Carrier Global Corp officer Gaurang Pandya filed a Form 4 on November 3, 2026, disclosing the vesting of 62,716 restricted stock units, a related tax withholding disposition, and a new RSU award granted on November 2, 2026.

Key Highlights

  • RSU vesting: 62,716 restricted stock units vested on November 1, 2026, converting to common stock on a one-for-one basis at $0.0000 cost to the reporting person.
  • Tax withholding disposition: 27,345 shares were disposed of on November 1, 2026, at $53.63 per share to satisfy tax obligations (transaction code F).
  • Post-transaction ownership: Following both transactions, Pandya directly held 85,261 shares of common stock.
  • New RSU grant: 72,505 RSUs were awarded on November 2, 2026, with a vesting expiration date of November 2, 2029, contingent on continued employment.
  • Role: Pandya is identified in the filing as President, CHVAC Americas at Carrier Global Corp (NYSE:CARR).
  • Original grant date: The vested RSUs were originally granted on November 1, 2023, and fully vested on the transaction date.

Pandya's RSU Activity: November 2026 Vesting and Forward Award

According to the filing, Gaurang Pandya, President CHVAC Americas at Carrier Global Corp, reported two distinct sets of transactions on November 1 and November 2, 2026. On November 1, 62,716 RSUs originally granted on November 1, 2023, fully vested and were acquired as common stock via transaction code M at a price of $0.0000. The filing notes that RSUs convert into common stock on a one-for-one basis and include the right to receive dividend equivalents credited as additional RSUs.

Also on November 1, 2026, 27,345 shares were disposed of under transaction code F at a price of $53.63 per share. This type of transaction typically reflects shares withheld to cover tax obligations upon vesting, as indicated by the F code designation in the filing. After both transactions, Pandya's direct beneficial ownership stood at 85,261 shares of common stock, according to the filing.

On November 2, 2026, Pandya received a new grant of 72,505 RSUs, acquired under transaction code A at $0.0000. The filing states that these RSUs, including dividend equivalents that accrue during the vesting period, each represent a contingent right to receive one share of Carrier common stock, and vest contingent upon Pandya's continued employment at the conclusion of the vesting period, which expires November 2, 2029. Following this grant, Pandya held 72,505 derivative securities in this new RSU tranche. The Form 4 was signed by Erin O'Neal as Attorney-in-Fact and filed on November 3, 2026.

What Was Disclosed

The filing disclosed the full vesting of a November 2023 RSU grant into 62,716 shares, the withholding of 27,345 shares at $53.63, and a new 72,505-RSU award granted November 2, 2026, vesting through November 2, 2029.