Form 4: Carrier Global Corp: VP, Controller & CAO Kyle Crockett Reports Stock Transactions
SEC Form 4
Kyle Crockett, VP, Controller & CAO of Carrier Global Corp, reports the exercise of stock appreciation rights and subsequent sale of shares on February 14, 2025.
Summary
- On February 14, 2025, Kyle Crockett, VP, Controller & CAO of Carrier Global Corp, engaged in transactions involving Carrier Global Corp common stock.
- Crockett exercised stock appreciation rights (SARs) which were settled in shares.
- 24,545 shares were acquired at a price of $38.33 and 21,075 shares were acquired at a price of $47.51 through the exercise of SARs.
- 18,945 shares were sold at a weighted average price of $65.1826, with prices ranging from $65.1705 to $65.185 per share.
- 14,436 shares and 15,364 shares were disposed of.
- Following these transactions, Crockett directly owns 4,573 shares of Carrier Global Corp common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 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.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 02/04/2024 | Expiration date of Stock Appreciation Right |
| 02/02/2025 | Exercisable date of Stock Appreciation Right |
| 02/14/2025 | Date of earliest transaction (exercise of SARs and sale of shares) |
| 02/19/2025 | Date of report filing |
| 02/01/2032 | Expiration date of Stock Appreciation Right |
| 02/03/2031 | Expiration date of Stock Appreciation Right |
Keywords
Form 4, Stock Appreciation Rights, CARR, Carrier Global Corp, Kyle Crockett, Insider Trading, Stock Transactions, Beneficial Ownership
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