Carrier Global executive exercises 50,616 RSUs
Carrier Global Corp President, CSA Gaurang Pandya reported compensation-related equity activity involving restricted stock units (RSUs) and common stock.
Rhea-AI Filing Summary
Carrier Global Corp President, CSA Gaurang Pandya reported compensation-related equity activity involving restricted stock units (RSUs) and common stock. On May 1, 2026, he exercised 50,616 RSUs, which convert into common stock on a one-for-one basis from a grant made on May 1, 2023 that fully vested on the transaction date.
To cover tax obligations associated with this vesting, 21,546 common shares were disposed of through a tax-withholding transaction, rather than an open-market sale. After these transactions, Pandya directly held 49,890 shares of Carrier Global common stock, reflecting a routine compensation and tax-settlement event.
Positive
- None.
Negative
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Insider Trade Summary
50,616 shares exercised/converted
Exercise
3 txns
Insider
Pandya Gaurang
Role
President, CSA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit RSU | 50,616 | $0.00 | $0.00 |
| Exercise | Common Stock | 50,616 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 21,546 | $67.62 | $1.46M |
Holdings After Transaction:
Restricted Stock Unit RSU — 0 contracts (Direct);
Common Stock — 49,890 shares (Direct)
Footnotes (2)
- F1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.
- F2. On May 1, 2023, the reporting person was granted RSUs. These RSUs fully vested on the Transaction Date.
Key Figures
RSUs exercised: 50,616 units
Tax-withholding shares: 21,546 shares
Shares held after transactions: 49,890 shares
+3 more
6 metrics
RSUs exercised
50,616 units
Restricted stock units vested and converted on May 1, 2026
Tax-withholding shares
21,546 shares
Common stock delivered to cover tax liabilities on RSU vesting
Shares held after transactions
49,890 shares
Direct common stock holdings following RSU exercise and tax withholding
RSU grant date
May 1, 2023
Grant date of RSUs that fully vested on transaction date
Transaction date
May 1, 2026
Date RSUs vested, were exercised, and tax-withholding occurred
Reported price for tax-withholding
$67.62 per share
Price per share used for the 21,546-share tax-withholding disposition
Key Terms
Restricted stock units (RSUs), dividend equivalents, tax-withholding disposition, derivative exercise/conversion, +1 more
5 terms
Restricted stock units (RSUs) financial
"Restricted stock units (RSUs) convert into common stock on a one-for-one basis."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
dividend equivalents financial
"RSUs include the right to receive dividend equivalents that are credited as additional RSUs."
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.
tax-withholding disposition financial
"transaction_action: tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did CARR executive Gaurang Pandya report?
Gaurang Pandya reported the vesting and exercise of 50,616 restricted stock units into Carrier Global common stock and a related tax-withholding disposition of 21,546 shares. These moves reflect routine compensation and tax settlement, not an open-market purchase or sale.
Were the Carrier Global (CARR) transactions open-market sales or buys?
The filing shows no open-market buys or sells. Instead, Pandya exercised 50,616 RSUs and had 21,546 shares withheld to pay taxes. These are compensation and tax-related entries, not discretionary trading decisions in the open market.
What do the 50,616 RSUs represent for Carrier Global (CARR) executive Pandya?
The 50,616 restricted stock units were granted to Pandya on May 1, 2023 and fully vested on May 1, 2026. RSUs convert into common stock on a one-for-one basis and include dividend equivalents credited as additional RSUs until vesting and settlement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
