Form 4: Director Michael McNamara Acquires Carrier Global Stock

Director Michael McNamara acquired 3,637.9163 deferred stock units as part of his annual director compensation.

Summary

• Director Michael McNamara received 3,637.9163 deferred stock units (DSUs) on April 15, 2026.
• The units were granted as part of the annual compensation for his service as a non-employee director.
• The transaction was valued at $58.55 per unit.
• Following this transaction, the director holds a total of 43,220.3676 shares beneficially owned.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.

Positives

• Demonstrates alignment of director interests with shareholders through equity-based compensation.
• Reflects standard corporate governance practices for non-employee director remuneration.

Negatives

• None identified.

Risks

• Value of holdings is subject to market fluctuations in Carrier Global Corporation common stock.

Future Outlook

The DSUs will convert 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.

Management Comments

• The reporting person acquired these stock units under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan in connection with the reporting person's annual compensation for service as a non-employee director.

Industry Context

StockSavvy.ai notes that this is a routine disclosure of director compensation, which is standard practice for large-cap industrial companies to ensure board members maintain a long-term equity stake in the firm.

Comparison to Industry Standards

• The use of Deferred Stock Units (DSUs) for director compensation is a standard practice among S&P 500 companies to align board incentives with long-term shareholder value.
• The structure of the plan is consistent with governance practices at peer industrial conglomerates like Honeywell or Trane Technologies.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation event.

Next Steps

• Conversion of DSUs to common stock upon the director's eventual departure from the Board.

Key Dates

Keywords

Carrier Global, CARR, Form 4, Insider Trading, Director Compensation, Deferred Stock Units