Form 4: Carrier Global Corp Executive Nadia Villeneuve Reports Stock Transactions

Nadia Villeneuve, Senior VP & CHRO of Carrier Global Corp, reports the acquisition of 22,972 shares and disposal of 6,863 shares of common stock on February 3, 2025.

Summary

• Nadia Villeneuve, a Senior VP & CHRO at Carrier Global Corp, filed a Form 4 detailing changes in beneficial ownership.
• On February 3, 2025, Villeneuve acquired 22,972 shares of Carrier common stock due to the vesting of performance share units (PSUs) awarded on February 2, 2022.
• These PSUs vested upon achievement of pre-established performance targets for earnings per share growth and total shareholder return relative to a subset of industrial companies in the S&P 500 index over a three-year period.
• Also on February 3, 2025, Villeneuve disposed of 6,863 shares at a price of $63.15 per share.
• Following these transactions, Villeneuve directly owns 101,137 shares of Carrier common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The vesting of PSUs indicates the company met its performance targets. The sale of shares is a normal part of executive compensation and does not necessarily indicate a negative outlook.

Positives

• The vesting of PSUs indicates that Carrier Global Corp met its performance targets for earnings per share growth and total shareholder return relative to a subset of industrial companies in the S&P 500 index over a three-year period.

Industry Context

Executive stock transactions are a common occurrence and are often related to compensation plans. The vesting of PSUs suggests the company is achieving its performance goals, which is a positive signal.

Stakeholder Impact

• The vesting of PSUs and subsequent stock transactions could have a minor impact on shareholders due to the increased number of shares in the market.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transaction, Carrier Global Corp, Nadia Villeneuve, PSUs, CARR