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

Director Virginia M. Wilson acquired 3,653.1183 stock units of Carrier Global Corp as part of the company's Deferred Stock Unit Plan on April 9, 2025.

Summary

• On April 9, 2025, Virginia M. Wilson, a director of Carrier Global Corp, acquired 3,653.1183 stock units under the company's Board of Directors Deferred Stock Unit Plan.
• The acquisition is related to her annual compensation for service as a non-employee director.
• The price of the stock units was $60.77.
• Following the transaction, Wilson beneficially owns 32,849.9447 shares of Carrier Global Corp common stock.
• The Deferred Stock Unit Plan allows directors to receive a portion or all of their annual compensation in Deferred Stock Units (DSUs).
• Upon resignation, removal, or retirement from the Board, the DSUs are converted into an equal number of shares of Carrier common stock and distributed either in a lump-sum or in installments, based on the director's prior election.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and well-structured corporate governance. The sentiment is neutral to slightly positive as it shows alignment of director and shareholder interests.

Positives

• The acquisition reflects the director's continued investment in the company.
• The Deferred Stock Unit Plan aligns the interests of directors with those of shareholders.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Director stock ownership is a common practice in publicly traded companies to align the interests of board members with those of shareholders. Deferred stock unit plans are a typical component of director compensation packages.

Comparison to Industry Standards

• Director compensation packages, including deferred stock units, are common across S&P 500 companies.
• Companies like United Technologies (prior to its split) and Raytheon Technologies, which operate in similar industries, also utilize stock-based compensation for their directors.
• The specific amount of stock units granted varies based on company size, performance, and industry benchmarks.

Stakeholder Impact

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

Key Dates

Keywords

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