---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-015100"
form_type: "8-K"
ticker: "LIN"
cik: "0001707925"
company_name: "LINDE PLC"
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T11:26:26.080422+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Linde EVP John Panikar retires; gets $525K severance plus up to $665K bonus

## Summary
- John Panikar, former EVP-APAC, retired as executive officer Nov 1, 2024, will serve non-exec role through March 31, 2025.
- He earns $700K annual salary during transition and remains eligible for 2024 performance bonus.
- Severance: $525K in 18 semi-monthly installments of $29,166.67 plus a lump sum of $235,658.
- Additional severance: $665K (2025 target bonus) times actual 2025 performance factor, paid by March 15, 2026.
- Restrictive covenants reaffirmed: confidentiality, two-year non-solicitation (employees/customers) and non-compete.

## SEC filing metadata
- accession: 0001654954-24-015100
- form_type: 8-K
- ticker: LIN
- cik: 0001707925
- company_name: LINDE PLC
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1707925/000165495424015100/0001654954-24-015100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1707925/000165495424015100/linde_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-015100
- JSON: https://secwatch.observer/filing/0001654954-24-015100.json
- Plain text: https://secwatch.observer/filing/0001654954-24-015100.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.