Palmer Sheryl 4

What Happened

• Director Sheryl Palmer received an award of 1 deferred stock unit (DSU) on March 2, 2026. The Form 4 reports the acquisition as 1 share equivalent at $0.00 (derivative), i.e., a DSU grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-03-02; Transaction code: A (award/grant).
• Amount: 1 deferred stock unit reported at $0.00 (derivative); reported total value $0 on the form (payment is cash‑settled per footnote).
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 — each DSU equals the economic value of one share and is payable in cash upon the director’s termination, either lump sum or quarterly over ten years based on the closing stock price at payout. F2 — the DSU includes additional units from the company’s quarterly dividend.
• Filing timeliness: Reported on the same date as the transaction (filed 2026-03-02), indicating a timely Form 4.

Context

• Deferred stock units are compensation for directors and are cash‑settled derivatives tied to Carlisle’s share price; they are routine and do not represent an immediate market purchase or sale of CSL stock. This small, single‑unit award is typical director compensation and should not be interpreted as a substantive directional bet on the stock.