Carrier (NYSE: CARR) SVP Campbell vests 1,958 PSUs, disposes 581 shares

Rhea-AI Filing Summary

Carrier Global Corporation senior executive equity award vests and shares withheld for taxes. Senior VP & CLO Francesca Campbell acquired 1,958 shares of Carrier common stock on February 1, 2026 at $0.00 per share upon vesting of previously granted performance share units under the 2020 Long-Term Incentive Plan.

The performance share units were earned based on pre-set targets for earnings per share growth and total shareholder return versus selected industrial companies in the S&P 500 over three years. On the same date, 581 shares were disposed of at $59.58 per share, typically indicating shares withheld to cover taxes, leaving Campbell with 6,940 directly held shares.

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

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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^*

Campbell Francesca

(Last) (First) (Middle)

13995 PASTEUR BOULEVARD

(Street)

PALM BEACH GARDENS FL 33418

(City) (State) (Zip)

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)
	Senior VP & CLO

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

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

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

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

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	02/01/2026(1)		A		1,958	A	$0.0000	7,521	D
Common Stock	02/01/2026		F		581	D	$59.58	6,940	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

Explanation of Responses:

1. The acquistion of shares of Carrier common stock represents the vesting of performance share units (PSUs) previously awarded on February 1, 2023 to the reporting person under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU has a value equal to one share of Carrier Global Corporation common stock. These PSUs vested upon the achievement of the pre-established performance targets for earnings per share growth and total shareholder return relative to a subset of industrial companies in the S&P 500 index over a three-year time period.

	/s/ Erin O'Neal as Attorney-in-Fact	02/03/2026
	** 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.

FAQ

What insider transaction did CARR executive Francesca Campbell report?

Francesca Campbell reported equity award activity involving Carrier Global common stock. She acquired 1,958 shares at $0.00 per share from vesting performance share units, and 581 shares were disposed of at $59.58 per share, leaving her with 6,940 directly owned shares after the transactions.

Why did Francesca Campbell receive 1,958 CARR shares at no cost?

She received 1,958 Carrier shares at no cost because performance share units granted on February 1, 2023 vested. Each PSU converts into one share upon satisfying three-year performance goals tied to earnings per share growth and total shareholder return versus selected S&P 500 industrial companies.

What performance metrics triggered Campbell’s Carrier Global PSU vesting?

The PSUs vested after achieving pre-established performance targets. These targets measured earnings per share growth and total shareholder return relative to a subset of industrial companies in the S&P 500 index over a three-year period, as specified under Carrier Global’s 2020 Long-Term Incentive Plan.

What does the 581-share disposition at $59.58 for CARR indicate?

The 581 shares disposed of at $59.58 per share reflect a transaction coded “F.” In Form 4 reporting, this code generally represents shares withheld or sold to satisfy tax obligations arising from the vesting of stock awards such as performance share units.

How many CARR shares does Francesca Campbell own after these transactions?

After the reported transactions, Francesca Campbell directly owns 6,940 Carrier Global common shares. This figure reflects the 1,958 shares acquired from performance share unit vesting and the 581 shares disposed of, as reported in the Form 4 filing for February 1, 2026.

What plan governed the PSUs reported in this CARR Form 4?

The performance share units were granted under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Under this plan, each PSU is equivalent to one share of Carrier common stock and vests based on multi-year performance criteria tied to earnings and relative shareholder returns.