Form 4: Carlyle Group CEO Harvey Schwartz Reports Acquisition of Dividend Equivalent Units
SEC Form 4
Harvey Schwartz, CEO of Carlyle Group Inc., reports the acquisition of 44,052 dividend equivalent units related to existing restricted stock unit awards.
Summary
- Harvey M. Schwartz, the CEO of Carlyle Group Inc., filed a Form 4 on May 23, 2024, reporting a transaction that occurred on May 21, 2024.
- The transaction involved the acquisition of 44,052 shares of common stock, specifically dividend equivalent units.
- These units were accrued on existing time-based and performance-based restricted stock unit awards granted on February 15, 2023.
- The dividend equivalent units will vest on the same schedule and are subject to the same terms and conditions as the underlying awards.
- Following the reported transaction, Schwartz beneficially owns 7,042,876 shares of Carlyle Group Inc. common stock directly.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to executive compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and ownership in a publicly traded company. It reflects the ongoing accrual of dividend equivalents on previously granted equity awards, which is a common practice.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it primarily reflects internal compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| 02/15/2023 | Date of grant for the underlying time-based and performance-based restricted stock unit awards. |
| 05/21/2024 | Date of transaction: Acquisition of dividend equivalent units. |
| 05/23/2024 | Date of Form 4 filing. |
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