Zdimal Kevin P 4
4 · CARLISLE COMPANIES INC · Filed Feb 11, 2026
Research Summary
AI-generated summary of this filing
Carlisle (CSL) CFO Kevin Zdimal Exercises Options, Sells Shares
What Happened
- Kevin P. Zdimal, Chief Financial Officer of Carlisle Companies Inc. (CSL), exercised stock options to acquire 7,720 shares at $222.35 per share (cost ≈ $1,716,542) on Feb 10, 2026.
- On the same day he sold multiple lots totaling 24,180 shares in open-market transactions for aggregate proceeds of about $9.87 million (sales prices ranged roughly from $404.69 to $417.68 across trades).
- This sequence—exercise followed by same-day sales—is consistent with a cashless exercise pattern (exercise of options with shares sold immediately), which is often used to cover exercise costs and taxes; sales are not necessarily a bullish signal.
Key Details
- Transaction date: February 10, 2026; Form 4 filed Feb 11, 2026 (timely).
- Option exercise: 7,720 shares at $222.35 (total ≈ $1.72M).
- Open-market sales: 24,180 shares for total proceeds ≈ $9,866,322 (multiple trades; reported weighted-average prices by lot).
- Reported sale price ranges by lot (per footnotes): roughly $404.69–$417.68 across the executed trades.
- Vesting note: the option vests in three equal annual installments beginning Feb 8, 2023 (footnote F10).
- Filing did not provide the post-transaction total shares owned by Zdimal in the excerpt provided.
Context
- For retail investors: purchases (insider buying) are generally considered more informative than routine sales. Here Zdimal exercised options and sold shares the same day, a common administrative/cash management action rather than a clear directional bet.
- The filing documents multiple small trades (weighted-average prices reported; details available from the filer upon request per footnotes).
Insider Transaction Report
Form 4
Zdimal Kevin P
VP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2026-02-10$222.35/sh+7,720$1,716,542→ 54,274 total - Sale
Common Stock
[F1]2026-02-10$405.19/sh−2,306$934,368→ 51,968 total - Sale
Common Stock
[F2]2026-02-10$406.08/sh−5,414$2,198,517→ 46,554 total - Sale
Common Stock
[F3]2026-02-10$405.44/sh−5,824$2,361,283→ 40,730 total - Sale
Common Stock
[F4]2026-02-10$406.26/sh−4,199$1,705,886→ 36,531 total - Sale
Common Stock
[F5]2026-02-10$407.44/sh−1,447$589,566→ 35,084 total - Sale
Common Stock
[F6]2026-02-10$408.06/sh−128$52,232→ 34,956 total - Sale
Common Stock
[F7]2026-02-10$415.91/sh−2,129$885,472→ 32,827 total - Sale
Common Stock
[F8]2026-02-10$416.69/sh−2,533$1,055,476→ 30,294 total - Sale
Common Stock
[F9]2026-02-10$417.61/sh−200$83,522→ 30,094 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F11][F10]2026-02-10−7,720→ 0 totalExercise: $222.35Exp: 2032-02-07→ Common Stock (7,720 underlying)
Footnotes (11)
- [F1]This transaction was executed in multiple trades at prices ranging from $404.69 to $405.62. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F10]The option vests in three equal annual installments beginning on February 8, 2023.
- [F11]The transaction is the exercise of a derivative security.
- [F2]This transaction was executed in multiple trades at prices ranging from $405.69 to $406.68. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F3]This transaction was executed in multiple trades at prices ranging from $404.90 to $405.89. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F4]This transaction was executed in multiple trades at prices ranging from $405.92 to $406.89. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F5]This transaction was executed in multiple trades at prices ranging from $407.00 to $407.86. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F6]This transaction was executed in multiple trades at prices ranging from $408.02 to $408.07. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F7]This transaction was executed in multiple trades at prices ranging from $415.43 to $416.41. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F8]This transaction was executed in multiple trades at prices ranging from $416.44 to $417.38. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
- [F9]This transaction was executed in multiple trades at prices ranging from $417.46 to $417.68. The price reported above reflects the weighted average sales price. The reporting person hereby undertakes to provide to the SEC staff, the issuer or a security holder of the issuer, upon request, full information regarding the number of shares sold at each separate price.
Signature
/s/ Kevin P. Zdimal by Ronald P. Fuss, attorney-in-fact|2026-02-11