GARNIER JEAN PIERRE 4
Research Summary
AI-generated summary
Carrier Global (CARR) Director Jean Pierre Garnier Receives Award
What Happened
- Jean Pierre Garnier, a director of Carrier Global Corporation (CARR), was granted 3,330.487 Deferred Stock Units (DSUs) on 2026-04-15. The units were valued at $58.55 each, for a total grant value of $195,000. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date and valuation: 2026-04-15 at $58.55 per share (3,330.487 DSUs; $195,000 total).
- Transaction type: Award/Grant of derivative securities (DSUs) under Carrier’s Board of Directors Deferred Stock Unit Plan.
- Shares owned after transaction: Not specified in the filing.
- Notable footnote: The DSUs were granted as part of annual non-employee director compensation. Under the plan, DSUs (plus accrued dividend equivalents) convert into an equal number of Carrier common shares upon the director’s resignation, removal, or retirement and then are distributed per the director’s election.
- Timeliness: Filing dated 2026-04-17 for a 2026-04-15 transaction — filed within the typical 2-business-day reporting window.
Context
- DSU grants are standard director compensation and represent deferred equity, not an immediate open-market investment; they convert to actual shares only upon certain termination/retirement events. Such awards are routine and do not necessarily signal the director’s personal buying or selling preference.