Carlisle (NYSE: CSL) director adds RSUs and deferred stock units from dividend
Rhea-AI Filing Summary
Carlisle Companies director Jesse G. Singh reported routine equity-based compensation changes. On June 1, 2026, Singh acquired 11 deferred stock units and 13 restricted stock units, both granted at $0.00 per unit as derivative awards tied to the company’s common stock.
The footnotes explain these additional units were credited as a result of a quarterly dividend declared and paid by Carlisle. Each restricted stock unit was fully vested on the grant date and represents the right to receive one share of common stock, delivered after Singh’s service as a director ends. Each deferred stock unit is economically equivalent to one common share and will be settled in cash, in a lump sum or quarterly installments over ten years, based on the closing stock price when payments are made after his board service terminates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restriced Stock Units | 13 | $0.00 | -- |
| Grant/Award | Deferred Stock Units | 11 | $0.00 | -- |
Footnotes (1)
- Represents additional restricted stock units acquired as a result of the quarterly dividend declared and paid by the issuer. Each restricted stock unit represents a right to receive one share of the issuer's common stock. The restricted stock units were fully vested on the date of grant and the vested shares will be delivered to the reporting person upon the reporting person's termination of service 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 upon the closing price of the issuer's common stock on the payment date. Represents additional deferred stock units acquired as a result of the quarterly dividend declared and paid by the issuer.