Chart Industries Announces Mandatory Conversion of Series B Preferred Shares to Common Stock Effective December 15, 2025

Reuters12-12

Chart Industries Announces Mandatory Conversion of Series B Preferred Shares to Common Stock Effective December 15, 2025

Chart Industries Inc. has announced that on December 15, 2025, each outstanding depositary share of its 6.75% Series B Mandatory Convertible Preferred Stock will automatically convert into common stock. Each depositary share, representing a 1/20th interest in a share of preferred stock, will convert into 0.3526 shares of common stock, reflecting a conversion rate determined by the average share price over a specified period. No action is required by holders for the conversion, and any fractional shares will be settled in cash. Trading of the depositary shares is expected to be suspended prior to the conversion date, after which the shares will be delisted.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chart Industries Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-316089), on December 11, 2025, and is solely responsible for the information contained therein.

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