Dryden Edward C. 4

What Happened Edward C. Dryden, President of Carrier Global Corp., was awarded 68,120 derivative shares (transaction code A) on January 28, 2026. The grant was reported at a $0.00 acquisition price (no cash paid). The filing also notes a related award of 18,880 Performance Share Units (PSUs) described in the footnote.

Key Details

• Transaction date: 2026-01-28; filing date (Form 4): 2026-01-30 (filed within the typical 2-business-day window).
• Reported transaction: 68,120 derivative shares granted at $0.00; listed as an Award/Grant (A).
• Footnote: 18,880 PSUs were awarded. These PSUs vest on the third anniversary of the grant only if the reporting person remains employed and Carrier meets pre-set performance targets for earnings-per-share growth and total shareowner return (TSR) versus a subset of industrial S&P 500 companies over three years.
• Shares owned following the transaction: not specified in the provided filing excerpt.
• No sale or purchase (no immediate market transaction); this is an equity award that will convert to common stock only if/when vesting conditions are met.

Context This is an executive equity grant, not an open-market purchase or sale. Derivative awards like RSUs/PSUs are common parts of executive compensation and are contingent on service and/or performance vesting conditions; they do not represent immediate cash value until and unless they vest and convert to shares.