Carlisle director granted 1 deferred stock unit
Director Sheryl Palmer received a small dividend-related deferred stock unit award at Carlisle Companies, payable in cash after her board service ends.
Rhea-AI Filing Summary
CARLISLE COMPANIES INC (CSL) disclosed that director Sheryl Palmer received a grant of 1 deferred stock unit on September 1, 2026. Each unit is the economic equivalent of one share of common stock and was acquired as an additional deferred stock unit resulting from a quarterly dividend. The units are payable in cash after Palmer’s termination of service as a director, either in a lump sum or in quarterly installments over ten years, based on the closing price of Carlisle’s common stock on the payment date. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1 shares
Grant/Award
1 txn
Insider
Palmer Sheryl
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1, F2 | 1 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 1 contracts (Direct)
Footnotes (2)
- F1. 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.
- F2. Represents additional deferred stock units acquired as a result of the quarterly dividend declared and paid by the issuer.
Key Figures
Deferred stock units acquired: 1 unit
Underlying common shares per unit: 1 share per unit
Exercise or conversion price: $0.00 per unit
+2 more
5 metrics
Deferred stock units acquired
1 unit
Grant to director Sheryl Palmer on September 1, 2026
Underlying common shares per unit
1 share per unit
Each deferred stock unit is economically equivalent to one share of common stock
Exercise or conversion price
$0.00 per unit
Deferred stock unit grant to Sheryl Palmer
Deferred stock units after transaction
1 unit
Total deferred stock units reported for Sheryl Palmer following the grant
Payment schedule length
10 years
Cash payments may be made in quarterly installments over ten years after termination of service
Key Terms
Deferred Stock Units, economic equivalent, quarterly dividend, termination of service, +1 more
5 terms
Deferred Stock Units financial
"Each deferred stock unit is the economic equivalent of one share"
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"
quarterly dividend financial
"acquired as a result of the quarterly dividend declared and paid"
A quarterly dividend is a payment a company gives to its shareholders four times a year, usually as a share of its profits. It's like getting a small bonus every few months for owning the company's stock, which can provide a steady income. Investors watch these payments to see how well a company is doing and whether it’s a good investment.
termination of service financial
"become payable in cash upon the reporting person's termination of service"
Rule 10b5-1 regulatory
"No Rule 10b5-1 trading plan is reported"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did CSL report for director Sheryl Palmer?
CSL reported that director Sheryl Palmer received a grant of 1 deferred stock unit on September 1, 2026, as an additional unit tied to a quarterly dividend declared and paid by Carlisle Companies.
How many deferred stock units did Sheryl Palmer acquire in this CSL Form 4?
Sheryl Palmer acquired 1 deferred stock unit, bringing her reported deferred stock unit holdings from this transaction to 1 unit, each economically equivalent to one share of Carlisle Companies common stock.
What is a deferred stock unit in the CSL filing for Sheryl Palmer?
Each deferred stock unit is described as the economic equivalent of one common share of Carlisle Companies. The units will be settled in cash, not stock, after Sheryl Palmer’s termination of service as a director.
When will Sheryl Palmer’s CSL deferred stock units be paid out?
The deferred stock units become payable in cash upon termination of Sheryl Palmer’s service as a director, either as a lump sum or in quarterly installments over ten years, based on the closing price on each payment date.
Was Sheryl Palmer’s CSL deferred stock unit award made under a Rule 10b5-1 plan?
No. The Form 4 indicates the document-level Rule 10b5-1 checkbox is not affirmed, so no Rule 10b5-1 trading plan is reported for this transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
