Thomas Heim - 13 May 2025 Form 3 Insider Report for CARRIER GLOBAL Corp (CARR)

Role
President, CSE
Signature
/s/ Erin O'Neal as Attorney-in-Fact
Issuer symbol
CARR
Transactions as of
13 May 2025
Net transactions value
$0
Form type
3
Filing time
16 May 2025, 16:54:22 UTC
Next filing
20 Jun 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Heim Thomas President, CSE 13995 PASTEUR BOULEVARD, PALM BEACH GARDENS /s/ Erin O'Neal as Attorney-in-Fact 16 May 2025 0002068212

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
holding CARR Restricted Stock Unit RSU 13 May 2025 Common Stock 13,492 Direct F1
holding CARR Restricted Stock Unit RSU 13 May 2025 Common Stock 13,493 Direct F1
holding CARR Stock Appreciation Right 13 May 2025 Common Stock 27,540 $56.33 Direct F2
holding CARR Stock Appreciation Right 13 May 2025 Common Stock 22,245 $65.21 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit (RSU), including dividend equivalents that accrue during the vesting period, represents a contingent right to receive one share of Carrier common stock following the vest date.
F2 The reporting person was also awarded 7,120 Performance Share Units (PSUs) under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of Carrier Global Corporation common stock. The PSUs vest on the third anniversary of the grant date contingent upon (a) the reporting person's continued employment and (b) Carrier's achievement of pre-established performance targets for earnings per share growth and total shareowner return relative to a subset of industrial companies in the S&P 500 index over a three-year time period.
F3 The reporting person was also awarded 6,090 Performance Share Units (PSUs) under the Carrier Global Corporation 2020 Long-Term Incentive Plan. Each PSU represents a contingent right to receive one share of Carrier Global Corporation common stock. The PSUs vest on the third anniversary of the grant date contingent upon (a) the reporting person's continued employment and (b) Carrier's achievement of pre-established performance targets for earnings per share growth and total shareowner return relative to a subset of industrial companies in the S&P 500 index over a three-year time period.

Remarks:

President, Climate Solutions Europe (CSE) \\ Exhibit 24.1 - Power of Attorney