Company insider dossier

Air Products and Chemicals Inc insider intelligence

APD filings assessed for conviction, transaction quality, insider breadth, clustering, freshness, and price confirmation.

28/100

Concentrated distribution

56/100 confidence
Exchange
NYSE
Sector
Basic Materials
Industry
Specialty Chemicals
Latest evidence
30 Jun 2026

Investment committee read

Concentrated distribution

Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.

Review exposure and filing context

Evidence in favour

  • Participation spans 9 named insiders rather than one filing source.

Decision risks

  • Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.
  • Most filings are awards, derivatives, unpriced common shares, or other securities and remain contextual.
  • The latest qualifying filing is more than 30 days old.
Conviction28Concentrated distribution
Confidence56Developing
Named insiders9participating in the tape
Controlled events1directional common-share events
Acquisition value$272.3Knormalized amount
Disposal value$824.4Knormalized amount

Price confirmation map

Weekly price with common-share events

Acquisitions and disposals are aligned to the nearest completed weekly bar.

314.19294.84275.48256.13236.78 Disposal ยท 1 May 2026 ยท $824.4K
Mar 2025Sep 2026
Weekly closeCommon-share acquisitionCommon-share disposal

Market confirmation

Price and trend context

Latest close
291.43 USD
One-week move
-3.3%
Four-week move
-5.7%
Fair-value gap
+7.5%
Trend signal
Active
Relative strength
-3.5

Directional balance

Controlled event mix

0.0%acquisition
Acquisition events
0
Disposal events
1
Net value
-$552.1K

Cadence

Twelve-week filing pressure

Volume shows attention. Controlled events determine direction.

829 Jun
006 Jul
013 Jul
020 Jul
027 Jul
003 Aug
010 Aug
017 Aug
024 Aug
031 Aug
007 Sep
014 Sep

Named participants

Insider conviction by person

CALAWAY, TONIT MDirector500 events
EVANS, ANDREW WDirector500 events
GRAZIANO, JESSICADirector500 events
PATEL, BHAVESH V.Director500 events
REILLEY, DENNIS HDirector500 events
SMITH, WAYNE THOMASDirector500 events
STERN, ALFREDDirector500 events
UNGERLEIDER, HOWARD IDirector500 events
SCHAEFFER, MELISSA N.Exec Vice President and CFO281 events

Evidence quality

Security and transaction context

Common equity1
Equity compensation16
Options and derivatives0
Other securities0

Role architecture

Who is participating

Director16
Finance leadership1

Transaction evidence

Auditable APD filing ledger

Showing 1 to 17 of 17.

GRAZIANO, JESSICADirector
AcquisitionEquity compensation
174 sharesPhantom Stock
$47.1KContext evidence
PATEL, BHAVESH V.Director
AcquisitionEquity compensation
141 sharesPhantom Stock
$38.3KContext evidence
STERN, ALFREDDirector
AcquisitionEquity compensation
101 sharesPhantom Stock
$27.5KContext evidence
SMITH, WAYNE THOMASDirector
AcquisitionEquity compensation
35 sharesPhantom Stock
$9.4KContext evidence
CALAWAY, TONIT MDirector
AcquisitionEquity compensation
21 sharesPhantom Stock
$5.6KContext evidence
REILLEY, DENNIS HDirector
AcquisitionEquity compensation
18 sharesPhantom Stock
$4.9KContext evidence
EVANS, ANDREW WDirector
AcquisitionEquity compensation
8 sharesPhantom Stock
$2.2KContext evidence
UNGERLEIDER, HOWARD IDirector
AcquisitionEquity compensation
6 sharesPhantom Stock
$1.8KContext evidence
SCHAEFFER, MELISSA N.Exec Vice President and CFO
DisposalCommon equity
2714 sharesCommon Stock
$824.4KDirectional evidence
GRAZIANO, JESSICADirector
AcquisitionEquity compensation
161 sharesPhantom Stock
$46.8KContext evidence
PATEL, BHAVESH V.Director
AcquisitionEquity compensation
130 sharesPhantom Stock
$38.0KContext evidence
STERN, ALFREDDirector
AcquisitionEquity compensation
94 sharesPhantom Stock
$27.3KContext evidence
SMITH, WAYNE THOMASDirector
AcquisitionEquity compensation
32 sharesPhantom Stock
$9.2KContext evidence
CALAWAY, TONIT MDirector
AcquisitionEquity compensation
19 sharesPhantom Stock
$5.5KContext evidence
REILLEY, DENNIS HDirector
AcquisitionEquity compensation
16 sharesPhantom Stock
$4.8KContext evidence
EVANS, ANDREW WDirector
AcquisitionEquity compensation
8 sharesPhantom Stock
$2.2KContext evidence
UNGERLEIDER, HOWARD IDirector
AcquisitionEquity compensation
6 sharesPhantom Stock
$1.7KContext evidence

Reading the dossier

Direction and confidence are separate

Conviction

The 0 to 100 score classifies deduplicated priced common-share evidence. Fifty is balanced or non-directional.

Confidence

Confidence rises with controlled event depth, named-insider breadth, fresh evidence, normalized values, and a longer observation span.

Disposals

Selling is not treated as the mirror image of buying. It carries less directional weight because taxes, diversification, compensation, and planned transactions can all create sales.

Price confirmation

The market chart tests whether the filing thesis is being confirmed or rejected by price, fair-value position, relative strength, and the current trend state.

Independent market research for education. This classification is not investment advice, a recommendation, a forecast, or an execution instruction.

Evidence context