Carlisle Companies (CSL) director gains 20 fully vested RSUs from dividend
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carlisle Companies Inc. director Corrine D. Ricard acquired 20 restricted stock units (RSUs) as a grant classified as a “grant, award, or other acquisition.” These additional RSUs arose from the company’s quarterly dividend and bring her directly held RSU balance to 7,098 units.
The RSUs were fully vested on the grant date. Under the award terms, the underlying common shares will be delivered to Ricard when her service as a director ends. Each RSU represents the right to receive one share of Carlisle common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ricard Corrine D.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 20 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 7,098 shares (Direct)
Footnotes (1)
- Represents additional restricted stock units acquired as a result of the quarterly dividend declared and paid by the issuer. Each restricted stock unit represents a right to receive one share of the issuer's common stock. The restricted stock units were fully vested on the date of grant and the vested shares will be delivered to the reporting person upon the reporting person's termination of service as a director of the issuer.
FAQ
What insider transaction did Carlisle Companies (CSL) report for Corrine D. Ricard?
Carlisle Companies reported that director Corrine D. Ricard acquired 20 restricted stock units. The acquisition is classified as a grant or award, increasing her directly held RSU balance to 7,098 units, each representing the right to receive one share of Carlisle common stock.
How many restricted stock units does Corrine D. Ricard now hold at Carlisle (CSL)?
After the latest grant, Corrine D. Ricard holds 7,098 restricted stock units. This includes 20 additional RSUs credited as a result of Carlisle’s quarterly dividend, with each RSU corresponding to one share of the company’s common stock when ultimately delivered.
Why did Corrine D. Ricard receive 20 additional RSUs from Carlisle Companies (CSL)?
She received 20 additional restricted stock units as a result of Carlisle’s quarterly dividend. The dividend caused an automatic crediting of extra RSUs under the plan, providing her with more units that mirror the economic effect of cash dividends on her existing equity awards.
Are the newly granted Carlisle (CSL) restricted stock units to Corrine D. Ricard vested?
Yes, the restricted stock units granted to Corrine D. Ricard are fully vested on the grant date. While they vest immediately, the corresponding shares of Carlisle common stock will only be delivered after her service as a director has ended, according to the award terms.