Carlisle (CSL) vice chair Stephen Schwar exercises options, sells common shares

Rhea-AI Filing Summary

Carlisle Companies executive Stephen Schwar, Vice Chair of CCM, reported several stock transactions. On February 12, 2026, he exercised an employee stock option for 1,500 shares of common stock at an exercise price of $108.72 per share, increasing his direct holdings to 14,589 shares.

That same day, Schwar executed two open-market sales of Carlisle common stock. He sold 1,500 shares at a price of $417.16 per share, then sold an additional 4,549 shares at $417.42 per share. After these sales, he directly owned 8,540 Carlisle common shares.

Insights

Equity Compensation & Insider Trading Analyst

Executive exercised options and sold shares in routine Form 4 activity.

Stephen Schwar, Vice Chair of CCM at Carlisle Companies, exercised an employee stock option for 1,500 shares at an exercise price of $108.72 on February 12, 2026. This converted derivative awards into common stock, a typical step as options approach maturity.

The same day, he sold 1,500 shares at $417.16 and 4,549 shares at $417.42, leaving 8,540 shares held directly afterward. The filing describes these as open-market sales, without commentary on intent or any parallel company developments.

Overall, this appears as standard insider equity management involving option exercise and partial share sales. The Form 4 does not quantify these trades as a percentage of Carlisle’s total shares, so the broader ownership impact cannot be evaluated from this excerpt alone.

Insider Trade Summary

Net Seller: 6,049 shares ($2,524,584)

Net Sell 4 txns

Insider Schwar Stephen

Role Vice Chair of CCM

Sold 6,049 shs ($2.52M)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (Right to Buy)	1,500	$0.00	--
Exercise	Common Stock	1,500	$108.72	$163K
Sale	Common Stock	1,500	$417.16	$626K
Sale	Common Stock	4,549	$417.42	$1.90M

Holdings After Transaction: Employee Stock Option (Right to Buy) — 0 shares (Direct); Common Stock — 14,589 shares (Direct)

Footnotes (1)

1. The option vested in three equal annual installments beginning on February 6, 2019. The transaction is the exercise of a derivative security.

Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
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^*

Schwar Stephen

(Last) (First) (Middle)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Vice Chair of CCM

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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
Common Stock	02/12/2026		M		1,500	A	$108.72	14,589	D
Common Stock	02/12/2026		S		1,500	D	$417.16	13,089	D
Common Stock	02/12/2026		S		4,549	D	$417.42	8,540	D

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
Employee Stock Option (Right to Buy)	$108.72	02/12/2026		M			1,500	(1)	02/05/2028	Common Stock	1,500	(2)	0	D

Explanation of Responses:

1. The option vested in three equal annual installments beginning on February 6, 2019.

2. The transaction is the exercise of a derivative security.

Remarks:

	/s/ Stephen F. Schwar by Ronald P. Fuss, attorney-in-fact	02/13/2026
	** 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 insider transaction did Carlisle (CSL) executive Stephen Schwar report?

Stephen Schwar reported exercising an employee stock option for 1,500 Carlisle common shares and selling shares the same day. The filing shows an option exercise at $108.72 per share followed by open-market sales, leaving him with 8,540 directly held Carlisle shares afterward.

How many Carlisle (CSL) shares did Stephen Schwar sell on February 12, 2026?

On February 12, 2026, Stephen Schwar sold 1,500 Carlisle common shares at $417.16 per share and 4,549 shares at $417.42 per share. These two open-market transactions reduced his directly owned Carlisle position to 8,540 common shares following the reported trades.

What stock option did Stephen Schwar exercise in this Carlisle (CSL) Form 4?

Stephen Schwar exercised an employee stock option covering 1,500 Carlisle common shares at an exercise price of $108.72 per share. Footnotes state this option vested in three equal annual installments beginning February 6, 2019, and the Form 4 classifies the event as an exercise of a derivative security.

How many Carlisle (CSL) shares does Stephen Schwar own after the reported transactions?

After the reported transactions, Stephen Schwar directly owns 8,540 Carlisle common shares. His holdings first rose to 14,589 shares after the option exercise, then declined following two open-market sales of 1,500 and 4,549 shares completed on February 12, 2026.

What is Stephen Schwar’s role at Carlisle (CSL) in this Form 4 filing?

In the Form 4, Stephen Schwar is identified as an officer of Carlisle Companies, serving as Vice Chair of CCM. He is not listed as a director or 10% owner, and the transactions reported are in his capacity as an executive with direct ownership of the shares.

How are the derivative securities described in Stephen Schwar’s Carlisle (CSL) Form 4?

The derivative security is described as an employee stock option with a right to buy at $108.72 per share, expiring February 5, 2028. The Form 4 notes the option vested in three equal annual installments beginning February 6, 2019, and shows 1,500 options exercised, leaving none remaining.