Form 4: Carlisle Companies Director Sheryl Palmer Receives Restricted Stock Grant

Director Sheryl Palmer received a grant of 111 restricted shares of Carlisle Companies stock for her services as a director.

Summary

• Sheryl Palmer, a director at Carlisle Companies Inc., received 111 restricted shares of common stock on January 28, 2025.
• The shares were granted as compensation for her services as a director.
• The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, a standard compensation practice for directors, and is neither particularly positive nor negative.

Positives

• The grant of restricted stock aligns the director's interests with those of the shareholders.
• The grant is a form of compensation for the director's service.

Industry Context

This type of stock grant is a common practice for compensating board members in publicly traded companies.

Comparison to Industry Standards

• Many public companies use restricted stock grants as part of their compensation packages for directors.
• The number of shares granted is relatively small, suggesting it is a standard part of the director's compensation rather than a significant one-off award.
• Companies like Honeywell, 3M, and Danaher also use similar methods to compensate their board members.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders.
• The grant is a form of compensation for the director's service.

Key Dates

Keywords

restricted stock, director compensation, Form 4, Carlisle Companies, Sheryl Palmer, corporate governance