SMITH DAVID W 4

What Happened
David W. Smith, Vice President, Sustainability at Carlisle Companies (CSL), received stock-based compensation on January 28, 2026: a grant of 190 restricted common shares and an award of 670 derivative shares. Both awards are reported at an acquisition price of $0.00 (total reported consideration $0). These are grants/awards (code A), not open-market purchases or sales.

Key Details

• Transaction date: 2026-01-28; Form 4 filed 2026-01-29.
• Awards: 190 restricted shares (F1) + 670 derivative shares = 860 total shares awarded.
• Reported price: $0.00 for each award (typical for compensation grants); reported cash consideration $0.
• Shares owned after transaction: not specified in the Form 4 provided.
• Relevant footnotes from the filing:
  • F1: Represents a grant of 190 restricted shares from the issuer as an executive officer of the issuer.
  • F2: Includes 28 shares acquired in the issuer's defined contribution plan during the prior year.
  • F3: The option vests in three equal annual installments beginning on January 28, 2027.
• Filing timing: transaction dated 1/28/2026, Form 4 filed 1/29/2026 — appears timely; no late-filing indicator noted.

Context
These entries are compensation awards rather than purchases or sales. The derivative award and F3 note indicate vesting terms (an option or unit that vests over time), so economic ownership may be subject to future vesting conditions. Compensation grants are common for executives and reflect pay, not necessarily a trading signal.