SMITH DAVID W 4

What Happened

• David W. Smith, VP of Sustainability at Carlisle Companies (CSL), was awarded 362 performance shares on 2026-01-31. To satisfy withholding tax obligations, 192 of those shares were retained/disposed at $340.89 per share, totaling $65,451. Net new shares delivered to Smith from this award = 170 shares (362 awarded − 192 withheld).
• This was an equity award (not an open-market purchase or voluntary sale). The 192-share disposition reflects tax withholding (routine), not a market-driven sale for investment purposes.

Key Details

• Transaction date: January 31, 2026; Form 4 filed February 2, 2026 (appears timely).
• Award: 362 performance shares (footnote F1: performance shares earned for services as an executive officer).
• Withholding/disposition: 192 shares withheld/disposed at $340.89 per share, proceeds $65,451 (transaction code F = tax withholding).
• Net shares retained by insider from this award: 170 shares.
• Footnotes: F1 = 362 performance shares earned; F3 = shares retained to satisfy the reporting person's withholding tax obligation relating to these performance shares and vesting of previously awarded restricted shares. F2 = not applicable.
• Shares owned after the transaction: not specified in the provided filing.

Context

• Performance-share awards are compensation tied to company performance and tenure; withholding shares to cover taxes is a routine administrative step and does not necessarily reflect a change in the insider's investment outlook.
• Transaction code F denotes shares withheld for tax obligations rather than an open-market sale.