TODMAN MICHAEL 4
4 · CARRIER GLOBAL Corp · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Carrier (CARR) Director Michael Todman Receives DSU Award
What Happened
- Michael Todman, a director of Carrier Global Corp (CARR), was granted 3,637.916 Deferred Stock Units (DSUs) on 2026-04-15 at a reported per-unit value of $58.55, for a total reported value of $213,000. The transaction is coded as an award/acquisition (derivative).
Key Details
- Transaction date and value: 2026-04-15; 3,637.916 DSUs × $58.55 = $213,000.
- Transaction type: Award/Acquisition of deferred stock units (derivative), Form 4 filed 2026-04-17 (timely).
- Shares owned after transaction: Not disclosed in the filing.
- Footnote: DSUs were granted under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan. DSUs (including accrued dividend equivalents) convert into an equal number of Carrier common shares upon the director’s resignation, removal, or retirement and are distributed per the director’s prior election (lump sum or installments).
Context
- These DSUs are part of routine non-employee director compensation, not an open-market purchase or sale. They are derivative units that will convert to common shares upon departure from the board, so this grant reflects compensation rather than an immediate cash investment or sale.
Insider Transaction Report
Form 4
TODMAN MICHAEL
Director
Transactions
- Award
Director DSU
[F1]2026-04-15$58.55/sh+3,637.916$213,000→ 37,033.555 total→ Common Stock (3,637.916 underlying)
Footnotes (1)
- [F1]The reporting person acquired these stock units under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan (the Plan) in connection with the reporting person's annual compensation for service as a non-employee director. The Plan provides for payment of a portion or all of the annual compensation in Deferred Stock Units (DSUs). Upon resignation, removal, or retirement from the Board, the DSUs in the director's account under the Plan, including accrued dividend equivalents, are converted into an equal number of shares of Carrier common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.
Signature
/s/ Erin O'Neal as Attorney-in-Fact|2026-04-17