Palmer Sheryl 4
Research Summary
AI-generated summary
Carlisle (CSL) Director Sheryl Palmer Receives Award
What Happened
- Sheryl Palmer, a director of Carlisle Companies Inc. (CSL), was granted 1 deferred stock unit on 2026-06-01. The unit is reported as a derivative award (code A) at $0.00, with a reported value of $0 on the Form 4.
Key Details
- Transaction date: 2026-06-01; Filing date: 2026-06-02 (appears timely).
- Transaction type: Grant/award of 1 deferred stock unit (derivative); reported price $0.00; reported value $0.
- Shares owned after transaction: Not specified in this filing.
- Footnote F1: Each deferred stock unit equals the economic value of one common share and becomes payable in cash upon the reporting person's termination of service; payment may be in a lump sum or quarterly installments over 10 years based on the closing stock price at payment.
- Footnote F2: The unit includes additional deferred stock units resulting from the issuer's quarterly dividend.
Context
- This was an award of deferred stock units (a form of compensation), not an open-market purchase or sale. Deferred stock units do not convey immediate common-stock voting rights and are payable in cash upon departure from the board, so they are primarily a compensation/deferral mechanism rather than a direct signal of buying or selling activity.