Form 4: Carrier Global Corp Executive Kyle Crockett Reports Stock Transactions
SEC Form 4 Filing
VP, Controller & CAO of Carrier Global Corp, Kyle Crockett, reports the exercise of stock appreciation rights and subsequent sale of shares.
Summary
- Kyle Crockett, VP, Controller & CAO of Carrier Global Corp, reported transactions involving Carrier Global Corp common stock on November 7, 2024.
- Crockett exercised 17,500 Stock Appreciation Rights (SARs) at a price of $25.58, which were settled in shares.
- Following the exercise, Crockett disposed of 5,853 shares to cover the exercise cost and sold 11,647 shares at a weighted average price of $76.3357, with prices ranging from $76.32 to $76.385 per share.
- After these transactions, Crockett directly owns 2,042 shares of Carrier Global Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, which is a common occurrence in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/04/2023 | Date Stock Appreciation Right was exercisable |
| 11/07/2024 | Date of stock transactions (exercise of SARs and sale of shares) |
| 11/08/2024 | Date of report filing |
| 02/03/2030 | Expiration date of Stock Appreciation Right |
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