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 stock transactions on May 21, 2024.
Summary
- On May 21, 2024, Kyle Crockett, VP, Controller & CAO of Carrier Global Corp, executed transactions involving Carrier Global Corp [CARR] common stock.
- Crockett exercised 7,500 Stock Appreciation Rights (SARs) at a price of $25.58, receiving 7,500 shares of common stock.
- Following the exercise, 2,889 shares were disposed of to cover the exercise cost at a price of $66.39.
- Additionally, 4,611 shares were sold at $66.392.
- 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 by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely negligible.
Key Dates
| Date | Description |
|---|---|
| 02/04/2023 | Date Stock Appreciation Right exercisable |
| 05/21/2024 | Date of stock transactions (exercise of SARs and sale of shares) |
| 05/23/2024 | Date of signature on the Form 4 filing |
| 02/03/2030 | Expiration date of Stock Appreciation Right |
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