with limited immediate market impact based on the filed information.
Howard I. Ungerleider, membro del consiglio di Air Products & Chemicals, Inc. (APD), ha dichiarato nel Modulo 4 che il 01/09/2025 ha acquisito 226,5493 unit脿 phantom di stock differito nell'ambito del Programma di Compensazione Differita per i direttori della societ脿. Le unit脿 sono convertibili in un pari numero di azioni ordinarie e saranno corrisposte alla cessazione del mandato consiliare, con possibilit脿 di ricevere l'importo in un'unica soluzione o in un massimo di dieci rate, come gi脿 scelto. Il rapporto indica un prezzo di riferimento di $294,27 e riporta la propriet脿 beneficiaria di 226,5493 azioni dopo la transazione, detenute direttamente. Il documento 猫 stato firmato il 02/09/2025 da Andrea I. Rennig in qualit脿 di procuratore.
Howard I. Ungerleider, miembro del directorio de Air Products & Chemicals, Inc. (APD), inform贸 en el Formulario 4 que el 01/09/2025 补诲辩耻颈谤颈贸 226,5493 unidades diferidas fantasma bajo el Programa de Compensaci贸n Diferida para directores de la compa帽铆a. Las unidades son convertibles en un n煤mero igual de acciones ordinarias y se pagar谩n al finalizar el servicio en la junta, ya sea en un solo pago o en hasta diez cuotas seg煤n la elecci贸n previa. El informe muestra un precio de referencia de $294,27 y lista 226,5493 acciones de propiedad beneficiaria tras la operaci贸n, mantenidas directamente. La presentaci贸n fue firmada el 02/09/2025 por Andrea I. Rennig como apoderada.
Howard I. Ungerleider, Air Products & Chemicals, Inc.(APD) 鞚挫偓鞚� Howard I. Ungerleider電� Form 4鞐� 2025雲� 09/01鞐� 須岇偓 鞚挫偓 鞐半磯鞐瓣赴氤挫儊鞝滊弰(Director Deferred Compensation Program)鞐� 霐半澕 226.5493臧滌潣 韺厐 鞐瓣赴 欤检嫕 雼渼毳� 旆摑頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 頃措嫻 雼渼電� 霃欖澕 靾橃潣 氤错喌欤�搿� 鞝勴櫂 臧�電ロ晿氅�, 鞚挫偓須� 鞛勱赴 膦呺 鞁� 鞚检嫓旮� 霕愲姅 鞚挫爠鞐� 靹犿儩頃� 雽�搿� 斓滊寑 10須� 攵勴暊搿� 歆�旮夒惄雼堧嫟. 氤搓碃靹滌棎電� 旮办 臧�瓴╈澊 $294.27搿� 旮办灛霅橃柎 鞛堦碃, 瓯半灅 頉� 226.5493欤检潣 鞁れ唽鞙�(beneficially owned)臧� 歆侅为 氤挫湢 欷戩澑 瓴冹溂搿� 響滌嫓霅橃柎 鞛堨姷雼堧嫟. 靹滊電� 2025雲� 09/02鞐� Andrea I. Rennig鞚� 雽�毽澑(Attorney鈥慽n鈥慺act)鞙茧 靹滊獏頄堨姷雼堧嫟.
Howard I. Ungerleider, administrateur d'Air Products & Chemicals, Inc. (APD), a d茅clar茅 sur le Formulaire 4 que le 01/09/2025 il a acquis 226,5493 unit茅s d'actions diff茅r茅es fictives dans le cadre du programme de r茅mun茅ration diff茅r茅e des administrateurs de la soci茅t茅. Ces unit茅s sont convertibles en un nombre 茅gal d'actions ordinaires et seront pay茅es 脿 la fin du mandat au conseil, soit en un seul versement, soit en jusqu'脿 dix 茅ch茅ances, conform茅ment au choix ant茅rieur. Le rapport indique un prix de r茅f茅rence de 294,27 $ et mentionne 226,5493 actions d茅tenues 脿 titre b茅n茅ficiaire apr猫s la transaction, d茅tenues directement. Le d茅p么t a 茅t茅 sign茅 le 02/09/2025 par Andrea I. Rennig en qualit茅 de mandataire.
Howard I. Ungerleider, ein Direktor von Air Products & Chemicals, Inc. (APD), berichtete im Formular 4, dass er am 01.09.2025 226,5493 Phantom鈥慏eferred鈥慡tock鈥慐inheiten im Rahmen des Deferred鈥慍ompensation鈥慞rogramms f眉r Direktoren erworben hat. Die Einheiten sind in die gleiche Anzahl von Stammaktien umwandelbar und werden nach Beendigung der Vorstandst盲tigkeit ausgezahlt, entweder als Einmalbetrag oder in bis zu zehn Raten entsprechend der zuvor getroffenen Wahl. Der Bericht nennt einen Referenzpreis von $294,27 und f眉hrt nach der Transaktion 226,5493 beg眉nstigt gehaltene Aktien auf, die direkt gehalten werden. Die Einreichung wurde am 02.09.2025 von Andrea I. Rennig als Bevollm盲chtigte unterzeichnet.
FAQ
What did APD director Howard Ungerleider report on Form 4?
When are the phantom units payable and how are they paid?
How many shares does the Form 4 show beneficially owned after the transaction for APD?
What price is shown on the Form 4 for the phantom units?
Who signed the Form 4 and when was it signed?
