Director Sheryl Palmer receives equity awards from Carlisle (NYSE: CSL)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Palmer Sheryl reported acquisition or exercise transactions in this Form 4 filing.
Carlisle Companies director Sheryl Palmer received equity-based compensation in the form of common stock and deferred stock units. She was granted 505 shares of common stock at no cost for her services as a director, bringing her direct common stock holdings to 1,078 shares.
Palmer was also granted 43 Deferred Stock Units, each economically equivalent to one share of Carlisle common stock, based on a reference price of $357.06 per unit. These units will be paid out in cash after her board service ends, either in a lump sum or in quarterly installments over ten years, using the closing stock price on each payment date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Palmer Sheryl
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 43 | $357.06 | $15K |
| Grant/Award | Common Stock | 505 | $0.00 | -- |
Holdings After Transaction:
Deferred Stock Units — 43 shares (Direct, null);
Common Stock — 1,078 shares (Direct, null)
Footnotes (1)
- Represents a grant of restricted shares from the issuer for services as a director of the issuer. 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 on the closing price of the issuer's common stock on the payment date. Represents a grant of units from the issuer for services as a director of the issuer.
Key Figures
Restricted share grant: 505 shares
Common shares held: 1,078 shares
Deferred Stock Units granted: 43 units
+2 more
5 metrics
Restricted share grant
505 shares
Common stock granted for director services on 2026-04-28
Common shares held
1,078 shares
Total direct common stock after grant
Deferred Stock Units granted
43 units
Deferred Stock Units economically equivalent to common shares
DSU reference price
$357.06 per unit
Transaction price per Deferred Stock Unit on grant date
DSU payout schedule
Up to 10 years
Cash payable in lump sum or quarterly installments over ten years
Key Terms
restricted shares, Deferred Stock Units, economic equivalent, lump sum, +1 more
5 terms
Deferred Stock Units financial
"Each deferred stock unit is the economic equivalent of one share of the issuer's common stock"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
economic equivalent financial
"Each deferred stock unit is the economic equivalent of one share of the issuer's common stock"
lump sum financial
"such payment to be made in a lump sum or in quarterly installments over ten years"
A lump sum is a single, one-time payment of the full amount owed instead of spreading the same money over multiple smaller payments. For investors, receiving or paying a lump sum affects cash flow, reinvestment opportunities and tax timing—like getting a full paycheck at once rather than regular paychecks—so it changes liquidity, risk exposure and the timing of returns.
quarterly installments financial
"or in quarterly installments over ten years based on the closing price"
FAQ
What did Carlisle (CSL) director Sheryl Palmer report in this Form 4?
Sheryl Palmer reported equity awards from Carlisle Companies for her board service, including 505 restricted common shares and 43 Deferred Stock Units. These are compensation-related grants, not open-market stock purchases or sales, and increase her overall equity-linked exposure to Carlisle.
What are the Deferred Stock Units granted to Carlisle (CSL) director Sheryl Palmer?
Palmer received 43 Deferred Stock Units, each the economic equivalent of one Carlisle common share. These units will be settled in cash after her board service ends, with payment based on Carlisle’s common stock closing price on the applicable payment dates.
When and how will Sheryl Palmer’s Carlisle (CSL) Deferred Stock Units be paid?
The 43 Deferred Stock Units become payable in cash upon Palmer’s termination of service as a director. Carlisle will pay either a lump sum or quarterly installments over ten years, using the common stock closing price on each payment date.