Carrier Global Corporation reported an equity award for officer Edward C. Dryden, President, CST. On 01/28/2026 he received a stock appreciation right covering 68,120 shares of common stock, with a conversion price of $57.91 and expiration on 01/27/2036. The rights are held directly.
Dryden was also granted 18,880 Performance Share Units under the 2020 Long-Term Incentive Plan. Each PSU represents one share of common stock and vests on the third anniversary of the grant, contingent on continued employment and Carrier’s achievement of pre-set earnings-per-share and relative total shareholder return targets over three years.
Carrier Global Corporation officer Gierges Michael Lotfy, President of CSAME, reported an equity award on January 28, 2026. He received 66,875 stock appreciation rights with a conversion price of $57.91 per share, all held directly.
The stock appreciation rights become exercisable on January 28, 2029 and expire on January 27, 2036. He was also granted 18,535 Performance Share Units, each representing one share of Carrier common stock, which vest on the third anniversary of the grant date subject to continued employment and achievement of earnings per share and relative total shareowner return targets.
Carrier Global Corporation executive Thomas Heim reported a new equity award. As President, CSE of Carrier Global, he received a stock appreciation right covering 55,485 shares of common stock, with an exercise price of $57.91 per share, expiring between January 28, 2029 and January 27, 2036.
He now beneficially owns 55,485 of these derivative securities directly. In addition, he was awarded 15,380 Performance Share Units, each representing a potential share of Carrier common stock that can vest on the third anniversary of the grant. Vesting depends on his continued employment and Carrier meeting predefined earnings per share growth and total shareholder return goals versus selected S&P 500 industrial companies over a three-year period.
Carrier Global’s President, CSA, Gaurang Pandya received new equity awards. On January 28, 2026, he was granted a stock appreciation right covering 97,290 shares of common stock with a $57.91 exercise price, becoming exercisable on January 28, 2029 and expiring on January 27, 2036.
He was also awarded 26,965 Performance Share Units under Carrier’s 2020 Long-Term Incentive Plan. Each PSU represents one share of common stock and vests on the third anniversary of the grant date, subject to continued employment and Carrier meeting pre-set earnings-per-share growth and relative total shareholder return targets.
Carrier Global Corporation executive Patrick P. Goris, EVP and Chief Finance & Strategy Officer, reported a grant of stock-based compensation. On January 28, 2026, he received 134,405 stock appreciation rights with an exercise price of $57.91 per share, expiring on January 27, 2036.
These rights become exercisable on January 28, 2029 and were reported as directly owned. Goris was also awarded 37,250 Performance Share Units, each representing one share of Carrier common stock, vesting on the third anniversary of the grant date, contingent on continued employment and Carrier’s achievement of pre-established earnings-per-share and relative total shareholder return performance targets.
Carrier Global chairman and CEO David L. Gitlin received a grant of 438,195 stock appreciation rights on January 28, 2026, with an exercise price of $57.91 per share. These rights are held directly and give value only if the stock trades above that level.
He was also awarded 121,445 Performance Share Units under Carrier’s 2020 Long-Term Incentive Plan. Each PSU can convert into one share of common stock after three years, contingent on his continued employment and Carrier meeting preset earnings-per-share growth and relative total shareholder return targets.
Carrier Global Corp (CARR) reported an insider share purchase by its Chairman and CEO. On 11/25/2025, the executive purchased 19,300 shares of common stock at a weighted average price of $52.6203 per share, with individual trade prices ranging from $52.45 to $52.70. After this transaction, the executive directly owns 534,474 shares of Carrier Global common stock, and also has indirect beneficial ownership of 176,397 shares through a family trust and 102,374 shares through a spouse's trust.
Carrier Global Corporation (CARR) reported Q3 2025 results. Net sales were $5.579 billion versus $5.984 billion a year ago, reflecting softer product volumes, while service sales were steady. Operating profit was $539 million compared with $763 million. Diluted EPS from continuing operations was $0.47 versus $0.62; diluted EPS including discontinued operations was $0.50 versus $0.49.
Year-to-date, net sales were $16.910 billion and operating profit reached $2.071 billion. Cash provided by operating activities was $1.473 billion, up from $431 million, supported by lower working capital and discontinued operations inflows. Cash and cash equivalents were $1.423 billion; long-term debt was $11.336 billion.
The company repurchased 36.3 million shares for $2.4 billion year-to-date, including a $300 million buyback from Viessmann at $70.30 per share, and had $811 million remaining under its authorization at quarter-end. In October 2025, the Board approved a $5 billion increase to the program. As of October 15, 2025, shares outstanding were 842,209,781. Carrier finalized its segment reorganization into four climate-focused operating segments.
Carrier Global Corporation announced two items. First, it furnished a press release with its third quarter 2025 results. Second, the Board approved a $5 billion increase to the company’s existing stock repurchase authorization, bringing the amount available to approximately $5.8 billion as of October 28, 2025.
The company stated repurchases may occur from time to time at its discretion in the open market or through other public or private transactions, “subject to, among other things, market conditions, share price, compliance with securities laws and regulatory requirements and other factors.” The authorization has no time limit and may be modified, suspended, or discontinued at any time.
Beril Yildiz, identified as VP, Controller & CAO of Carrier Global Corp (CARR), reported equity awards granted on 10/01/2025. She received 6,310 Restricted Stock Units (RSUs) that vest in three tranches on 10/01/2026, 10/01/2027, and 10/01/2028, each RSU representing a contingent right to one share of common stock subject to continued employment. She also received Stock Appreciation Rights (SARs) totaling 22,950 with an exercise/conversion price of $59.46, exercisable in corresponding tranches beginning 10/01/2026 through 10/01/2028 and expiring on 09/30/2035. The Form 4 was signed via attorney-in-fact on 10/03/2025. The filing shows the post-grant beneficial ownership counts for each award equal to the grant amounts reported.