Form 4: Carrier Global Corp Director Acquires Stock Units as Part of Compensation Plan

Director John J Greisch acquired 6,072.075 stock units of Carrier Global Corp as part of the company's Board of Directors Deferred Stock Unit Plan.

Summary

• On April 9, 2025, John J Greisch, a director of Carrier Global Corp, acquired 6,072.075 stock units.
• The acquisition was made under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan.
• These stock units are part of the director's annual compensation for service as a non-employee director.
• The price of the stock was $60.77.
• Following the transaction, Greisch beneficially owns 55,999.0764 shares.
• Upon resignation, removal, or retirement from the Board, the DSUs in the director's account under the Plan, including accrued dividend equivalents, are converted into an equal number of shares of Carrier common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-structured governance process. It is neither exceptionally positive nor negative.

Positives

• The acquisition of stock units by a director demonstrates alignment with the company's long-term success.

Future Outlook

The Deferred Stock Units (DSUs) will be converted into an equal number of shares of Carrier common stock upon resignation, removal, or retirement from the Board, and distributed either in a lump-sum or in installments, based on the director's election.

Industry Context

Director compensation in the form of stock units is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Stock-based compensation for directors is a standard practice among S&P 500 companies, often used to incentivize long-term value creation.
• Companies like Honeywell and RTX also utilize deferred stock unit plans for their board members.
• The specific amount of stock units granted varies based on company size, performance, and director responsibilities.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

Keywords

Director, Stock Units, Deferred Stock Unit Plan, Compensation, Carrier Global Corp, CARR