Summary
Linde plc (LIN) filed an 8-K on January 25, 2019, to announce the adoption of the Linde plc Annual Variable Compensation Plan, effective January 1, 2019. This plan outlines the framework for awarding annual variable compensation to the Company's executive officers and other eligible employees. While the filing does not disclose specific award amounts or targets, it signifies the formalization of a performance-based incentive program designed to align executive and employee compensation with company performance.
Key Highlights
- 1Adoption of the Linde plc Annual Variable Compensation Plan effective January 1, 2019.
- 2The plan covers annual variable compensation awards for executive officers and eligible employees.
- 3This filing formalizes the company's approach to short-term incentive compensation.
- 4The plan is intended to align employee compensation with company performance metrics.
- 5The full text of the plan is available as Exhibit 10.1 to the 8-K filing.