PATEL MEHUL 4
Research Summary
AI-generated summary
Carlisle (CSL) VP Mehul Patel Receives Award; 137 Shares Withheld
What Happened
Mehul Patel, Vice President, Investor Relations at Carlisle Companies (CSL), was awarded 201 performance shares on 2026-01-31. To satisfy withholding taxes on that award, 137 of those shares were surrendered (disposed) at a reported value of $340.89 per share, raising $46,702. The net shares delivered to Patel after withholding were 64 shares.
Key Details
- Transaction dates: award and withholding both dated 2026-01-31; Form 4 filed 2026-02-02 (timely).
- Award: 201 performance shares granted (transaction code A); grant price not applicable.
- Withholding sale: 137 shares disposed to cover tax liability (transaction code F) at $340.89/share for $46,702 total.
- Net issued to insider: 64 shares (201 granted − 137 withheld).
- Footnotes: F1 — 201 performance shares earned for services as an executive officer; F3 — 137 shares retained to satisfy withholding tax. F2 — not applicable.
- Shares owned after the transaction: not disclosed in this Form 4.
Context
This filing reflects an earned equity award and a routine tax-withholding disposition, not an open-market sale or a purchase that signals buying interest. Awards and related withholdings are common when performance shares vest and do not, by themselves, indicate insider sentiment about the stock.