Carrier director receives equity award as DSUs

Carrier Global Corp director Amy E. Miles received a compensation-related equity award, not an open-market trade.

Rhea-AI Filing Summary

Carrier Global Corp director Amy E. Miles received a compensation-related equity award, not an open-market trade. She was granted 3,484.2015 Director Deferred Stock Units (DSUs) tied to Carrier common stock at a reference price of $58.55 per unit. Following this grant, she holds 8,328.0785 Director DSUs. These units were issued under Carrier’s Board of Directors Deferred Stock Unit Plan as part of her annual compensation for serving as a non-employee director. Under the plan, DSUs, including any accrued dividend equivalents, will be converted into the same number of Carrier common shares and distributed in a lump sum or installments after she leaves the board.

Insider Trade Summary

Grant/Award: 3,484.2015 shares

Grant/Award 1 txn

Insider MILES AMY E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Director DSU	3,484.2015	$58.55	$204K

Holdings After Transaction: Director DSU — 8,328.0785 contracts (Direct)

Footnotes (1)

1. F1. The reporting person acquired these stock units under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan (the Plan) in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in Deferred Stock Units (DSUs). Upon resignation, removal, or retirement from the Board, the DSUs in the director's account under the Plan, including accrued dividend equivalents, are converted into an equal number of shares of Carrier common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.

Key Figures

Director DSUs granted: 3,484.2015 units Reference price per DSU: $58.55 Total Director DSUs after grant: 8,328.0785 units +1 more

4 metrics

Director DSUs granted 3,484.2015 units Grant of Director Deferred Stock Units on April 15, 2026

Reference price per DSU $58.55 Price per Director Deferred Stock Unit for this grant

Total Director DSUs after grant 8,328.0785 units Holdings following the reported DSU award

Underlying common stock 3,484.2015 shares Common shares underlying the new DSU grant

Key Terms

Deferred Stock Unit, dividend equivalents, Board of Directors Deferred Stock Unit Plan, grant/award acquisition

4 terms

Deferred Stock Unit financial

"The Plan provides for payment of a portion or all of the annual compensation in Deferred Stock Units (DSUs)."

A deferred stock unit (DSU) is a promise from a company to give an employee or director the value of a share at a future date, paid in actual shares or cash when certain conditions are met (such as retirement or a set date). Think of it like a gift card that converts to company stock later; it aligns pay with long‑term performance and can affect future share count, compensation expense and potential cash needs, so investors watch DSUs for their impact on dilution and company finances.

dividend equivalents financial

"the DSUs in the director's account under the Plan, including accrued dividend equivalents, are converted"

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.

Board of Directors Deferred Stock Unit Plan financial

"under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan (the Plan)"

grant/award acquisition financial

"transaction_action: "grant/award acquisition""

FAQ

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

What did CARR director Amy E. Miles report in this Form 4?

Amy E. Miles reported receiving 3,484.2015 Director Deferred Stock Units (DSUs) as part of her annual compensation for serving as a non-employee director of Carrier Global Corp (CARR), rather than buying shares in the open market.

How many Carrier (CARR) Director DSUs does Amy E. Miles now hold?

After the reported grant, Amy E. Miles holds a total of 8,328.0785 Director Deferred Stock Units. These DSUs represent deferred equity compensation that will convert into an equal number of Carrier common shares after she leaves the board.

What was the value reference for the new DSUs granted to the CARR director?

The 3,484.2015 Director Deferred Stock Units granted to Amy E. Miles used a reference price of $58.55 per unit. This price helps determine the number of DSUs awarded as part of her annual director compensation.

Is the CARR Form 4 for Amy E. Miles a stock purchase or compensation grant?

The Form 4 reflects a grant/award acquisition of 3,484.2015 Director Deferred Stock Units, not an open-market stock purchase. It is part of Amy E. Miles’s annual compensation for service as a non-employee director of Carrier Global Corp.

When will Amy E. Miles’s Carrier (CARR) Director DSUs turn into common stock?

Under Carrier’s Board of Directors Deferred Stock Unit Plan, Amy E. Miles’s DSUs convert into an equal number of Carrier common shares after she resigns, is removed, or retires from the board, with distribution in a lump sum or installments.

Do the Carrier (CARR) Director DSUs for Amy E. Miles earn dividend equivalents?

Yes. The filing states that DSUs in the director’s plan account include accrued dividend equivalents. Upon leaving the board, these DSUs, including dividend equivalents, are converted into an equal number of Carrier common shares for distribution.

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

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Accepted by SEC EDGAR 04/17/2026 - 04:42 PM EDT Learn about SEC filing dates

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^*

MILES AMY E

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026

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

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
Director DSU	(1)	04/15/2026		A		3,484.2015		(1)	(1)	Common Stock	3,484.2015	$58.55	8,328.0785	D

Explanation of Responses:

1. The reporting person acquired these stock units under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan (the Plan) in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in Deferred Stock Units (DSUs). Upon resignation, removal, or retirement from the Board, the DSUs in the director's account under the Plan, including accrued dividend equivalents, are converted into an equal number of shares of Carrier common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.

	/s/ Erin O'Neal as Attorney-in-Fact	04/17/2026
	** 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)