Villeneuve Nadia 4

What Happened Nadia Villeneuve, Senior Vice President & Chief People & Communications Officer at Carrier Global (CARR), was awarded 69,690 derivative shares on January 28, 2026. The filing shows an acquisition at $0.00 per share (award/grant), so no cash was paid at grant. Included in the award are 19,315 Performance Share Units (PSUs) that are contingent on continued employment and achievement of pre-established performance targets.

Key Details

• Transaction date: 2026-01-28; Form 4 filed 2026-01-30 (appears timely).
• Transaction type/code: Award/Grant (derivative); price reported $0.00.
• Shares awarded: 69,690 total; footnote specifies 19,315 PSUs.
• PSU terms: Each PSU represents a contingent right to one share; PSUs vest on the third anniversary of the grant only if the reporting person remains employed and Carrier meets EPS growth and total shareowner return (TSR) performance targets versus a subset of industrial S&P 500 companies over the three-year period.
• Shares owned after transaction: Not specified in the provided filing details.
• No indication of tax withholding, 10b5-1 plan, or sale/transfer in this filing.

Context This is a compensation award (time- and/or performance-based equity), not an open-market purchase or sale. PSUs are performance-contingent—they only convert to shares if performance and service conditions are met at vesting—so their value depends on future results and Carrier’s stock price at vesting. Such grants are a routine part of executive compensation and do not by themselves signal the insider’s short-term view of the stock.