Director sold ~$19.9M of APD shares in the open market

Past results only. Not a forecast.

Record ID

0001104659-26-014718

Filed / recorded

Feb 13, 2026, 6:19 PM UTC

Added to OQRO

Oct 2, 2026, 12:26 PM UTC

Parser

form4-xml-v1

Data quality

Verified: identifiers matched exactly

Issuer

Air Products & Chemicals, Inc.

Issuer CIK

2969

Ticker

APD

Reporting person

Mantle Ridge LP

Relationship

Director, Other

Security

Common Stock, par value $1.00 per share

Table

Non-derivative (Table I)

Transaction date

Feb 12, 2026

Transaction code

S

Shares / units

70,175

Price per share

$284.21

Acquired / disposed

Disposed (D)

Shares owned after

93,499

Ownership form

Indirect — See footnotes

Amendment

No

1. 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").
2. 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").
3. 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.
4. 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.
5. 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.