Carlyle (CG) CEO receives 17,457 dividend equivalent common stock units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHWARTZ HARVEY M
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,457 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,233,379 shares (Direct)
Footnotes (1)
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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.
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.