STOCK TITAN

Carlyle Group (CG) Co-President credited 7,733 dividend share units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Carlyle Group Inc. Co-President Jeffrey Nedelman reported an acquisition of 7,733 shares of Common Stock with a zero per-share price. The filing describes these as dividend equivalent units credited on existing restricted stock unit awards in connection with the company’s quarterly dividend.

These dividend equivalent units will vest on the same schedule and under the same terms and conditions as the underlying restricted stock unit awards. Following this credit, Nedelman directly holds a total of 1,645,945 shares of Carlyle Group Inc. common stock.

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Insider Nedelman Jeffrey
Role Co-President
Type Security Shares Price Value
Grant/Award Common Stock 7,733 $0.00 --
Holdings After Transaction: Common Stock — 1,645,945 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Dividend equivalent units granted 7,733 shares Accrued on existing RSU awards with quarterly dividend
Price per share for units $0.00 per share Grant/award acquisition of common stock units
Shares held after transaction 1,645,945 shares Direct holdings following Form 4 transaction
Transaction date 2026-05-28 Date of non-derivative stock acquisition
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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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)
05/28/2026
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 Stock05/28/2026A(1)7,733A$01,645,945D
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 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 Jeffrey Nedelman05/29/2026
** 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)

FAQ

What insider transaction did Carlyle Group (CG) report for Jeffrey Nedelman?

Carlyle Group Co-President Jeffrey Nedelman reported receiving 7,733 shares of Common Stock. These represent dividend equivalent units credited on existing restricted stock unit awards, tied to the company’s quarterly dividend, and they vest on the same schedule as the underlying awards.

Was Jeffrey Nedelman’s Carlyle (CG) stock award an open-market purchase?

No, the 7,733 shares were not an open-market purchase. They were granted at a zero per-share price as dividend equivalent units on previously granted restricted stock units, in connection with Carlyle Group’s quarterly dividend, rather than being bought in the market.

How many Carlyle Group (CG) shares does Jeffrey Nedelman hold after this Form 4?

After this transaction, Jeffrey Nedelman holds 1,645,945 shares of Carlyle Group Inc. common stock directly. This total includes the 7,733 dividend equivalent units credited on existing restricted stock unit awards that were reported in the current Form 4 filing.

What are dividend equivalent units in the Carlyle (CG) Form 4 filing?

Dividend equivalent units are additional share units credited on existing equity awards when dividends are paid. In this case, 7,733 units accrued on Jeffrey Nedelman’s restricted stock unit awards, matching the company’s quarterly dividend, and they vest under the same terms as the original awards.

Do the 7,733 Carlyle (CG) dividend equivalent units vest immediately?

No, the 7,733 dividend equivalent units do not vest immediately. The filing states they will vest on the same schedule and subject to the same terms and conditions as the underlying restricted stock unit awards to which they relate.