Michael Todman - Apr 20, 2023 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role: Director
Signature: /s/ William Langston as Attorney-in-Fact
Stock symbol: CARR
Transactions as of: Apr 20, 2023
Transactions value $: $207,000
Form type: 4
Date filed: 4/21/2023, 04:19 PM
Previous filing: Mar 20, 2023
Next filing: May 11, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CARR	Director DSU	+Grant/Award	$207,000	+4,561	+22.52%	$45.38	24,817	Apr 20, 2023	Common Stock	4,561		Direct	F1

Explanation of Responses:

Id	Content
F1	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. 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, the DSUs in the director's account under the Plan, including accrued dividend equivalents, are converted into an equal number of shares of Carrier common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.

Content

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. 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, the DSUs in the director's account under the Plan, including accrued dividend equivalents, are converted into an equal number of shares of Carrier common stock that, at the director's previous election, are distributed either in a lump-sum or in installments.