Form 4: Carrier Global Corp Executive Kevin J. O'Connor Reports Stock Transactions

Senior VP & CLO of Carrier Global Corp, Kevin J. O'Connor, reports the exercise of stock appreciation rights and subsequent sale of shares on November 6, 2024.

Summary

• Kevin J. O'Connor, Senior VP & CLO of Carrier Global Corp, reported transactions involving Carrier Global Corp [CARR] common stock on November 6, 2024.
• O'Connor exercised stock appreciation rights (SARs) which were settled in shares.
• 217,150 SARs with an exercise price of $25.6 were exercised and settled in shares.
• 32,000 SARs with an exercise price of $16.55 were exercised and settled in shares.
• Following the exercise of SARs, O'Connor disposed of 167,183 shares of common stock at a weighted average price of $73.4626.
• An additional 81,967 shares were disposed of.
• After these transactions, O'Connor directly owns 46,083 shares of Carrier Global Corp common stock.
• O'Connor also directly owns 78,200 Stock Appreciation Rights.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for officers of publicly traded companies in the United States, ensuring transparency in their trading activities.
• The details provided in this filing are consistent with the level of information expected in such disclosures, allowing investors to monitor insider transactions.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as insider selling can sometimes be perceived negatively, although this appears to be a routine transaction related to stock options.

Key Dates