Carlyle Group (CG) Co-President receives 7,634 dividend equivalent units

Rhea-AI Filing Summary

Jenkins Mark David reported acquisition or exercise transactions in this Form 4 filing.

Carlyle Group Inc. Co-President Mark David Jenkins received an award of 7,634 shares of common stock on account of dividend equivalent units tied to previously granted restricted stock units. No cash was paid for these shares, as the award reflects the company’s quarterly dividend. Following this grant, Jenkins directly holds 1,534,007 shares of Carlyle common stock. The new units will vest on the same schedule and under the same conditions as the underlying restricted stock unit awards, making this a routine, compensation-related equity accrual rather than an open-market purchase.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jenkins Mark David

Role Co-President

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	7,634	$0.00	--

Holdings After Transaction: Common Stock — 1,534,007 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Stock units granted: 7,634 shares Award price per share: $0.00 per share Shares held after transaction: 1,534,007 shares

3 metrics

Stock units granted 7,634 shares Dividend equivalent units on existing restricted stock unit awards

Award price per share $0.00 per share Grant of dividend equivalent units

Shares held after transaction 1,534,007 shares Direct common stock ownership after award

Key Terms

dividend equivalent units, restricted stock unit awards, quarterly dividend, grant, award, or other acquisition

4 terms

dividend equivalent units financial

"Represents dividend equivalent units accrued on certain existing restricted stock unit awards"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

restricted stock unit awards financial

"accrued on certain existing restricted stock unit awards, the grant of which was previously reported"

Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.

quarterly dividend financial

"in connection with the issuer's quarterly dividend"

A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.

grant, award, or other acquisition financial

"transaction code description: Grant, award, or other acquisition"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Jenkins Mark David

(Last) (First) (Middle)

1001 PENNSYLVANIA AVENUE, NW

(Street)

WASHINGTON DISTRICT OF COLUMBIA 20004

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Carlyle Group Inc. [ CG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Co-President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/28/2026		A(1)		7,634	A	$0	1,534,007	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. Represents dividend equivalent units accrued on certain existing restricted stock unit awards, the grant of which was previously reported, in connection with the issuer's quarterly dividend. Such dividend equivalent units will vest on the same schedule and subject to the same terms and conditions as the underlying awards.

Remarks:

	/s/ Anne K. Frederick by Power of Attorney for Mark Jenkins	05/29/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Carlyle Group (CG) report for Mark David Jenkins?

Carlyle Group reported that Co-President Mark David Jenkins received 7,634 common shares as dividend equivalent units. These units accrued on previously granted restricted stock unit awards in connection with the company’s quarterly dividend and follow the same vesting terms as the original awards.

Was Mark David Jenkins’ Carlyle Group (CG) Form 4 transaction an open-market stock purchase?

No, the Form 4 shows a grant of 7,634 shares at a price of $0.00 per share. The shares represent dividend equivalent units credited on existing restricted stock unit awards due to Carlyle’s quarterly dividend, not an open-market share purchase.

How many Carlyle Group (CG) shares does Mark David Jenkins hold after this Form 4 transaction?

After receiving 7,634 dividend equivalent units, Mark David Jenkins directly holds 1,534,007 shares of Carlyle Group common stock. This total reflects his updated direct ownership position following the routine, compensation-related award recorded on the Form 4.

What are dividend equivalent units in the context of Carlyle Group (CG) restricted stock units?

Dividend equivalent units are additional share units credited when the company pays a dividend. For Jenkins, 7,634 such units accrued on existing restricted stock unit awards and will vest on the same schedule, mirroring the timing and conditions of the underlying restricted stock grants.

What does transaction code “A” mean in the Carlyle Group (CG) Form 4 for Mark David Jenkins?

Transaction code “A” on the Form 4 indicates a grant, award, or other acquisition of securities. In this case, it reflects the award of 7,634 dividend equivalent units related to earlier restricted stock unit grants, not a discretionary market trade or sale.