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Carlyle withholds 120,393 shares for co-president’s taxes

Carlyle Group Inc. (CG) reported that Co-President Jeffrey Nedelman had 120,393 shares of common stock withheld by the issuer on November 1, 2026, at $40.18 per share to pay taxes resulting from vesting of a previously reported restricted stock unit award.

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Form Type
4

Rhea-AI Filing Summary

Carlyle Group Inc. (CG) reported that Co-President Jeffrey Nedelman had 120,393 shares of common stock withheld by the issuer on November 1, 2026, at $40.18 per share to pay taxes resulting from vesting of a previously reported restricted stock unit award. He held 1,489,086 shares directly after the transaction; no shares were sold.

Insider Nedelman Jeffrey
Role Co-President
Type Security Shares Price Value
Tax Withholding Common Stock F1 120,393 $40.18 $4.84M
Holdings After Transaction: Common Stock — 1,489,086 shares (Direct)
Holdings Before and After: Common Stock, 1,609,479 to 1,489,086 shares (Direct)
Footnotes (1)
  1. F1. Represents shares of common stock that have been withheld by the Issuer in connection with the payment of taxes resulting from the vesting of a previously reported restricted stock unit award. No shares of common stock were sold by the reporting person.
Shares withheld 120,393 shares November 1, 2026; for taxes resulting from vesting of a previously reported restricted stock unit award
Reported price per share $40.18 per share Shares withheld on November 1, 2026
Direct shares following transaction 1,489,086 shares Jeffrey Nedelman’s reported direct holdings after the transaction
restricted stock unit award financial
"vesting of a previously reported restricted stock unit award"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
vesting financial
"taxes resulting from the vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
tax liability financial
"Payment of tax liability by delivering or withholding securities"

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How many CG shares did Jeffrey Nedelman have withheld?

Carlyle Group Inc. Co-President Jeffrey Nedelman had 120,393 shares withheld by the issuer on November 1, 2026, at $40.18 per share to cover taxes resulting from vesting of a previously reported restricted stock unit award. No shares were sold.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
Nedelman Jeffrey

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Co-President
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
11/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock11/01/2026F(1)120,393D$40.181,489,086D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares of common stock that have been withheld by the Issuer in connection with the payment of taxes resulting from the vesting of a previously reported restricted stock unit award. No shares of common stock were sold by the reporting person.
Remarks:
/s/ Anne K. Frederick by Power of Attorney for Jeffrey Nedelman11/03/2026
** Signature of Reporting PersonDate
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)

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