Carrier Global grants Pandya 72,505 stock units

The new award includes dividend equivalents that accrue during the vesting period, alongside contingent rights to common shares.

Available on EDGAR 11/03/2026 - 06:52 PM EST Accepted by SEC EDGAR 11/03/2026 - 06:52 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Carrier Global Corp (CARR) officer Gaurang Pandya, President CHVAC Americas, reported a grant of 72,505 restricted stock units on November 2, 2026, contingent on continued employment at the end of the vesting period. On November 1, 2026, 62,716 RSUs granted in 2023 fully vested and converted into 62,716 common shares. Also on November 1, 27,345 common shares were delivered or withheld for payment of exercise price or tax liability, at a reported $53.63 per share.

Insider Trade Summary

62,716 shares exercised/converted

Exercise 4 txns

Insider Pandya Gaurang

Role President CHVAC Americas

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit RSU F3	72,505	$0.00	$0.00
Exercise	Restricted Stock Unit RSU F2	62,716	$0.00	$0.00
Exercise	Common Stock F1	62,716	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	27,345	$53.63	$1.47M

Holdings After Transaction: Restricted Stock Unit RSU — 72,505 contracts (Direct); Common Stock — 85,261 shares (Direct)

Holdings Before and After: Restricted Stock Unit RSU, 62,716 to 72,505 contracts (Direct); Common Stock, 49,890 to 85,261 shares (Direct)

Footnotes (3)

1. F1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.
2. F2. On November 1, 2023, the reporting person was granted RSUs. These RSUs fully vested on the Transaction Date.
3. F3. Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of Carrier common stock. The RSUs vest contingent upon the reporting person's continued employment at the conclusion of the vesting period.

Key Figures

Restricted stock units granted: 72,505 RSUs RSUs fully vested: 62,716 RSUs Common shares acquired upon RSU conversion: 62,716 shares +2 more

5 metrics

Restricted stock units granted 72,505 RSUs November 2, 2026

RSUs fully vested 62,716 RSUs Granted November 1, 2023; vested November 1, 2026

Common shares acquired upon RSU conversion 62,716 shares November 1, 2026

Shares delivered or withheld for payment of exercise price or tax liability 27,345 shares November 1, 2026

Reported price per share $53.63 per share November 1, 2026 share delivery or withholding

Key Terms

Restricted Stock Unit (RSU), dividend equivalents, contingent right, vesting period

4 terms

Restricted Stock Unit (RSU) financial

"Each Restricted Stock Unit (RSU), including dividend equivalents"

A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.

dividend equivalents financial

"dividend equivalents that accrue during the vesting period"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

contingent right financial

"represents a contingent right to receive one share of Carrier common stock"

vesting period financial

"at the conclusion of the vesting period"

A vesting period is the set amount of time someone must wait before they fully own granted shares, stock options, or other equity tied to their work or an agreement; ownership increases gradually or in steps during that time. Investors care because vesting determines when insiders or employees can sell shares, which affects future supply of stock, company incentives and executive retention—think of it like unlocking ownership over installments rather than receiving it all at once.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CARR RSUs did Gaurang Pandya receive in the November 2026 grant?

Gaurang Pandya was granted 72,505 restricted stock units on November 2, 2026. The RSUs vest contingent upon his continued employment at the conclusion of the vesting period.

What happened to Gaurang Pandya’s CARR RSUs on November 1, 2026?

62,716 RSUs granted on November 1, 2023, fully vested on November 1, 2026, and converted into 62,716 common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pandya Gaurang

(Last) (First) (Middle)

13995 PASTEUR BOULEVARD

(Street)

PALM BEACH GARDENS FLORIDA 33418

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CARRIER GLOBAL Corp [ CARR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President CHVAC Americas

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/01/2026		M		62,716	A	$0.0000(1)	112,606	D
Common Stock	11/01/2026		F		27,345	D	$53.63	85,261	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit RSU	(2)	11/01/2026		M			62,716	11/01/2026	(2)	Common Stock	62,716	$0.0000	0.0000	D
Restricted Stock Unit RSU	(3)	11/02/2026		A		72,505		11/02/2029	(3)	Common Stock	72,505	$0.0000	72,505	D

Explanation of Responses:

1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.

2. On November 1, 2023, the reporting person was granted RSUs. These RSUs fully vested on the Transaction Date.

3. Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of Carrier common stock. The RSUs vest contingent upon the reporting person's continued employment at the conclusion of the vesting period.

	/s/ Erin O'Neal as Attorney-in-Fact	11/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)