secwatch.observer — SEC 8-K summary
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Issuer:     CARRIER GLOBAL Corp (CARR)
CIK:        0001783180
Form:       8-K
Filed at:   2024-02-01T23:59:59+00:00
Accession:  0000950142-24-000264
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Carrier grants CEO Gitlin supplemental award: 446K PSUs, 1.73M SARs at $56.33
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1783180/000095014224000264/0000950142-24-000264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1783180/000095014224000264/eh240444655_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-24-000264

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer