Nadia Villeneuve - Feb 3, 2025 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role: Senior VP & CHRO
Signature: /s/ Erin O'Neal as Attorney-in-Fact
Stock symbol: CARR
Transactions as of: Feb 3, 2025
Transactions value $: -$433,398
Form type: 4
Date filed: 2/5/2025, 06:24 PM
Previous filing: May 14, 2024
Next filing: Feb 10, 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	+23K	+27.02%	$0.00	108K	Feb 3, 2025	Direct	F1
transaction	CARR	Common Stock	Tax liability	-$433K	-6.86K	-6.35%	$63.15	101K	Feb 3, 2025	Direct

* 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.