Form 4: Carlyle Group Inc. Executive Reports Tax-Related Stock Transaction

Charles Elliott Andrews Jr., Chief Accounting Officer of Carlyle Group Inc., reports the withholding of common stock shares for tax obligations related to vesting restricted stock units.

Summary

• On August 1, 2024, Charles Elliott Andrews Jr., Chief Accounting Officer of Carlyle Group Inc., had 13,773 shares of common stock withheld by the issuer to cover tax obligations.
• This transaction occurred at a price of $49.74 per share.
• Following the transaction, Andrews directly owns 131,111 shares of Carlyle Group Inc. common stock.
• The transaction was related to the vesting of previously reported restricted stock unit awards, and no shares were sold by the reporting person.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related transaction associated with the vesting of restricted stock units, a common form of executive compensation.

Comparison to Industry Standards

• Form 4 filings are standard practice across publicly traded companies, including competitors of Carlyle Group Inc., such as Apollo Global Management, Blackstone, and KKR.
• The reporting requirements and types of transactions disclosed are consistent across these firms.

Key Dates