Carrier executive reports PSU vesting and tax withholding

Carrier Global Corp. executive equity award and tax share withholding reported.

Rhea-AI Filing Summary

Carrier Global Corp. executive equity award and tax share withholding reported. Officer Gaurang Pandya, President, CSA of Carrier Global, reported equity-related transactions in company common stock dated February 1, 2026.

The filing shows an acquisition of 5,705 shares of Carrier common stock at $0.0000 per share, reflecting the vesting of previously granted performance share units awarded on February 1, 2023 under the Carrier Global Corporation 2020 Long-Term Incentive Plan. These units vested after meeting preset earnings per share growth and relative total shareholder return targets over a three-year period. The report also shows a disposition of 1,735 shares coded "F" at $59.58 per share, commonly used to indicate shares withheld to cover tax obligations. After these transactions, Pandya directly held 20,820 shares of Carrier common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Pandya Gaurang

Role President, CSA

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	5,705	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	1,735	$59.58	$103K

Holdings After Transaction: Common Stock — 20,820 shares (Direct)

Footnotes (1)

1. F1. 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.

FAQ

What insider transactions did CARR executive Gaurang Pandya report on February 1, 2026?

Gaurang Pandya reported acquiring 5,705 Carrier Global common shares at $0.0000 and disposing of 1,735 shares at $59.58. Both are equity-related transactions tied to performance share unit vesting and associated tax withholding, leaving him with 20,820 directly held shares.

How did performance share units vest for the CARR executive in this Form 4?

The 5,705-share acquisition reflects vesting of performance share units granted February 1, 2023. Each PSU equaled one Carrier common share and vested after meeting preset earnings per share growth and relative total shareholder return targets versus selected S&P 500 industrial companies over three years.

What does the transaction code F mean in the Carrier (CARR) Form 4 filing?

The Form 4 lists a transaction coded "F" for 1,735 shares at $59.58. Code F typically indicates shares withheld by the issuer to satisfy tax obligations upon vesting of equity awards, rather than an open-market sale initiated by the executive.

How many Carrier Global (CARR) shares does Gaurang Pandya hold after these transactions?

Following the February 1, 2026 equity transactions, Gaurang Pandya directly beneficially owned 20,820 shares of Carrier Global common stock. This figure reflects the net result after the 5,705-share performance award vesting and the 1,735-share tax-related disposition.

What incentive plan governed the PSUs in this Carrier (CARR) Form 4?

The performance share units that vested into 5,705 Carrier shares were granted under the Carrier Global Corporation 2020 Long-Term Incentive Plan. The awards were structured to vest based on multi-year earnings per share growth and relative total shareholder return performance conditions.

What performance metrics triggered PSU vesting for the Carrier (CARR) executive?

The PSUs vested upon achievement of pre-established performance targets for earnings per share growth and total shareholder return. The return metric was measured relative to a subset of industrial companies in the S&P 500 index over a three-year performance period.

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Accepted by SEC EDGAR 02/03/2026 - 07:19 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
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 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)
	President, CSA

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		5,705	A	$0.0000	22,555	D
Common Stock	02/01/2026		F		1,735	D	$59.58	20,820	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).
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