Timothy N. White - 01 Sep 2023 Form 4 Insider Report for CARRIER GLOBAL Corp (CARR)

Role: President, Refrigeration
Signature: /s/ Erin O'Neal as Attorney-in-Fact
Issuer symbol: CARR
Transactions as of: 01 Sep 2023
Net transactions value: -$210,438
Form type: 4
Filing time: 05 Sep 2023, 16:15:47 UTC
Previous filing: 03 Feb 2023
Next filing: 01 Feb 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CARR	Common Stock	Options Exercise	$0	+10,611	+167%	$0.000000	16,949	01 Sep 2023	Direct	F1
transaction	CARR	Common Stock	Tax liability	$210,438	-3,632	-21%	$57.94	13,317	01 Sep 2023	Direct

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	Restricted Stock Unit RSU	Options Exercise	$0	-10,611	-100%	$0.000000^*	0	01 Sep 2023	Common Stock	10,611		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units (RSU) convert into common stock on a one-for-one basis. RSUs include the right to receive dividend equivalents that are credited as additional RSUs.
F2	On September 1, 2021, the reporting person was granted RSUs. These RSUs fully vested on the Transaction Date.