4/A: Carlisle Companies CEO D. Christian Koch Reports Stock and Option Grant in Form 4/A Filing
SEC Form 4/A Filing
D. Christian Koch, Chair, President & CEO of Carlisle Companies, reports the acquisition of restricted stock and stock options in a Form 4/A filing with the SEC.
Summary
- D. Christian Koch, Chair, President & CEO of Carlisle Companies, filed a Form 4/A with the SEC.
- The filing reports a grant of 6,605 restricted shares of common stock from the issuer for services as an executive officer, valued at $0.
- It also includes 34 shares acquired in the issuer's defined contribution plan during the prior year.
- Koch also acquired 23,250 employee stock options with an exercise price of $395.46, vesting in three equal annual installments beginning on January 28, 2026.
- The filing indicates that Koch directly owns 93,291 shares of common stock following the reported transactions.
- Additionally, Koch indirectly owns 135,000 shares through a limited liability company where he has full investment authority.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects standard executive compensation practices and aligns management with shareholder interests. There are no red flags or negative indicators.
Positives
- The grant of restricted stock and stock options aligns the CEO's interests with those of the shareholders.
- The vesting schedule for the stock options incentivizes long-term performance.
Future Outlook
The document does not contain specific forward-looking statements, but the stock and option grants suggest an expectation of continued service and performance from the CEO.
Industry Context
Executive compensation packages often include stock and option grants to align management's interests with those of shareholders. This filing provides insight into the compensation structure for Carlisle Companies' CEO.
Comparison to Industry Standards
- Executive compensation packages vary widely across industries and companies of similar size to Carlisle Companies.
- Typically, CEO compensation includes a mix of base salary, bonus, stock options, and restricted stock.
- The specific terms of the stock options, such as the exercise price and vesting schedule, are common elements in executive compensation agreements.
- Comparing the total compensation package to peers in the building materials or diversified industrials sector would provide a more complete assessment.
Stakeholder Impact
- The stock and option grants could positively impact shareholders by incentivizing the CEO to improve company performance.
- The grants also impact the CEO's personal financial stake in the company.
Key Dates
| Date | Description |
|---|---|
| 01/28/2025 | Date of earliest transaction (grant of restricted stock and stock options). |
| 01/28/2026 | First vesting date for the employee stock options. |
| 01/27/2035 | Expiration date for the employee stock options. |
| 02/11/2025 | Date of signature for the Form 4/A filing. |
Keywords
Form 4, Carlisle Companies, Stock Options, Restricted Stock, Beneficial Ownership, D. Christian Koch, Executive Compensation
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