Form 4: Carlisle Companies Inc. Executive Acquires Shares and Disposes of Shares for Tax Obligations

David W. Smith, VP of Sustainability at Carlisle Companies Inc., acquired 500 shares and disposed of 210 shares to cover tax obligations.

Summary

• On February 8, 2025, David W. Smith, VP of Sustainability at Carlisle Companies Inc. (CSL), acquired 500 shares of common stock.
• These shares represent performance shares earned for services as an executive officer.
• On the same day, Smith disposed of 210 shares of common stock at a price of $350.53.
• This disposal was to satisfy the reporting person's withholding tax obligation related to the earned performance shares and the vesting of previously awarded restricted shares.
• Following these transactions, Smith directly owns 3,309 shares of Carlisle Companies Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations.

Positives

• The acquisition of performance shares indicates that the executive is meeting performance goals.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency into the trading activities of company insiders.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Carlisle Companies Inc, CSL, David W. Smith, Form 4, Insider Trading, Beneficial Ownership, Performance Shares, Tax Obligations, Sustainability