Carlyle (CG) CEO receives 17,457 dividend equivalent common stock units

Rhea-AI Filing Summary

Carlyle Group Inc. Chief Executive Officer Harvey M. Schwartz reported an acquisition of 17,457 shares of common stock through a grant of dividend equivalent units. These units were credited at a price of $0.00 per share in connection with the company’s quarterly dividend.

The dividend equivalent units relate to existing time-based and performance-based restricted stock unit awards originally granted on February 15, 2023 and will vest on the same schedule and under the same terms and conditions as those underlying awards. Following this grant, Schwartz directly holds a total of 5,233,379 shares of Carlyle common stock.

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

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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^*

SCHWARTZ HARVEY M

(Last) (First) (Middle)

1001 PENNSYLVANIA AVENUE, NW

(Street)

WASHINGTON DC 20004

(City) (State) (Zip)

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

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

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

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

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	02/20/2026		A(1)		17,457	A	$0	5,233,379	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 existing time-based and performance-based restricted stock unit awards granted on February 15, 2023, 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 Harvey M. Schwartz	02/20/2026
	** 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).
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FAQ

What insider transaction did Carlyle Group (CG) report for Harvey M. Schwartz?

Carlyle Group reported that CEO Harvey M. Schwartz acquired 17,457 common shares via a grant of dividend equivalent units. These units were credited at $0.00 per share in connection with the company’s quarterly dividend and are tied to previously granted restricted stock unit awards.

How many Carlyle Group (CG) shares does Harvey M. Schwartz hold after this Form 4?

After this reported transaction, Harvey M. Schwartz directly holds 5,233,379 shares of Carlyle Group common stock. The increase comes from 17,457 dividend equivalent units credited on existing restricted stock unit awards linked to the company’s regular quarterly dividend.

What are the 17,457 dividend equivalent units reported for Carlyle Group (CG) CEO?

The 17,457 units are dividend equivalent units accrued on existing time-based and performance-based restricted stock unit awards. They were credited in connection with Carlyle Group’s quarterly dividend and effectively increase Schwartz’s common stock holdings without any cash purchase at the time of grant.

Do the new Carlyle Group (CG) dividend equivalent units vest immediately?

No, the dividend equivalent units will vest on the same schedule as the underlying restricted stock unit awards. They follow the same terms and conditions as the February 15, 2023 time-based and performance-based RSU grants previously reported for Carlyle Group’s Chief Executive Officer.

Was cash paid for the Carlyle Group (CG) shares reported in this Form 4?

No cash was paid for these shares; the 17,457 units were credited at $0.00 per share. They represent dividend equivalent units granted in connection with Carlyle Group’s quarterly dividend, attached to previously granted restricted stock unit awards for the Chief Executive Officer.