What is the nature and purpose of the 34.5733 phantom stock units granted to Air Products director Wayne Thomas Smith?

The 34.5733 phantom stock units granted to Wayne Thomas Smith are part of Air Products & Chemicals Inc.'s Deferred Compensation Program for Directors, serving as deferred compensation; they are not acquired through open-market trading, will be settled in common stock shares upon conclusion of his board service, and are valued at $271.35 per unit.

How does this grant affect Wayne Thomas Smith's total phantom stock holdings at Air Products?

This grant increases Wayne Thomas Smith's total phantom stock holdings to 5,217.706 units, reflecting an incremental addition to his existing balance under the company's Deferred Compensation Program for Directors.

Air Products Director Awarded Phantom Stock Units as Deferred Pay

Jul 2, 2026

Air Products & Chemicals director Wayne Thomas Smith was granted 34.57 phantom stock units valued at $271.35 each as deferred compensation under the company's board program.

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