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Sell4
Air Products & Chemicals, Inc.
APD
Total Value
$19.9M
Net $19.9M sold
Sales
$19.9M
1 transaction
Company Information
- Company Name
- Air Products & Chemicals, Inc.
- Ticker Symbol
- APD
- CIK
- 0000002969
Insider Information
- Name
- Mantle Ridge LP
- Role
- Director
- Location
- NEW YORK, NY
Director
Filing Details
- Filing Date
- Feb 13, 2026
- Transaction Date
- Feb 12, 2026
- Accession Number
- 0001104659-26-014718
- Form Type
- 4
- Net Trading Amount
- -$19.9M
Non-Derivative Transactions
| Date | Security | Shares | Price | Type | Value |
|---|---|---|---|---|---|
| Feb 12, 2026 | Common Stock, par value $1.00 per share | 3,943,847 | — | Other | — |
| Feb 12, 2026 | Common Stock, par value $1.00 per share | 70,175 | $284.21 | Sale | $19.9M |
| Feb 12, 2026 | Common Stock, par value $1.00 per share | 1,759 | — | Bona Fide Gift | — |
Footnotes
- (F1)In addition to Mantle Ridge LP, a Delaware limited partnership ("Mantle Ridge"), this Form 4 is being filed jointly by Eagle Advisor LLC, a Delaware limited liability company ("Eagle Advisor"), and Paul C. Hilal, a citizen of the United States of America (collectively, the "Reporting Persons"), each of whom has the same business address as Mantle Ridge and may be deemed to have a pecuniary interest in securities reported on this Form 4 (the "Subject Securities").
- (F2)Eagle Advisor, a wholly owned subsidiary of Mantle Ridge, advises Eagle Fund A1 Ltd, Eagle Fund A2 Ltd, Eagle Fund B1 Ltd and Eagle Fund B1 Ltd, each a Cayman Islands exempted company (all such funds and certain related limited partnerships, the "Eagle Funds").
- (F3)Eagle Advisor, as the investment adviser to the Eagle Funds, may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"). By virtue of Paul C. Hilal's position as ultimately controlling Eagle Advisor and Mantle Ridge, Paul C. Hilal may be deemed to be the beneficial owner of the Subject Securities for purposes of Rule 16a-1(a). Each of the Reporting Persons disclaims any beneficial ownership of any of the Subject Securities, except to the extent of any pecuniary interest therein.
- (F4)Paul C. Hilal is a member of the board of directors of the Issuer, and as a result, each of the other Reporting Persons may be directors by deputization for purposes of Section 16 of the Exchange Act.
- (F5)The Reporting Persons caused the Eagle Funds to distribute these Subject Securities to direct and indirect owners of the Eagle Funds on a pro rata basis. No consideration was paid in connection with these distributions. These transactions principally relate to the distribution of shares and cash to and among the limited partners of the Eagle Funds and members of the Eagle Funds' general partner.
- (F6)The Reporting Persons have no plans to sell any shares of the Issuer currently or in the foreseeable future. Paul C. Hilal intends to maintain these holdings and continue serving as a director of the board of directors of the Issuer.
- (F7)By virtue of Paul. C. Hilal's position as ultimately controlling various entities that hold the Subject Securities, Paul. C. Hilal may be deemed to be the beneficial owner of these shares for purposes of Rule 16a-1(a) under the Exchange Act. Paul. C. Hilal disclaims beneficial ownership of any of these Subject Securities, except to the extent of any pecuniary interest therein.
- (F8)Reflects shares contributed by Paul C. Hilal to certain charitable organizations.