Carrier director granted 3,945 DSUs in equity award
Carrier Global Corp director John J. Greisch received a grant of 3,945.3459 Director Deferred Stock Units (DSUs) tied to common stock, as part of his annual non-employee director compensation.
Rhea-AI Filing Summary
Carrier Global Corp director John J. Greisch received a grant of 3,945.3459 Director Deferred Stock Units (DSUs) tied to common stock, as part of his annual non-employee director compensation. Following this award, he holds a total of 60,763.2394 DSUs directly.
The DSUs were valued at $58.55 per underlying share. Under the company’s Board of Directors Deferred Stock Unit Plan, these units, plus any dividend equivalents, will convert into an equal number of Carrier common shares and be distributed after Greisch leaves the Board, either in a lump sum or installments according to his prior election.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director DSU | 3,945.3459 | $58.55 | $231K |
Footnotes (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
Key Terms
Director DSU financial
Deferred Stock Unit Plan financial
Deferred Stock Units (DSUs) financial
dividend equivalents financial
FAQ
What did Carrier (CARR) director John J. Greisch report in this Form 4 filing?
How many Deferred Stock Units did John J. Greisch receive from Carrier (CARR)?
What is the value per unit of the DSU grant reported by Carrier (CARR)?
How many total Deferred Stock Units does John J. Greisch hold after this Carrier (CARR) grant?
When will the Carrier (CARR) DSUs held by John J. Greisch convert into common stock?
What is Carrier’s Board of Directors Deferred Stock Unit Plan described in the Form 4?
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