Form 4: Carlyle Group Inc. General Counsel Jeffrey W. Ferguson Reports Changes in Beneficial Ownership

Jeffrey W. Ferguson, General Counsel of Carlyle Group Inc., reports acquisition and disposal of common stock and restricted stock units.

Summary

• On February 1, 2025, Jeffrey W. Ferguson, General Counsel of Carlyle Group Inc., reported changes in beneficial ownership.
• These changes involve the withholding of 13,952 shares of common stock for tax obligations at a price of $56.16 per share, the acquisition of 62,134 restricted stock units, and the acquisition of 3,462 restricted stock units.
• Following these transactions, Ferguson beneficially owns 1,329,054 shares of Carlyle Group Inc. common stock.
• The restricted stock units vest over time, contingent upon continued service at the company.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document is a standard regulatory filing detailing stock transactions. The acquisition of restricted stock units is generally a positive sign, but the withholding of shares for taxes is a neutral event.

Positives

• The acquisition of restricted stock units suggests a continued alignment of Ferguson's interests with the long-term performance of Carlyle Group Inc.

Risks

• The vesting of restricted stock units is contingent upon continued service, creating a potential risk if Ferguson were to leave the company before the vesting dates.

Future Outlook

The vesting schedule of the restricted stock units extends to August 1, 2028, indicating a long-term commitment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Similar filings are common among publicly traded companies like Blackstone (BX), Apollo Global Management (APO), and KKR & Co. Inc. (KKR) when executives receive stock or equity-based compensation.
• The vesting schedules are typical for executive compensation packages in the financial industry, designed to incentivize long-term performance and retention.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The vesting schedule incentivizes the General Counsel to remain with the company, benefiting employees and other stakeholders.

Key Dates

Keywords

beneficial ownership, Carlyle Group, restricted stock units, common stock, Form 4, Ferguson, General Counsel