Form 4: Director Jean-Pierre Garnier Increases Carrier Global Stake
Statement of Changes in Beneficial Ownership
Director Jean-Pierre Garnier acquired 3,330.4868 deferred stock units as part of his annual director compensation.
Summary
- Director Jean-Pierre Garnier received 3,330.4868 Deferred Stock Units (DSUs) as part of his annual compensation for service on the Board of Directors.
- The transaction occurred on April 15, 2026, at a price of $58.55 per unit.
- Following this acquisition, the director's total beneficial ownership in Carrier Global Corporation stands at 139,824.5839 shares.
- These units are held under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral administrative filing reflecting standard director compensation rather than a strategic market move.
Positives
- The acquisition reflects the director's continued alignment with shareholder interests through equity-based compensation.
Negatives
- None identified; this is a standard compensation-related filing.
Risks
- The value of the deferred stock units is subject to the market performance of Carrier Global common stock.
Future Outlook
The DSUs will be converted into common stock upon the director's resignation, removal, or retirement from the Board, distributed either in a lump-sum or installments based on the director's election.
Industry Context
StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice designed to align director incentives with long-term shareholder value in the industrial and HVAC sectors.
Comparison to Industry Standards
- The use of Deferred Stock Unit plans is consistent with compensation structures at major industrial peers such as Trane Technologies and Johnson Controls.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Issuance of deferred stock units under the Board of Directors Deferred Stock Unit Plan. | 04/15/2026 | Standard alignment of director compensation with company equity performance. |
Stakeholder Impact
- Shareholders: Minimal impact; reflects standard director compensation practices.
Next Steps
- Conversion of DSUs to common stock upon the director's eventual departure from the Board.
Key Dates
| Date | Description |
|---|---|
| 04/15/2026 | Date of the transaction involving the acquisition of deferred stock units. |
| 04/17/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
Carrier Global, CARR, Form 4, Insider Trading, Director Compensation, Deferred Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.