January 2, 2024 · Form 4 insider transaction
Viessmann Maximilian bought 1,647.476 shares of Carrier Global Corporation at $56.45 per share, a transaction worth $93.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
The reporting person acquired these stock units under the Carrier Global Corporation Board of Directors Deferred Stock Unit Plan (the "Plan") in connection with the reporting person's annual compensation for service as a non-employee director of the Issuer. The Plan provides for payment of a portion or all of the annual compensation in Deferred Stock Units (DSUs). Upon resignation, removal, or retirement from the board of directors of the Issuer, the DSUs in the director's account under the Plan, including accrued dividend equivalents, are converted into an equal number of shares of Common Stock that, at the director's previous election, are distributed either in a lump-sum or in installments.