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Companies Carlisle Companies

Carlisle Companies (CSL): executive pay, fiscal 2025

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CEO total pay$11,359,438CEO D. Christian Koch · source
Say-on-pay support87.23%Latest vote · source
CEO pay ratio92:1To the median employee · source

CEO pay, last three years

  • $11,029,086FY2023
  • $14,236,352FY2024
  • $11,359,438FY2025

CEO total pay was $11,359,438 in fiscal 2025, down from $14,236,352 in fiscal 2024.

FY2025: salary $1,493,000 · bonus $0 · stock awards $6,376,929 · option awards $2,612,603

Executives and directors

Frequently asked questions

Who was the highest-paid executive at Carlisle Companies in fiscal 2025?
As disclosed, D. Christian Koch (Chair, President and Chief Executive Officer) was the highest-paid executive at Carlisle Companies in fiscal 2025, with total compensation of $11,359,438.
What is Carlisle Companies's CEO-to-median employee pay ratio?
As disclosed, Carlisle Companies's CEO-to-median employee pay ratio was 92:1.
How did shareholders vote on Carlisle Companies's executive compensation?
As disclosed, 87.23% of shareholders supported Carlisle Companies's executive compensation in the latest say-on-pay vote.
How much does Carlisle Companies spend in total on board compensation for fiscal 2025?
As disclosed, Carlisle Companies reported total board compensation of $2,342,372 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

Full detail

Every table from the filing. Open any section.

Summary compensation table
Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
D. Christian Koch$1,493,000$0$6,376,929$2,612,603$0$402,081$474,825$11,359,438
Chair, President and Chief Executive Officer
Kevin P. Zdimal752,00001,226,147501,1700222,713122,9702,825,000
Vice President and Chief Financial Officer
Scott C. Selbach582,66701,397,95100144,111182,0682,306,797
Executive Vice President, Government Relations & Secretary
Stephen F. Schwar675,0000825,477337,6720179,41199,6532,117,213
Vice Chair, CCM
Frank J. Ready652,0000796,513325,87393,90029,93432,2271,930,447
President, CWT

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
D. Christian Koch$11,359,438$14,236,352$11,029,086↓ −2,876,914
Kevin P. Zdimal2,825,0003,493,7573,548,865↓ −668,757
Scott C. Selbach2,306,7973,252,5412,360,425↓ −945,744
Stephen F. Schwar2,117,2132,739,397—↓ −622,184
Frank J. Ready1,930,4471,941,1492,150,809↓ −10,702

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

Incentive-plan design — the Compensation Discussion & Analysis

The Company's executive compensation policies link pay and performance, align the interests of executives and stockholders, are transparent and easy to communicate, and provide a valuable retention tool for key executive talent.

CEO STI target (% of salary)130%
CEO LTI target (% of salary)—
Independent consultantWillis Towers Watson
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Frank J. ReadyOPTION2025-01-28——2,900—$325,873
D. Christian KochPSU2025-01-283,3036,605—13,2103,764,916
Stephen F. SchwarOPTION2025-01-28——3,005—337,672
Scott C. SelbachRSU2025-01-28——3,535—1,397,951
Scott C. SelbachOPTION2025-01-28————0
Scott C. SelbachPSU2025-01-28————0
Stephen F. SchwarRSU2025-01-28——855—338,118
Frank J. ReadyPSU2025-01-28413825—1,650470,258
Kevin P. ZdimalRSU2025-01-28——1,270—502,234
D. Christian KochOPTION2025-01-28——23,250—2,612,603
D. Christian KochRSU2025-01-28——6,605—2,612,013
Kevin P. ZdimalPSU2025-01-286351,270—2,540723,913
Frank J. ReadyRSU2025-01-28——825—326,255
Stephen F. SchwarPSU2025-01-28428855—1,710487,359
Kevin P. ZdimalOPTION2025-01-28——4,460—501,170

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Frank J. Ready$326,255$470,258$325,87341.9%
D. Christian Koch2,612,0133,764,9162,612,60341.9%
Stephen F. Schwar338,118487,359337,67241.9%
Scott C. Selbach1,397,951000.0%
Kevin P. Zdimal502,234723,913501,17041.9%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Stephen F. SchwarOption1,333250.86—
Frank J. ReadyOption1,338250.86—
Kevin P. ZdimalOption1,948250.86—
Stephen F. SchwarOption2,133320.38—
Frank J. ReadyOption2,183320.38—
Frank J. ReadyOption2,900395.46—
Frank J. ReadyRSU3,005—961,179
Stephen F. SchwarRSU3,005—961,179
Stephen F. SchwarOption3,005395.46—
Kevin P. ZdimalOption3,177320.38—
Stephen F. SchwarPSU4,195—1,341,813
Frank J. ReadyPSU4,200—1,343,412
Kevin P. ZdimalRSU4,440—1,420,178
Kevin P. ZdimalOption4,460395.46—
D. Christian KochOption10,928250.86—
Kevin P. ZdimalPSU11,400—3,646,404
Scott C. SelbachRSU12,970—4,148,584
D. Christian KochOption17,480320.38—
D. Christian KochOption23,250395.46—
D. Christian KochRSU24,245—7,755,006
D. Christian KochPSU34,010—10,878,439
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Sheryl D. PalmerIndependent · Audit Committee · Corporate Governance and Nominating Committee$125,000$218,750$0$0$1,945$345,695
C. David MyersIndependent · Audit Committee (Chair) · Corporate Governance and Nominating Committee150,000175,000001,929326,929
James D. FriasIndependent · Lead Independent Director · Compensation Committee · Corporate Governance and Nominating Committee (Chair)147,500175,000001,929324,429
Corrine D. RicardIndependent · Compensation Committee · Corporate Governance and Nominating Committee135,000175,000001,929311,929
Jesse G. SinghIndependent · Audit Committee · Compensation Committee (Chair)135,000175,000001,929311,929
Jonathan R. CollinsIndependent · Compensation Committee · Corporate Governance and Nominating Committee125,000175,000001,929301,929
Maia A. HansenIndependent · Audit Committee · Compensation Committee125,000175,000001,929301,929
Robin J. AdamsIndependent53,75000045154,201
Gregg A. OstranderIndependent31,25000045131,704
Robert G. BohnIndependent31,25000045131,701
D. Christian KochEmployee director · Board Chair—————0

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$175,000
Per board meeting fee$0
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 45,000
Stock ownership guideline$625,000

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,058,750
Equity awards (grant-date value)$1,268,750
All other compensation$14,872
Total cost of the board$2,342,372

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names Carlisle Companies as a peer

Companies that benchmark against CSL

25 companies name CSL as a compensation peer

Each company listed discloses CSL in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CSL in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Carlisle Companies2025D. Christian Koch$1,493,000$6,376,929$2,612,603$0$11,359,438

Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-2830,209,0634,331,23192,69487.23%Passed
20252025-04-3028,733,7508,603,71385,17776.96%Passed
20242024-05-0136,594,4374,919,005129,59888.15%Passed
20232023-05-0338,814,9325,549,947124,22187.25%Passed
20222022-05-0344,652,9433,739,670252,71191.79%Passed
20212021-05-0542,267,1163,825,240627,89790.47%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.

Say-on-pay — history, company’s computation

Meeting yearMeeting dateApproval — company’s computation
20262026-04-2887.23%a
20252025-04-3076.96%b
20242024-05-0188.15%c

a. Approved under the standard stated in the filing — “Abstentions will be counted as votes present or represented and entitled to vote on these proposals and will therefore have the same effect as votes "against" these proposals, and broker non-votes will not be considered entitled to vote on these proposals and will therefore have no effect on their outcome.”.

b. Approved under the standard stated in the filing — “Abstentions will be counted as votes present or represented and entitled to vote on these proposals and will therefore have the same effect as votes "against" these proposals, and broker non-votes will not be considered entitled to vote on these proposals and will therefore have no effect on their outcome.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not considered votes cast for the foregoing purpose and will therefore have no effect o sal at the Annual Meeting (meaning that of the total votes of all outstanding Shares entitled to vote, a majority of them must be voted "for" the proposal for it to be adopted).”.

Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

CEO pay ratio

Ratio (CEO : median employee)92 : 1
CEO total compensation$11,359,438
Median employee compensation$123,093
Insider trades since the proxy

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Dividend-equivalent accruals2026-09-01—89——5 insiders, 6 accrual rows
Sheryl D. PalmerDirector2026-09-10A24633081,116Derivative, Class A CommonForm 4 ↗
Jesse G. SinghDirector2026-09-10D4,0703301,342,042Derivative, Class A CommonForm 4 ↗
Jesse G. SinghDirector2026-09-10A4,070——CommonForm 4 ↗
Corrine D. RicardDirector2026-09-10A19733064,959CommonForm 4 ↗
James D. FriasDirector2026-09-10A19733064,959CommonForm 4 ↗
Jesse G. SinghDirector2026-09-10D50500CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 12 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Jesse G. SinghDirector2026-09-01A13$0$0Derivative, Class A CommonForm 4 ↗
Corrine D. RicardDirector2026-09-01A2600Derivative, Class A CommonForm 4 ↗
James D. FriasDirector2026-09-01A3200Derivative, Class A CommonForm 4 ↗
Sheryl D. PalmerDirector2026-09-01A100Derivative, Class A CommonForm 4 ↗
Jesse G. SinghDirector2026-09-01A1600Derivative, Class A CommonForm 4 ↗
Maia A. HansenDirector2026-09-01A100Derivative, Class A CommonForm 4 ↗
Sheryl D. PalmerDirector2026-09-10A24633081,116Derivative, Class A CommonForm 4 ↗
Jesse G. SinghDirector2026-09-10D4,0703301,342,042Derivative, Class A CommonForm 4 ↗
Jesse G. SinghDirector2026-09-10A4,070——CommonForm 4 ↗
Corrine D. RicardDirector2026-09-10A19733064,959CommonForm 4 ↗
James D. FriasDirector2026-09-10A19733064,959CommonForm 4 ↗
Jesse G. SinghDirector2026-09-10D50500CommonForm 4 ↗
Sources (51 citations)

Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.

  • Section 01, D. Christian Koch. DEF 14A, filed 2026-03-17. Section “Summary Compensation Table” · page 36. As printed: 11,359,438. View filing ↗
  • Section 01, Kevin P. Zdimal. DEF 14A, filed 2026-03-17. Section “Summary Compensation Table”. As printed: 2,825,000. View filing ↗
  • Section 01, Scott C. Selbach. DEF 14A, filed 2026-03-17. Section “Summary Compensation Table”. As printed: 2,306,797. View filing ↗
  • Section 01, Stephen F. Schwar. DEF 14A, filed 2026-03-17. Section “Summary Compensation Table”. As printed: 2,117,213. View filing ↗
  • Section 01, Frank J. Ready. DEF 14A, filed 2026-03-17. Section “Summary Compensation Table”. As printed: 1,930,447. View filing ↗
  • Section 03, Frank J. Ready OPTION. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, D. Christian Koch PSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Stephen F. Schwar OPTION. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Scott C. Selbach RSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Scott C. Selbach OPTION. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Scott C. Selbach PSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Stephen F. Schwar RSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Frank J. Ready PSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kevin P. Zdimal RSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, D. Christian Koch OPTION. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, D. Christian Koch RSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kevin P. Zdimal PSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Frank J. Ready RSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Stephen F. Schwar PSU. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 03, Kevin P. Zdimal OPTION. DEF 14A, filed 2026-03-17. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-03-17. Section “CEO Pay Ratio”. As printed: 92 : 1. View filing ↗
  • Section 08, Sheryl D. Palmer. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 345,695. View filing ↗
  • Section 08, C. David Myers. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 326,929. View filing ↗
  • Section 08, James D. Frias. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 324,429. View filing ↗
  • Section 08, Corrine D. Ricard. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 311,929. View filing ↗
  • Section 08, Jesse G. Singh. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 311,929. View filing ↗
  • Section 08, Jonathan R. Collins. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 301,929. View filing ↗
  • Section 08, Maia A. Hansen. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 301,929. View filing ↗
  • Section 08, Robin J. Adams. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 54,201. View filing ↗
  • Section 08, Gregg A. Ostrander. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 31,704. View filing ↗
  • Section 08, Robert G. Bohn. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 31,701. View filing ↗
  • Section 08, D. Christian Koch. DEF 14A, filed 2026-03-17. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 02, Jesse G. Singh 2026-09-01. Form 4, filed 2026-09-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Corrine D. Ricard 2026-09-01. Form 4, filed 2026-09-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, James D. Frias 2026-09-01. Form 4, filed 2026-09-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Sheryl D. Palmer 2026-09-01. Form 4, filed 2026-09-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jesse G. Singh 2026-09-01. Form 4, filed 2026-09-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Maia A. Hansen 2026-09-01. Form 4, filed 2026-09-02. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Sheryl D. Palmer 2026-09-10. Form 4, filed 2026-09-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jesse G. Singh 2026-09-10. Form 4, filed 2026-09-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jesse G. Singh 2026-09-10. Form 4, filed 2026-09-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Corrine D. Ricard 2026-09-10. Form 4, filed 2026-09-10. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, James D. Frias 2026-09-10. Form 4, filed 2026-09-10. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 02, Jesse G. Singh 2026-09-10. Form 4, filed 2026-09-11. Insider equity transaction reported since the proxy statement. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-04-30. Item 5.07 · say-on-pay result. As reported: 87.23% (votes for as printed: 30,209,063). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-01. Item 5.07 · say-on-pay result. As reported: 76.96% (votes for as printed: 28,733,750). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-01. Item 5.07 · say-on-pay result. As reported: 88.15% (votes for as printed: 36,594,437). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 1,058,750 + equity 1,268,750 + all other 14,872 = 2,342,372, summed across the director compensation table rows.
  • Carlisle Companies (subject), Section 10b CEO total. DEF 14A, filed 2026-03-17. CEO total compensation as printed in Carlisle Companies's own proxy. As printed: 11,359,438. View filing ↗
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