Ricard Corrine D. 4
Research Summary
AI-generated summary
Carlisle (CSL) Director Corrine D. Ricard Receives 23 RSUs
What Happened
Corrine D. Ricard, a director of Carlisle Companies Inc. (CSL), was granted 23 restricted stock units (RSUs) on 2026-06-01. The RSUs were recorded at $0.00 per unit (no cash exchanged) and are reported as a derivative award. This was an award (not an open-market purchase or sale) tied to the company’s quarterly dividend program.
Key Details
- Transaction date: 2026-06-01; Price reported: $0.00 per RSU; Quantity: 23 RSUs (derivative award, code A).
- Shares owned after transaction: not specified in the filing.
- Footnote F1: These RSUs were issued as additional units resulting from the issuer’s quarterly dividend; each RSU represents a right to one share.
- Footnote F2: The RSUs were fully vested at grant, but the underlying shares will be delivered only upon the reporting person's termination of service as a director.
- Filing timeliness: Reported the same day (filed 2026-06-01), indicating a timely Form 4.
Context: RSUs are a deferred-equity award (a right to receive shares). Although these units are fully vested, they do not immediately convert to delivered shares — delivery is deferred until the director leaves service. Such dividend-related RSU awards are routine compensation adjustments and do not necessarily signal a buy/sell decision.