PATEL MEHUL 4
Research Summary
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Carlisle (CSL) VP Mehul Patel Receives 1,010-Share Award
What Happened Mehul Patel, Vice President, Investor Relations at Carlisle Companies (CSL), received compensation awards on January 28, 2026: 225 restricted shares granted for services as an executive officer and a 785-share derivative option award. Both were recorded at $0.00 acquisition price (no cash paid). This is an award/grant (compensation), not a purchase or sale.
Key Details
- Transaction date: 2026-01-28; filing date: 2026-01-29 (timely).
- Grants: 225 restricted shares (footnote: for services as an executive officer) and 785-share option award recorded as derivative.
- Price: $0.00 per share for both grants (no cash exchanged).
- Vesting: the 785-share option vests in three equal annual installments beginning January 28, 2027 (per footnote).
- Shares owned after transaction: not disclosed in the Form 4 filing.
- Filing timeliness: filed the next day; not marked late.
Context These awards are company compensation (restricted shares and an option award) and do not represent an open-market purchase or sale. The 785-share derivative is subject to a multi-year vesting schedule, so those shares/options are not immediately transferable or saleable until they vest. Compensation grants are routine for executives and should be viewed as compensation events rather than direct indicators of immediate insider sentiment.