KOCH D CHRISTIAN 4
Research Summary
AI-generated summary
Carlisle (CSL) CEO Christian Koch Receives Award, Sells 10,195 Shares
What Happened
Christian Koch, Chair, President & CEO of Carlisle Companies (CSL), was granted 15,034 performance shares on 2026-01-31. To cover the tax withholding related to that grant (and the vesting of previously awarded restricted shares), 10,195 shares were withheld/surrendered at a reported per-share value of $340.89, totaling $3,475,374.
Key Details
- Transaction date: 2026-01-31; filing date: 2026-02-02 (appears timely).
- Award: 15,034 performance shares earned for services (footnote F1).
- Tax withholding/disposition: 10,195 shares @ $340.89 = $3,475,374 (reported as code F).
- Shares retained/surrendered to satisfy withholding tax obligations on the new performance shares and vesting restricted shares (footnote F3).
- Reported related holding: 135,000 shares owned by an LLC for which Koch has full investment authority (footnote F4).
- No open-market purchase or voluntary sale signaling a trading intent — the disposal was for tax withholding.
Context
This is a routine equity compensation event: performance shares were earned and a portion of shares was withheld/surrendered to satisfy tax obligations. Such withholding transactions are standard and do not necessarily indicate a change in the insider’s market view.