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

Director Maximilian Viessmann acquired 3,208.8201 stock units of Carrier Global Corp as part of the company's Deferred Stock Unit Plan.

Summary

• On April 9, 2025, Maximilian Viessmann, a director of Carrier Global Corp, acquired 3,208.8201 Deferred Stock Units (DSUs) under the company's Board of Directors Deferred Stock Unit Plan.
• The DSUs were acquired as part of Viessmann's annual compensation for service as a non-employee director.
• The price of the stock at the time of the transaction was $60.77.
• Following the transaction, Viessmann beneficially owns 8,402.2242 shares of Carrier Global Corp.
• The 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, according to the director's previous election.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a routine transaction related to director compensation, indicating alignment of interests between the director and shareholders.

Positives

• The acquisition of stock units by a director demonstrates alignment with shareholder interests.
• The Deferred Stock Unit Plan incentivizes long-term commitment from board members.

Future Outlook

The Deferred Stock Units will be converted into shares of Carrier common stock upon the director's resignation, removal, or retirement from the Board, and distributed either in a lump-sum or in installments.

Industry Context

This filing is a routine disclosure related to director compensation and stock ownership, common among publicly traded companies. It reflects standard practices for aligning director interests with those of shareholders.

Comparison to Industry Standards

• Deferred Stock Unit plans are a common form of compensation for non-employee directors in publicly traded companies, including those in the HVAC and building solutions industries.
• Companies like Johnson Controls and Trane Technologies also utilize similar equity-based compensation plans for their board members.
• The amount of DSUs granted to directors is generally comparable across similar-sized companies in the same industry.

Stakeholder Impact

• Shareholders may view the director's acquisition of stock units positively, as it aligns their interests with the company's long-term performance.

Key Dates

Keywords

Director, Deferred Stock Units, Compensation, CARR, Carrier Global Corp, Beneficial Ownership, Form 4