Schwar Stephen 4
Research Summary
AI-generated summary
Carlisle (CSL) Vice Chair Stephen Schwar Receives 4,455-Share Award
What Happened
- Stephen Schwar, Vice Chair of Carlisle Companies Inc., received equity awards on January 28, 2026: 990 restricted shares (cash price reported $0) and a 3,465-share derivative award (reported at $0). The filings list these as grants/awards (Form 4 code A), i.e., compensation rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-28; filing date: 2026-01-29 (timely within Form 4 rules).
- Consideration: $0 reported for both grants (awarded as compensation).
- Award breakdown: 990 restricted shares (F1: granted for services as an executive officer); 3,465-share derivative award (appears to be an option/derivative).
- Vesting note (F3): the derivative award vests in three equal annual installments beginning January 28, 2027.
- Ownership notes (F2): filing references 48 shares acquired via the issuer’s defined contribution plan and 7 shares via dividend reinvestment in the prior year. The filing does not state a total post-transaction share count in the summary provided here.
Context
- These transactions are compensation awards, not open-market buys or sales, so they reflect pay and retention practices rather than an immediate insider market view.
- The derivative award vests over time (annual installments), so the shares are not immediately available for sale unless otherwise specified.