Dryden Edward C. 4

What Happened Edward C. Dryden, President of Carrier Global Corp., had 6,894 restricted stock units (RSUs) convert into common stock on July 1, 2026. To satisfy tax withholding obligations, 2,147 of those shares were disposed at $72.07 per share, producing proceeds of approximately $154,734. The transactions were reported on a Form 4 filed July 2, 2026.

Key Details

• Transaction date: July 1, 2026; Form 4 filed: July 2, 2026 (timely).
• Conversion: 6,894 RSUs converted one-for-one into common shares (reported as derivative exercise/conversion, code M).
• Tax withholding/disposition: 2,147 shares withheld/disposed at $72.07 per share, total ≈ $154,734 (code F).
• Additional line-item: the filing shows the conversion and a corresponding derivative disposition entry (reporting mechanics common with RSU settlements).
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: F1 — RSUs convert one-for-one and include dividend equivalents credited as additional RSUs. F2 — These RSUs were granted July 1, 2024 and fully vested on the transaction date.

Context This appears to be a routine RSU settlement with shares withheld/sold to cover taxes (not an open-market sale for investment purposes). For retail investors, such withholding transactions are common and do not necessarily signal insider buying or selling intent beyond meeting tax obligations.