Carrier VP granted 16,355 SARs and 4,535 PSUs

Carrier Global Corporation executive Beril Yildiz, VP, Controller & CAO, reported a new equity award.

Rhea-AI Filing Summary

Carrier Global Corporation executive Beril Yildiz, VP, Controller & CAO, reported a new equity award. On 01/28/2026, Yildiz received 16,355 stock appreciation rights with a conversion or exercise price of $57.91 per share, expiring between 01/28/2029 and 01/27/2036, all held directly.

The filing also notes an additional grant of 4,535 Performance Share Units under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to one share of common stock, vesting on the third anniversary of the grant date, subject to continued employment and meeting pre-established earnings-per-share growth and relative total shareowner return targets versus selected S&P 500 industrial companies over three years.

Insider Trade Summary

Grant/Award: 16,355 shares

Grant/Award 1 txn

Insider Yildiz Beril

Role VP, Controller & CAO

Type	Security	Shares	Price	Value
Grant/Award	Stock Appreciation Right	16,355	$0.00	$0.00

Holdings After Transaction: Stock Appreciation Right — 16,355 contracts (Direct)

Footnotes (1)

1. F1. The reporting person was also awarded 4,535 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.

FAQ

What insider equity awards did CARR executive Beril Yildiz report on this Form 4?

Beril Yildiz reported 16,355 stock appreciation rights and 4,535 Performance Share Units. The rights are tied to Carrier common stock, while each PSU represents a contingent right to one share, subject to time-based and performance-based vesting conditions under Carrier’s 2020 long-term incentive plan.

What are the key terms of Beril Yildiz’s Carrier stock appreciation rights?

The stock appreciation rights cover 16,355 underlying shares at a conversion or exercise price of $57.91. They were granted on 01/28/2026 and are scheduled to be exercisable through an expiration date of 01/27/2036, and are held directly by the reporting person.

How many Performance Share Units did Carrier (CARR) grant to Beril Yildiz?

Yildiz was granted 4,535 Performance Share Units under Carrier’s 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of Carrier common stock, subject to both continued employment and achievement of specified performance conditions over a three-year period.

When do the Carrier Performance Share Units granted to Beril Yildiz vest?

The 4,535 Performance Share Units are scheduled to vest on the third anniversary of the grant date. Vesting requires the executive’s continued employment and Carrier’s achievement of pre-established earnings-per-share growth and relative total shareowner return targets measured over a three-year performance period.

What performance metrics affect Beril Yildiz’s Carrier PSUs vesting outcome?

The PSU vesting depends on Carrier’s earnings-per-share growth and total shareowner return. These are measured relative to a subset of industrial companies in the S&P 500 index over a three-year period, in addition to a continued employment requirement through the third anniversary of the grant date.

What is Beril Yildiz’s role at Carrier Global Corporation (CARR)?

The reporting person, Beril Yildiz, serves as Vice President, Controller and Chief Accounting Officer at Carrier Global Corporation. The equity awards reported on this Form 4 reflect compensation tied to this officer role, aligning pay with Carrier’s long-term performance and shareowner returns.

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Accepted by SEC EDGAR 01/30/2026 - 05:47 PM 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
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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^*

Yildiz Beril

(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)
	VP, Controller & CAO

3. Date of Earliest Transaction (Month/Day/Year)
01/28/2026

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

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
Stock Appreciation Right	$57.91	01/28/2026		A		16,355		01/28/2029	01/27/2036	Common Stock	16,355	$0.0000	16,355(1)	D

Explanation of Responses:

1. The reporting person was also awarded 4,535 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.

	/s/ Erin O'Neal as Attorney-in-Fact	01/30/2026
	** 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).
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