CSL Form 4: Jesse G. Singh Adds 10 Deferred Stock Units; Cash-Paid on Termination

Rhea-AI Filing Summary

Jesse G. Singh, a director of Carlisle Companies, Inc. (CSL), acquired 10 deferred stock units on 09/02/2025 that are economically equivalent to common shares. The units were recorded at a price of $0 and increase Mr. Singh's beneficial ownership to 10 shares reported directly. Each deferred stock unit will be paid in cash when the director leaves service, either as a lump sum or in quarterly installments over ten years, with payment tied to the issuer's closing stock price on the payment date. The filing notes the 10 units include additional units obtained from the issuer's quarterly dividend. The form is signed via attorney-in-fact on 09/03/2025.

Positive

• Disclosure compliance: The reporting person filed the Form 4 promptly and included an attorney-in-fact signature, meeting Section 16 requirements.
• Alignment with shareholders: Compensation in deferred stock units ties director pay to future cash value based on the company stock price.

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Director received a small grant of deferred stock units that vests as cash on termination, reflecting routine director compensation.

The 10 deferred stock units are a common form of non-cash director compensation designed to align long-term interests without immediate dilution. Payment in cash on service termination and dividend reinvestment into additional units are standard plan features. The size is immaterial relative to firm market capitalization and does not indicate a change in compensation policy or corporate control. Filing via attorney-in-fact is a routine administrative step.

Securities Analyst

TL;DR: The transaction is routine, immaterial to ownership percentages, and unlikely to affect valuation or voting power.

Ten deferred stock units at $0 carrying cash settlement rights are economically minor. They increase disclosed direct beneficial ownership by 10 shares and reflect dividend-driven accrual. No exercise price, expiration, or derivative mechanics alter capital structure. This disclosure fulfills Section 16 reporting obligations and appears administrative rather than strategic.

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
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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^*

Singh Jesse G

(Last) (First) (Middle)

C/O CARLISLE COMPANIES INCORPORATED

16430 N. SCOTTSDALE ROAD, SUITE 400

(Street)

SCOTTSDALE AZ 85254

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CARLISLE COMPANIES INC [ CSL ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025

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

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
Deferred Stock Units	(1)	09/02/2025		A		10(2)		(2)	(2)	Common Stock	10	$0	10	D

Explanation of Responses:

1. Each deferred stock unit is the economic equivalent of one share of the issuer's common stock. The deferred stock units become payable in cash upon the reporting person's termination of service as a director of the issuer, such payment to be made in a lump sum or in quarterly installments over ten years based upon the closing price of the issuer's common stock on the payment date.

2. Represents additional deferred stock units acquired as a result of the quarterly dividend declared and paid by the issuer.

Remarks:

	/s/ Jesse G. Singh by Ronald P. Fuss, attorney-in-fact	09/03/2025
	** 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

What did Jesse G. Singh report on Form 4 for Carlisle Companies (CSL)?

Mr. Singh reported acquiring 10 deferred stock units on 09/02/2025, recorded as equivalent to 10 shares of common stock and held directly following the transaction.

How will the deferred stock units be paid out?

Each unit is payable in cash upon the reporting person’s termination of service, either as a lump sum or in quarterly installments over ten years, based on the issuer’s closing stock price at payment.

Why is the reported price listed as $0 on the Form 4?

The Form reports the deferred stock units with a price of $0, reflecting a non-cash grant under the director compensation plan rather than a purchased security.

Did dividends affect the number of deferred stock units reported?

Yes. The filing states the 10 units include additional units acquired as a result of the issuer’s quarterly dividend.

When was the Form 4 signed and filed?

The form bears an attorney-in-fact signature dated 09/03/2025.