Zdimal Kevin P 4

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).