Carrier Global Corp (NYSE: CARR) details SAR and performance share unit holdings
Rhea-AI Filing Summary
Carrier Global Corporation officer Thomas Donato, President, Climate Solutions Europe, reports initial derivative equity holdings. He holds a Stock Appreciation Right tied to 40,025 shares of common stock with a $72.0700 exercise price, exercisable from 2029 and expiring in 2036. He was also awarded 12,270 Performance Share Units, each a contingent right to one share that vests on the third anniversary of the grant date, contingent on continued employment and Carrier achieving pre-established earnings-per-share growth and total shareowner return targets over a three-year period relative to certain S&P 500 industrial companies.
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Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Donato Thomas
Role
President, CSE
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Appreciation Right F1 | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Right — 40,025 shares (Direct)
Footnotes (1)
- F1. The reporting person was also awarded 12,270 Performance Share Units (PSUs) under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of Carrier Global Corporation common stock. The PSUs vest on the third anniversary of the grant date contingent upon (a) the reporting person's continued employment and (b) Carrier's achievement of pre-established performance targets for earnings per share growth and total shareowner return relative to a subset of industrial companies in the S&P 500 index over a three-year time period.
Key Figures
SAR underlying shares: 40025.0000 shares
SAR exercise price: $72.0700 per share
SAR exercise date: 2029-07-01
+3 more
6 metrics
SAR underlying shares
40025.0000 shares
Underlying common shares for Thomas Donato’s Stock Appreciation Right
SAR exercise price
$72.0700 per share
Exercise price for the Stock Appreciation Right
SAR exercise date
2029-07-01
Earliest exercise date for the Stock Appreciation Right
SAR expiration date
2036-06-30
Expiration date for the Stock Appreciation Right
Performance Share Units
12,270 units
PSUs awarded under the Carrier Global Corporation 2020 Long-Term Incentive Plan
PSU performance period
3 years
Period over which EPS growth and total shareowner return targets are measured
Key Terms
Stock Appreciation Right, Performance Share Units, total shareowner return, Long-Term Incentive Plan
4 terms
Stock Appreciation Right financial
"Security reported as a <b>Stock Appreciation Right</b> over common stock"
A stock appreciation right (SAR) is a form of employee pay that gives the holder the right to receive the increase in a company's share price over a set reference price, paid in cash or shares, without having to buy stock first. It matters to investors because SARs can create future cash outflows or dilute existing shareholders if settled in stock, and they align employee incentives with share-price performance like a bonus tied to a home's price rise.
Long-Term Incentive Plan financial
"awarded 12,270 PSUs under the Carrier Global Corporation 2020 <b>Long-Term Incentive Plan</b>"
A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity holdings does Carrier Global (CARR) executive Thomas Donato report?
Thomas Donato reports a Stock Appreciation Right over Carrier Global common stock and 12,270 Performance Share Units. The SAR is tied to 40,025 underlying shares, while each PSU represents a contingent right to receive one share of Carrier Global common stock.
What is the exercise price and term of Donato’s Stock Appreciation Right at Carrier Global (CARR)?
The Stock Appreciation Right carries a $72.0700 per share exercise price and is exercisable beginning 2029-07-01, expiring on 2036-06-30. This defines the window during which any stock price appreciation can be realized under the award.
What performance metrics affect the Carrier Global (CARR) PSUs held by Thomas Donato?
The PSUs depend on earnings-per-share growth and total shareowner return relative to a subset of S&P 500 industrial companies over three years. Both continued employment and achievement of these pre-set performance targets are required for the units to vest into shares.