Form 4: Carrier Global Corp: Senior VP & CFO Patrick P. Goris Reports Share Acquisition and Disposal

Patrick P. Goris, Senior VP & CFO of Carrier Global Corp, reports the acquisition of 49,395 shares through vesting of performance share units and disposal of 19,523 shares for tax purposes on February 3, 2025.

Summary

• On February 3, 2025, Patrick P. Goris, the Senior VP & CFO of Carrier Global Corp, reported transactions involving Carrier's common stock.
• He acquired 49,395 shares of common stock due to the vesting of performance share units (PSUs) awarded on February 2, 2022, under the company's 2020 Long-Term Incentive Plan.
• These PSUs vested based on the achievement of pre-established performance targets related to 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.
• Goris also disposed of 19,523 shares at a price of $63.15 per share.
• Following these transactions, Goris directly owns 104,031 shares of Carrier Global Corp.
• The report was filed on February 5, 2025.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing reflects routine transactions related to executive compensation and does not indicate any significant positive or negative developments for the company.

Positives

• The vesting of PSUs indicates that Carrier Global Corp met certain performance targets related to 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

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and their alignment with shareholder interests.

Stakeholder Impact

• The vesting of PSUs aligns executive compensation with company performance, potentially benefiting shareholders.
• The transactions have a minimal direct impact on employees, customers, suppliers, and creditors.

Key Dates

Keywords

Carrier Global Corp, CARR, Patrick P. Goris, Senior VP & CFO, Form 4, Beneficial Ownership, Performance Share Units, PSUs, Stock Acquisition, Stock Disposal, Insider Trading