Form 4: Carlyle Officer Boosts Holdings with RSU Grants

Carlyle Group's Chief Accounting Officer, Charles E. Andrews Jr., reported acquiring 23,240 restricted stock units, increasing his beneficial ownership to 153,330 shares.

Summary

• Charles E. Andrews Jr., Chief Accounting Officer of Carlyle Group Inc. (CG), reported transactions on February 1, 2026.
• He acquired a total of 23,240 shares of common stock through two restricted stock unit (RSU) awards.
• One RSU award was for 15,493 shares, vesting 40% on August 1, 2027, 30% on August 1, 2028, and 30% on August 1, 2029.
• A second RSU award was for 7,747 shares, vesting 1/3 on February 1, 2027, February 1, 2028, and February 1, 2029.
• 1,084 shares of common stock were withheld by the Issuer at a price of $58.78 per share to cover tax obligations related to a previously vested RSU award.
• No shares were sold by Mr. Andrews Jr. in connection with the tax withholding.
• Following these transactions, Mr. Andrews Jr. beneficially owns 153,330 shares of Carlyle Group Inc. common stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, reflecting ongoing executive incentive alignment and an increase in insider ownership, which generally bodes well for long-term company performance.

Positives

• Chief Accounting Officer Charles E. Andrews Jr. received significant restricted stock unit awards totaling 23,240 shares, indicating continued incentive and alignment with shareholder interests.
• The increase in beneficial ownership to 153,330 shares demonstrates management's growing stake in the company.
• The tax withholding transaction was not a sale by the reporting person, but rather a mechanism for the Issuer to cover tax liabilities on vested awards, preserving the officer's direct investment.

Negatives

• 1,084 shares were effectively "disposed of" by being withheld for tax purposes, reducing the immediate share count from a previously vested award.

Risks

• The vesting of restricted stock units is contingent upon the reporting person's continued service at the Issuer on the applicable vesting dates.

Future Outlook

The filing indicates future vesting events for the restricted stock unit awards, with shares scheduled to vest in tranches on August 1, 2027, February 1, 2027, August 1, 2028, February 1, 2028, August 1, 2029, and February 1, 2029, contingent on continued service.

Industry Context

StockSavvy.ai notes that executive compensation through restricted stock units is a common practice in the financial services industry, particularly for private equity firms like Carlyle Group, aligning executive incentives with long-term company performance and shareholder value creation.

Stakeholder Impact

• Shareholders: Increased insider ownership may signal confidence in the company's future, potentially aligning management interests with shareholder value.
• Employees: The RSU awards demonstrate the company's compensation strategy for key executives, which can influence broader employee incentive programs.

Next Steps

• Continued service of Charles E. Andrews Jr. at Carlyle Group Inc. to ensure vesting of restricted stock units.
• Future vesting events for the 15,493 RSU award on August 1, 2027, August 1, 2028, and August 1, 2029.
• Future vesting events for the 7,747 RSU award on February 1, 2027, February 1, 2028, and February 1, 2029.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation through restricted stock unit grants and a standard tax withholding event. While the increase in beneficial ownership is a positive signal of management alignment, these transactions are not significant enough to warrant a change in investment recommendation based solely on this filing. Investors should consider broader company fundamentals and market conditions.

Keywords

Carlyle Group, CG, SEC Form 4, Insider Trading, Restricted Stock Units, RSU, Executive Compensation, Stock Award, Beneficial Ownership, Chief Accounting Officer