Form 4: Carlisle Companies Director Acquires Additional Stock Units Due to Dividend Payment

Director Gregg A. Ostrander acquired additional restricted and deferred stock units in Carlisle Companies due to a quarterly dividend payment.

Summary

• On June 3, 2024, Gregg A. Ostrander, a director of Carlisle Companies Inc., acquired additional restricted stock units and deferred stock units as a result of the quarterly dividend declared and paid by the issuer.
• Ostrander acquired 50 restricted stock units, bringing the total number of restricted stock units beneficially owned to 23,775.
• Additionally, Ostrander acquired 28 deferred stock units, increasing the total number of deferred stock units beneficially owned to 28.
• The restricted stock units are fully vested and will be delivered upon termination of service as a director.
• The deferred stock units are payable in cash upon termination of service as a director, either in a lump sum or quarterly installments over ten years.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's acquisition of stock units due to a dividend payment is a routine event, but it reflects continued investment in the company.

Positives

• The acquisition of stock units reflects the director's continued investment in the company.
• The dividend payment indicates the company's financial health and commitment to returning value to shareholders.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting and payment terms of the stock units are tied to the director's future service.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's acquisition of stock units due to a dividend payment, which is a common practice.

Stakeholder Impact

• The dividend payment benefits shareholders, including the director, by providing additional stock units.

Key Dates