David L. Gitlin - 03 Feb 2025 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role: Chairman and CEO, Director
Signature: /s/ Erin O'Neal as Attorney-in-Fact
Issuer symbol: CARR
Transactions as of: 03 Feb 2025
Net transactions value: -$3,788,684
Form type: 4
Filing time: 05 Feb 2025, 18:19:26 UTC
Previous filing: 06 Jan 2025
Next filing: 10 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CARR	Common Stock	Award	$0	+152,361	+36%	$0.000000	575,169	03 Feb 2025	Direct	F1
transaction	CARR	Common Stock	Tax liability	$3,788,684	-59,995	-10%	$63.15	515,174	03 Feb 2025	Direct
holding	CARR	Common Stock						176,397	03 Feb 2025	By Family Trust
holding	CARR	Common Stock						102,374	03 Feb 2025	By Spouse's Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The acquistion of shares of Carrier common stock represents the vesting of performance share units (PSUs) previously awarded on February 2, 2022 to the reporting person under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU has a value equal to one share of Carrier Global Corporation common stock. These PSUs vested upon the achievement of the pre-established performance targets for earnings per share growth and total shareholder return relative to a subset of industrial companies in the S&P 500 index over a three-year time period.

Content

The acquistion of shares of Carrier common stock represents the vesting of performance share units (PSUs) previously awarded on February 2, 2022 to the reporting person under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU has a value equal to one share of Carrier Global Corporation common stock. These PSUs vested upon the achievement of the pre-established performance targets for earnings per share growth and total shareholder return relative to a subset of industrial companies in the S&P 500 index over a three-year time period.