[Form 4] The Carlyle Group Inc. Insider Trading Activity

Rhea-AI Filing Summary

Jeffrey W. Ferguson, General Counsel of The Carlyle Group Inc. (CG), reported multiple sales of common stock on 08/11/2025 and 08/12/2025. The Form 4 shows dispositions of 97,394; 14,587; 159,536; and 28,483 shares, reported at weighted-average prices of $62.37, $63.44, $64.20 and $64.82 respectively, with footnotes listing the per-transaction price ranges for each group.

The filing records direct beneficial ownership of 753,255 shares following these transactions. Table II for derivatives contains no entries. The Form 4 was signed by Anne K. Frederick by power of attorney on 08/13/2025.

Positive

• Post-transaction ownership disclosed: direct beneficial ownership reported at 753,255 shares following the transactions.
• Transparent pricing disclosure: weighted-average prices and footnote ranges are provided with an offer to supply per-trade details on request.

Negative

• Disposition on 08/11/2025: sale of 97,394 shares at a weighted-average price of $62.37 (range $62.12 to $62.64).
• Disposition on 08/12/2025: sale of 14,587 shares at a weighted-average price of $63.44 (range $62.715 to $63.71).
• Disposition on 08/12/2025: sale of 159,536 shares at a weighted-average price of $64.20 (range $63.72 to $64.71).
• Disposition on 08/12/2025: sale of 28,483 shares at a weighted-average price of $64.82 (range $64.72 to $64.92).

Insights

Financial Analyst

TL;DR: Company officer disclosed multiple stock dispositions across two days, reducing direct holdings to 753,255 shares.

The filing documents four separate sales executed on 08/11/2025 and 08/12/2025 for the General Counsel, with explicit share counts and weighted-average prices provided. These transactions are material to monitoring insider activity because the filing quantifies post-transaction direct ownership. There are no reported derivative holdings in Table II to offset or complicate interpretation. The detailed footnotes provide price ranges for each batch, supporting transparency of execution prices.

Corporate Governance Expert

TL;DR: The Form 4 furnishes clear disclosure of officer sales and post-sale ownership; signatures show filing via power of attorney.

The form lists the reporter as an officer (General Counsel) and includes the standard attestations and a signature executed by a named attorney-in-fact. Footnotes accompany weighted-average prices and offer to provide per-trade breakdowns, which improves traceability. Absence of entries in the derivative table simplifies the ownership picture. The disclosure is procedurally complete based on the document content provided.

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^*

Ferguson Jeffrey W.

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

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	08/11/2025		S		97,394	D	$62.37(1)	955,861	D
Common Stock	08/12/2025		S		14,587	D	$63.44(2)	941,274	D
Common Stock	08/12/2025		S		159,536	D	$64.2(3)	781,738	D
Common Stock	08/12/2025		S		28,483	D	$64.82(4)	753,255	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. The price reported in column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $62.12 to $62.64, inclusive. The reporting person undertakes to provide to The Carlyle Group Inc., any security holder of The Carlyle Group Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.

2. The price reported in column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $62.715 to $63.71, inclusive. The reporting person undertakes to provide to The Carlyle Group Inc., any security holder of The Carlyle Group Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.

3. The price reported in column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $63.72 to $64.71, inclusive. The reporting person undertakes to provide to The Carlyle Group Inc., any security holder of The Carlyle Group Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.

4. The price reported in column 4 is a weighted average price. These securities were sold in multiple transactions at prices ranging from $64.72 to $64.92, inclusive. The reporting person undertakes to provide to The Carlyle Group Inc., any security holder of The Carlyle Group Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares of common stock sold at each separate price within the range set forth in this footnote.

Remarks:

	/s/ Anne K. Frederick by power of attorney for Jeffrey W. Ferguson	08/13/2025
	** 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.

FAQ

How many shares did Jeffrey W. Ferguson sell on the reported dates for CG?

The Form 4 lists four dispositions: 97,394 shares on 08/11/2025 and 14,587; 159,536; and 28,483 shares on 08/12/2025.

What were the reported prices for the Carlyle (CG) insider sales?

Weighted-average prices reported: $62.37 for the 08/11 lot, $63.44, $64.20, and $64.82 for the three 08/12 lots, with footnote ranges provided for each.

What is Jeffrey W. Ferguson’s reported ownership after these transactions?

Post-transaction direct beneficial ownership: 753,255 shares, as shown on the Form 4.

Was any derivative security reported on this Form 4 for CG?

No. Table II for derivative securities contains no entries in the provided filing.

Who signed the Form 4 for Jeffrey W. Ferguson?

The signature block shows: Anne K. Frederick signed by power of attorney for Jeffrey W. Ferguson on 08/13/2025.