Carlisle director converts RSUs, forfeits 505 shares
Carlisle director Jesse G. Singh converted vested restricted stock units into shares and forfeited unvested restricted stock upon resigning from the board.
Rhea-AI Filing Summary
CARLISLE COMPANIES INC (CSL) director Jesse G. Singh reported transactions on September 10, 2026 related to his departure from the board. Previously granted restricted stock units covering 4,070 shares of common stock were converted into the same number of common shares, and all restricted stock units were eliminated. In connection with his resignation, he also forfeited 505 unvested restricted shares back to the company without consideration. No Rule 10b5-1 trading plan is reported for these transactions.
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Negative
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Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restriced Stock Units F3, F4 | 4,070 | $329.74 | $1.34M |
| Exercise | Common Stock F1 | 4,070 | -- | -- |
| Disposition | Common Stock F2 | 505 | $0.00 | $0.00 |
Footnotes (4)
- F1. Not applicable.
- F2. Represents the forfeiture of unvested restricted shares back to the issuer without consideration upon the reporting person's resignation as a member of the board of directors.
- F3. Each restricted stock unit represents a right to receive one share of the issuer's common stock.
- F4. The restricted stock units were fully vested on the dates of grants and the vested shares were delivered to the reporting person upon the reporting person's termination of service as a director of the issuer.
Key Figures
Key Terms
restricted stock units financial
forfeiture financial
termination of service financial
FAQ
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What did CSL director Jesse G. Singh report in this Form 4?
How many Carlisle (CSL) restricted stock units did Jesse G. Singh convert?
Were Jesse G. Singh’s CSL transactions made under a Rule 10b5-1 plan?
Does Jesse G. Singh still hold restricted stock units of Carlisle (CSL) after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.