Andrews Charles Elliott Jr. 4
Research Summary
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Carlyle (CG) Chief Accounting Officer Andrews C. Elliott Jr. Receives RSUs
What Happened Andrews C. Elliott Jr., Chief Accounting Officer of Carlyle Group Inc. (CG), was granted restricted stock unit (RSU) awards totaling 23,240 shares (15,493 and 7,747 RSUs) on Feb 1, 2026. On the same date 1,084 shares were withheld by the issuer to satisfy tax withholding obligations at $58.78 per share, representing $63,718. The RSUs were granted at $0.00 (award), not purchased; the withholding was done by the company and no open‑market sale by the reporting person was reported.
Key Details
- Transaction date: Feb 1, 2026; Form 4 filed Feb 3, 2026 (timely filing).
- Awards: 15,493 RSUs (footnote F2) and 7,747 RSUs (footnote F3) granted at $0.00.
- Tax withholding: 1,084 shares withheld at $58.78 = $63,718 (footnote F1); reporting person did not sell shares on the open market.
- Vesting: F2 awards vest 40% on Aug 1, 2027; 30% on Aug 1, 2028; 30% on Aug 1, 2029. F3 awards vest 1/3 on each of Feb 1, 2027, Feb 1, 2028 and Feb 1, 2029, subject to continued service.
- Shares owned after the reported transactions: not specified in the provided filing details.
Context These transactions are awards and a company tax‑withholding action — not an open‑market purchase or discretionary sale by the insider. RSU grants are compensation that vest over time per the schedules above; the withholding is a routine administrative step to cover taxes when RSUs vest. Such awards indicate compensation alignment but are not direct market purchases that typically signal personal bullishness.