secwatch.observer — SEC 8-K summary
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Issuer:     CHART INDUSTRIES INC (GTLS)
CIK:        0000892553
Form:       8-K
Filed at:   2025-06-04T23:59:59+00:00
Accession:  0001193125-25-134450
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Chart Industries merges with Flowserve in all-stock deal; Chart shareholders get 3.165 FLS shares per GTLS share
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- Exchange ratio: 1 Chart share = 3.165 Flowserve shares; Chart preferred converts into Flowserve preferred with same terms.
- Combined company headquartered in Dallas; Scott Rowe (Flowserve CEO) to be CEO, Jillian Evanko non-executive chair.
- Board of 12 members: 6 from Chart, 6 from Flowserve; John Garrison named lead independent director.
- Termination fees: Chart pays $250M, Flowserve pays $215M in cash under specified circumstances.
- Conditions include antitrust clearance, stockholder approvals, and no regulatory restraints; outside date is one year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/892553/000119312525134450/0001193125-25-134450-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/892553/000119312525134450/d847684d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-134450

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