Chart Industries Officer Disposes All Equity Holdings Following Baker Hughes Merger

2026-07-16SEC Filing 4 (0001772117-26-000008)

This Form 4 filing reports that Herbert Hotchkiss, VP, GC and Secretary of Chart Industries, disposed of all his equity holdings in Chart Industries following the company's merger with Baker Hughes. The merger, effective July 16, 2026, resulted in the automatic conversion of Chart Industries common stock into cash at $210 per share. Hotchkiss disposed of 23,553 shares directly and 296 shares indirectly through his spouse's IRA, all at $210 per share. Additionally, his equity awards were converted: 2,930 stock options were converted to cash based on the spread between the merger price and exercise price, 8,590 restricted stock units were converted (2,890 to cash and 5,700 to Baker Hughes RSUs), and 4,151 performance stock units were converted to cash pro-rated based on time served. Following these transactions, Hotchkiss holds zero shares or equity awards in Chart Industries.