4Filed Sep 10, 8:00 PM ET
Carlisle (CSL) Director Sheryl Palmer Receives 246-Unit Award
$CSL · CARLISLE COMPANIES INCResearch Summary
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Carlisle (CSL) Director Sheryl Palmer Receives 246-Unit Award
What Happened Sheryl Palmer, a director of Carlisle Companies (CSL), was granted 246 deferred stock units on 2026-09-10. The units were valued at $329.74 each, totaling approximately $81,116. The Form 4 reports this as an acquisition (award) of derivative units rather than an open-market purchase of common shares.
Key Details
- Transaction date: 2026-09-10; Form 4 filed: 2026-09-11 (timely).
- Award: 246 deferred stock units at $329.74 per unit; total value ≈ $81,116.
- Shares owned after transaction: Not specified in this filing.
- Footnotes: (1) Each deferred stock unit equals the economic value of one common share and is payable in cash upon the director's termination of service; payment may be a lump sum or quarterly installments over ten years based on the stock price at payout. (2) The grant was for services as a director.
- Transaction type: Derivative award (code A on Form 4).
Context Deferred stock units are a form of director compensation that track the economic value of shares but do not represent immediate share ownership. They are typically paid in cash upon departure and are routine compensation, not an open-market buy or sell that signals the director's immediate market stance.