Air Products & Chemicals Director Acquires Phantom Stock Units
Air Products & Chemicals, Inc.
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Filing Summary
# APD Insider Transaction
**Insider:** Howard I Ungerleider (Director)
**Type:** Acquisition (Phantom Stock via Deferred Compensation)
**Shares:** 6.323 @ $279.19
**Value:** $1,765.32
**Current Holdings:** 981.6371 phantom units
**Significance:** Low (Routine Director Deferred Compensation)
Comprehensive Analysis
Executive Summary
On September 30, 2026, Air Products & Chemicals, Inc. (NYSE: APD) Director Howard I. Ungerleider acquired 6.323 units of phantom stock valued at $279.19 per unit, amounting to approximately $1,765.32. The transaction was filed via Form 4 on October 1, 2026.
Transaction Details
- Security: Phantom Stock (payable in common stock upon cessation of board service or per advance election)
- Transaction Code: 'A' (Award / Deferred Compensation)
- Units Acquired: 6.323
- Unit Price: $279.19
- Post-Transaction Holdings: 981.6371 units held directly
- Nature of Award: Acquired under the Air Products Stock Account of the issuer's Deferred Compensation Program for Directors under the Company's Long-Term Incentive Plan.
Significance
The trading significance of this filing is Low. The acquisition represents routine equity-based compensation/deferred compensation accruals rather than an open-market discretionary purchase or sale.
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