Air Products & Chemicals (APD)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2025-12-31 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: Air Products & Chemicals, Inc. (APD) CIK: 0000002969 --- Reporting Owner --- Name: Stern Alfred CIK: 0002053457 Role: Director --- Derivative Transactions --- [Transaction #1] Security: Phantom Stock Date: 2025-12-31 | Code: A (Grant or award) Shares: +103.6072 | Price: $248.91 Shares Owned After: 823.6363 | Ownership: D (Direct) Footnotes: [F1] Phantom deferred stock units (Units) acquired under the Air Products Stock Account of the issuer's Deferred Compensation Program for Directors, under the Company's Long-Term Incentive Plan. [F2] Not applicable to this security [F3] These Units are payable in the form of shares of common stock equal in number to the Units, at the time elected by the reporting person, which is generally after service on the Company's Board of Directors ends. Units may be paid in a lump sum or up to ten installments as elected by the reporting person in advance. [F3] These Units are payable in the form of shares of common stock equal in number to the Units, at the time elected by the reporting person, which is generally after service on the Company's Board of Directors ends. Units may be paid in a lump sum or up to ten installments as elected by the reporting person in advance. --- Footnotes (Complete Index) --- F1: Phantom deferred stock units (Units) acquired under the Air Products Stock Account of the issuer's Deferred Compensation Program for Directors, under the Company's Long-Term Incentive Plan. F2: Not applicable to this security F3: These Units are payable in the form of shares of common stock equal in number to the Units, at the time elected by the reporting person, which is generally after service on the Company's Board of Directors ends. Units may be paid in a lump sum or up to ten installments as elected by the reporting person in advance. --- Signature --- /s/ Andrea I. Rennig as Attorney in Fact (2026-01-05)