Carlisle Companies Gains Two Passive Owners Above 5 % in 13G/A

Rhea-AI Filing Summary

Carlisle Companies Inc. (CSL) received an amended Schedule 13G dated 08/05/2025 covering positions as of 06/30/2025. Two institutional investors now report passive ownership above the 5 % threshold.

• Morgan Stanley (parent holding company, DE) reports 2,776,355 shares (shared voting: 2,442,046; shared dispositive: 2,680,877), equal to 6.4 % of CSL’s outstanding common stock.
• Atlanta Capital Management Company, LLC (investment adviser, DE) reports 2,454,053 shares (shared voting: 2,160,000; shared dispositive: 2,366,954), equal to 5.7 % of the class.

Both filers certify that the shares were acquired in the ordinary course of business and not for the purpose of influencing control. The filing is joint, and no member of either group claims sole voting or dispositive authority. No other material transactions, financial results, or changes in control are disclosed.

Positive

• Morgan Stanley’s 6.4 % stake signals solid institutional confidence and could improve CSL’s trading liquidity.
• Atlanta Capital’s 5.7 % holding adds a second sizable passive owner, potentially broadening analyst coverage.

Negative

• None.

Insights

Institutional Ownership Analyst

TL;DR Passive 13G shows Morgan Stanley and Atlanta Capital each hold >5 % of CSL, signalling elevated institutional interest but no activism.

The amendment lifts disclosed ownership to 6.4 % for Morgan Stanley and 5.7 % for Atlanta Capital, giving a combined 12.1 % institutional block. Because the filing is on Schedule 13G, it is deemed passive; there is no intent to seek control or board influence. For investors, rising institutional stakes can enhance liquidity and lend support to valuation, yet it does not change CSL’s governance landscape. Impact is therefore modest and largely informational.

Corporate Governance Specialist

TL;DR Filing is informational; ownership crosses 5 % but remains passive, posing minimal governance implications.

Neither Morgan Stanley nor Atlanta Capital requests activist privileges, limiting governance impact. Their shared, not sole, voting/dispositive powers indicate portfolio-level holdings rather than concentrated control. No group formation, no intent to influence strategy, and certifications meet Rule 13d-1(b) conditions. The disclosure merely updates CSL’s ownership register and may widen analyst coverage, but does not trigger defensive measures or poison-pill thresholds.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

CARLISLE COMPANIES INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

142339100

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 142339100

1

Names of Reporting Persons

Morgan Stanley

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,442,046.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,680,877.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,776,355.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.4 %

12

Type of Reporting Person (See Instructions)

HC, CO

SCHEDULE 13G

CUSIP No. 142339100

1

Names of Reporting Persons

Atlanta Capital Management Company, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 2,160,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 2,366,954.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,454,053.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.7 %

12

Type of Reporting Person (See Instructions)

IA, CO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: CARLISLE COMPANIES INC
(b)	Address of issuer's principal executive offices: 16430 N. SCOTTSDALE RD., SUITE 400, SCOTTSDALE, AZ, 85254
Item 2.
(a)	Name of person filing: 1: Morgan Stanley 2: Atlanta Capital Management Company, LLC
(b)	Address or principal business office or, if none, residence: 1: 1585 Broadway, New York, NY 10036 ;2: 1075 Peachtree Street, Suite 2100, Atlanta, GA 30309
(c)	Citizenship: 1: Delaware 2: Delaware
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 142339100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See the response(s) to Item 9 on the attached cover page(s).
(b)	Percent of class: 6.4 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See the response(s) to Item 5 on the attached cover page(s).
	(ii) Shared power to vote or to direct the vote: See the response(s) to Item 6 on the attached cover page(s).
	(iii) Sole power to dispose or to direct the disposition of: See the response(s) to Item 7 on the attached cover page(s).
	(iv) Shared power to dispose or to direct the disposition of: See the response(s) to Item 8 on the attached cover page(s).
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. See Exhibit 99.2
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11. * In Accordance with the Securities and Exchange Commission Release No. 34-39538 (January 12, 1998) (the "Release"), this filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by certain operating units (collectively, the "MS Reporting Units") of Morgan Stanley and its subsidiaries and affiliates (collectively, "MS"). This filing does not reflect securities, if any, beneficially owned by any operating units of MS whose ownership of securities is disaggregated from that of the MS Reporting Units in accordance with the Release.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Morgan Stanley

Signature:	Chris O'Hara
Name/Title:	Authorized Signatory, Morgan Stanley
Date:	08/05/2025

Atlanta Capital Management Company, LLC

Signature:	Kelly Williams
Name/Title:	Authorized Signatory, Atlanta Capital Management Company, LLC
Date:	08/05/2025

Exhibit Information

EXHIBIT NO. EXHIBITS ------------------ ------------------------------------ 99.1 Joint Filing Agreement 99.2 Item 7 Information * Attention. Intentional misstatements or omissions of fact constitute federal criminal violations (see 18 U.S.C. 1001).

FAQ

How much of Carlisle Companies (CSL) does Morgan Stanley own?

Morgan Stanley reports 2,776,355 shares, equal to 6.4 % of CSL’s common stock.

What is Atlanta Capital Management’s ownership percentage in CSL?

Atlanta Capital holds 2,454,053 shares, representing 5.7 % of the outstanding shares.

Is the filing activist or passive?

The filing is on Schedule 13G, indicating a passive investment with no intent to influence control.

Does either investor have sole voting power over CSL shares?

No. Both report 0 shares with sole voting power; voting authority is shared.

Why was an amendment (13G/A) necessary?

An amendment is required when ownership crosses disclosure thresholds or materially changes; the event date is 06/30/2025.