Carlyle Group director plans 400K share sale

Carlyle Group Inc. (CG) received a Rule 144 notice relating to up to 400,000 shares of Common Stock for the account of David M. Rubenstein, a director.

Rhea-AI Filing Summary

Carlyle Group Inc. (CG) received a Rule 144 notice relating to up to 400,000 shares of Common Stock for the account of David M. Rubenstein, a director. The shares are to be sold through J.P. Morgan Securities LLC, with an indicated aggregate market value of $17,228,000 and reference outstanding shares of 356,332,798. The notice states that the shares covered were sold by the David M. Rubenstein Revocable Trust, with David M. Rubenstein as trustee.

Key Figures

Shares covered for sale: 400,000 shares of Common Stock Aggregate market value of shares: $17,228,000 Shares outstanding: 356,332,798 shares +2 more

5 metrics

Shares covered for sale 400,000 shares of Common Stock Common Stock to be sold under Rule 144 for the account of David M. Rubenstein

Aggregate market value of shares $17,228,000 Aggregate market value for the 400,000 Common Stock shares covered in the notice

Shares outstanding 356,332,798 shares Carlyle Group Inc. Common Stock referenced as outstanding in the notice

Shares originally acquired 400,000 shares Received on January 1, 2020 via one-for-one exchange of Carlyle Holdings partnership units

Date of notice September 11, 2026 Date of Rule 144 notice covering the proposed or covered sale

Key Terms

Rule 144, aggregate market value, Revocable Trust, attorney-in-fact

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

aggregate market value financial

"Common Stock ... 400000 | 17228000 | 356332798"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Revocable Trust financial

"sold by the David M. Rubenstein Revocable Trust, David M. Rubenstein as Trustee."

A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.

attorney-in-fact regulatory

"J.P. Morgan Securities LLC as agent and attorney-in-fact for David M. Rubenstein"

An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing mean for Carlyle Group Inc. (CG)?

The Form 144 notice states that up to 400,000 Carlyle Group Inc. common shares for the account of director David M. Rubenstein are covered for sale under Rule 144 through J.P. Morgan Securities LLC. It is a disclosure of an intended or covered resale by an affiliate.

How many CG shares are covered in David M. Rubenstein’s Form 144?

The notice covers 400,000 shares of Carlyle Group Inc. Common Stock. These shares are associated with the David M. Rubenstein Revocable Trust, with David M. Rubenstein as trustee, and are to be sold under Rule 144 through J.P. Morgan Securities LLC.

What is the stated market value of the CG shares in this Form 144?

The filing lists an aggregate market value of $17,228,000 for the 400,000 Carlyle Group Inc. common shares covered. This figure is provided as part of the Rule 144 disclosure for the planned or covered sale.

Who is actually selling the Carlyle Group Inc. (CG) shares in this Form 144?

The remarks state that the shares covered by the notice were sold by the David M. Rubenstein Revocable Trust, with David M. Rubenstein as Trustee. J.P. Morgan Securities LLC signed as agent and attorney-in-fact for David M. Rubenstein.

When were the CG shares underlying this Form 144 originally acquired?

The filing states the 400,000 shares were received on January 1, 2020, upon exchange of Carlyle Holdings partnership units on a one-for-one basis in connection with the conversion of the issuer’s predecessor entity to a corporation.

How many Carlyle Group Inc. shares are referenced as outstanding in the Form 144?

The notice references 356,332,798 shares of Carlyle Group Inc. Common Stock as outstanding. This figure provides context for the size of the 400,000-share position covered by the Rule 144 filing.

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

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Available on EDGAR 09/11/2026 - 05:48 PM Accepted by SEC EDGAR 09/11/2026 - 05:47 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001543895
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	The Carlyle Group, Inc.
SEC File Number	001-35538
Address of Issuer	1001 Pennsylvania Avenue, NW Washington DISTRICT OF COLUMBIA 20004
Phone	202-729-5626
Name of Person for Whose Account the Securities are To Be Sold	David M. Rubenstein
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Director

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 270 Park Avenue, 10th Floor New York NY 10017	400000	17228000	356332798	09/11/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	01/01/2020	Shares received upon exchange of Carlyle Holdings partnership units on a one for one basis in connection with the conversion of the Issuer's predecessor entity to a corporation.	Issuer			400000	01/01/2020	Share exchange

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks	The shares covered by this filing were sold by the David M. Rubenstein Revocable Trust, David M. Rubenstein as Trustee.
Date of Notice	09/11/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ J.P. Morgan Securities LLC as agent and attorney-in-fact for David M. Rubenstein
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)