Carlisle (CSL) Director Corrine Ricard Receives 26-Share Award
$CSL · CARLISLE COMPANIES INCResearch Summary
AI-generated summary of this SEC filing
Carlisle (CSL) Director Corrine Ricard Receives 26-Share Award
What Happened
Corrine D. Ricard, a director of Carlisle Companies Inc. (CSL), was granted 26 restricted stock units (RSUs) on September 1, 2026. The Form 4 reports the acquisition as an award/derivative (code A) at $0.00 per unit (typical for RSU grants); no cash changed hands in this filing. Footnotes indicate the RSUs were issued as additional units from the company’s quarterly dividend and were fully vested on the grant date, with actual share delivery deferred until Ricard’s termination of service.
Key Details
- Transaction date: 2026-09-01; Report filed: 2026-09-02 (timely filing).
- Transaction type/code: Award/Grant (A); 26 RSUs @ $0.00 (derivative).
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1 — RSUs issued as a result of the quarterly dividend; each RSU equals one share.
- F2 — RSUs were fully vested on grant date; vested shares will be delivered upon the reporting person’s termination of service as a director.
- Filing timeliness: Filed the day after the transaction (appears timely under Form 4 rules).
Context
These units reflect a dividend-related award and are derivative RSUs, not an open-market purchase or sale. Because delivery of the underlying shares is deferred until Ricard leaves service, this is a standard corporate/compensation event rather than an immediate change in market holdings or an active buy/sell by the insider. Such awards are routine and do not necessarily signal the insider’s view on the stock.