Carrier (CARR) Director Neil Barua Receives Deferred Stock Award
$CARR · CARRIER GLOBAL CorpResearch Summary
AI-generated summary of this SEC filing
Carrier (CARR) Director Neil Barua Receives Deferred Stock Award
What Happened
Neil Barua, a director of Carrier Global Corp (CARR), was granted 2,831.011 deferred stock units (DSUs) on July 24, 2026. The grant is reported at an equivalent price of $68.88 per share, for a total value of $195,000. This transaction is an award of derivative units (transaction code A) as part of director compensation, not an open‑market purchase.
Key Details
- Transaction date: 2026-07-24; Grant type: Award/Acquisition (A) of DSUs
- Quantity and valuation: 2,831.011 DSUs @ $68.88 = $195,000 (reported)
- Security type: Derivative (deferred stock units that convert to common shares per plan)
- Shares owned after transaction: Not disclosed in the provided filing
- Footnote: DSUs were granted under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan. DSUs (plus dividend equivalents) convert into an equal number of Carrier common shares upon a director’s resignation, removal, or retirement and are distributed per the director’s election (lump sum or installments).
- Timeliness: The Form 4 was filed for the same reporting period date (2026-07-24), indicating a timely report.
Context
DSU grants are a common form of non-employee director compensation and do not represent an immediate open‑market purchase or sale. DSUs only convert into voting common shares upon the triggering events described in the plan (e.g., departure from the board), so they typically do not change current voting power or result in immediate liquidity.