other material
confidence high
sentiment neutral
materiality 0.55
Carrier grants CEO Gitlin supplemental award: 446K PSUs, 1.73M SARs at $56.33
CARRIER GLOBAL Corp
- Supplemental award: 446,110 PSUs (target) tied to adjusted EPS growth 2024-2026; payout 0-200%.
- 1,725,330 SARs with exercise price $56.33, cliff vest after five years (2029).
- PSUs vest in three equal annual installments 2027-2029; both require continuous employment.
- Aims to retain Gitlin through portfolio transformation including Viessmann acquisition and divestitures.
- Annual 2024 equity award also granted in PSUs (relative TSR) and SARs with three-year vesting.