Companies Carrier Global Corp
Carrier Global (CARR): executive pay, fiscal 2025
Free brief. Every figure links to the company’s own filing.
Velarion Intel: free for 3 days, no card →Email me Carrier Global Corp’s executive pay brief as a PDF
You get it on this page the moment you ask, and a copy by email. Every figure is cited to its filing.
After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.
CEO vs. named peers20th pct.Of 15 peer CEOs
CEO pay, last three years
- $17,695,200FY2023
- $65,734,245FY2024
- $14,962,913FY2025
CEO total pay was $14,962,913 in fiscal 2025, down from $65,734,245 in fiscal 2024.
FY2025: salary $1,500,000 · bonus $0 · stock awards $5,634,548 · option awards $5,747,165
Executives and directors
David Gitlin · CEOGaurang Pandya · EVPMichael Gierges · EVPPatrick Goris · EVPEdward Dryden · EVPAmy E. Miles · Independent DirectorCharles M. Holley Jr · Independent DirectorJean-Pierre Garnier · Independent DirectorJohn J. Greisch · Lead Independent DirectorMax Viessmann · Independent DirectorMichael A. Todman · Independent DirectorMichael M. McNamara · Independent DirectorSusan N. Story · Independent DirectorVirginia M. Wilson · Independent Director
Frequently asked questions
Who was the highest-paid executive at Carrier Global Corp in fiscal 2025?
As disclosed, David Gitlin (Chairman & Chief Executive Officer) was the highest-paid executive at Carrier Global Corp in fiscal 2025, with total compensation of $14,962,913.
How does Carrier Global Corp's chief executive pay compare to its disclosed peer group?
As disclosed, David Gitlin's total compensation ranked at the 20th percentile of Carrier Global Corp's disclosed peer group.
What is Carrier Global Corp's CEO-to-median employee pay ratio?
As disclosed, Carrier Global Corp's CEO-to-median employee pay ratio was 319:1.
How did shareholders vote on Carrier Global Corp's executive compensation?
As disclosed, 91.71% of shareholders supported Carrier Global Corp's executive compensation in the latest say-on-pay vote.
How much does Carrier Global Corp spend in total on board compensation for fiscal 2025?
As disclosed, Carrier Global Corp reported total board compensation of $3,449,667 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 officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| David Gitlin | $1,500,000 | $0 | $5,634,548 | $5,747,165 | $1,023,750 | $237,661 | $819,789 | $14,962,913 |
| Chairman & Chief Executive Officer | ||||||||
| Michael Gierges | 530,303 | 1,610,000 | 1,788,273 | 1,804,119 | 346,500 | 0 | 980,626 | 7,059,821 |
| President, Climate Solutions Asia Pacific, Middle East & Africa | ||||||||
| Patrick Goris | 887,500 | 0 | 1,704,746 | 1,738,679 | 351,000 | 0 | 206,362 | 4,888,287 |
| Executive Vice President, Chief Financial & Strategy Officer | ||||||||
| Gaurang Pandya | 737,500 | 0 | 1,171,973 | 1,195,325 | 202,500 | 0 | 128,107 | 3,435,405 |
| President, Climate Solutions Americas | ||||||||
| Edward Dryden | 672,500 | 0 | 1,002,905 | 1,022,984 | 416,160 | 0 | 111,846 | 3,226,395 |
| President, Climate Solutions Transportation | ||||||||
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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| David Gitlin | $14,962,913 | $65,734,245 | $17,695,200 | ↓ −50,771,332 |
| Michael Gierges | 7,059,821 | — | — | — |
| Patrick Goris | 4,888,287 | 9,819,676 | 7,508,541 | ↓ −4,931,389 |
| Gaurang Pandya | 3,435,405 | 3,681,283 | — | ↓ −245,878 |
| Edward Dryden | 3,226,395 | — | — | — |
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 overall objective of the compensation program is to encourage and reward the creation of sustainable, long-term shareowner value. The current elements of the executive compensation program directly align the interests of the executives and shareowners, are competitive, motivate achievement of short- and long-term financial goals and strategic objectives, and align realized pay with performance.
| CEO STI target (% of salary) | 175% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pearl Meyer |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Patrick Goris | OPTION | 2025-02-06 | — | — | 97,405 | — | $1,738,679 |
| Michael Gierges | OPTION | 2025-04-01 | — | — | 46,210 | — | 804,054 |
| Michael Gierges | PSU | 2025-04-01 | 1,582 | 12,655 | — | 25,310 | 788,153 |
| Michael Gierges | OPTION | 2025-04-01 | — | — | 57,475 | — | 1,000,065 |
| David Gitlin | OPTION | 2025-02-06 | — | — | 321,970 | — | 5,747,165 |
| Patrick Goris | PSU | 2025-02-06 | 3,334 | 26,670 | — | 53,340 | 1,704,746 |
| Edward Dryden | PSU | 2025-02-06 | 1,962 | 15,690 | — | 31,380 | 1,002,905 |
| David Gitlin | PSU | 2025-02-06 | 11,019 | 88,150 | — | 176,300 | 5,634,548 |
| Gaurang Pandya | OPTION | 2025-02-06 | — | — | 66,965 | — | 1,195,325 |
| Edward Dryden | OPTION | 2025-02-06 | — | — | 57,310 | — | 1,022,984 |
| Michael Gierges | RSU | 2025-04-01 | — | — | 15,740 | — | 1,000,120 |
| Gaurang Pandya | PSU | 2025-02-06 | 2,292 | 18,335 | — | 36,670 | 1,171,973 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Patrick Goris | $0 | $1,704,746 | $1,738,679 | 49.5% |
| Michael Gierges | 1,000,120 | 788,153 | 1,804,119 | 21.9% |
| David Gitlin | 0 | 5,634,548 | 5,747,165 | 49.5% |
| Edward Dryden | 0 | 1,002,905 | 1,022,984 | 49.5% |
| Gaurang Pandya | 0 | 1,171,973 | 1,195,325 | 49.5% |
% 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
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Gaurang Pandya | PSU | 5,705 | — | $301,452 |
| Michael Gierges | PSU | 12,655 | — | 668,690 |
| Edward Dryden | PSU | 13,696 | — | 723,697 |
| Edward Dryden | PSU | 15,690 | — | 829,060 |
| Michael Gierges | PSU | 15,911 | — | 840,737 |
| Edward Dryden | RSU | 16,435 | — | 868,425 |
| Gaurang Pandya | PSU | 18,335 | — | 968,821 |
| Gaurang Pandya | PSU | 19,365 | — | 1,023,247 |
| Patrick Goris | PSU | 26,670 | — | 1,409,243 |
| Patrick Goris | PSU | 29,980 | — | 1,584,143 |
| Gaurang Pandya | Option | 31,790 | 46.14 | — |
| Patrick Goris | PSU | 40,750 | — | 2,153,230 |
| Patrick Goris | PSU | 44,615 | — | 2,357,457 |
| Michael Gierges | Option | 46,210 | 63.54 | — |
| Gaurang Pandya | RSU | 50,430 | — | 2,664,721 |
| Edward Dryden | Option | 52,414 | 61.9 | — |
| Edward Dryden | Option | 57,310 | 65.21 | — |
| Michael Gierges | Option | 57,475 | 63.54 | — |
| Gaurang Pandya | RSU | 62,015 | — | 3,276,873 |
| Gaurang Pandya | Option | 66,965 | 65.21 | — |
| Gaurang Pandya | Option | 74,880 | 56.33 | — |
| Patrick Goris | Option | 77,295 | 56.33 | — |
| David Gitlin | PSU | 88,150 | — | 4,657,846 |
| David Gitlin | PSU | 90,872 | — | 4,801,676 |
| Patrick Goris | Option | 97,405 | 65.21 | — |
| David Gitlin | RSU | 104,042 | — | 5,497,579 |
| David Gitlin | PSU | 119,380 | — | 6,308,039 |
| Patrick Goris | Option | 172,535 | 56.33 | — |
| Patrick Goris | Option | 227,070 | 46.14 | — |
| David Gitlin | Option | 307,800 | 56.33 | — |
| David Gitlin | Option | 321,970 | 65.21 | — |
| David Gitlin | PSU | 446,110 | — | 23,572,452 |
| David Gitlin | Option | 506,360 | 46.14 | — |
| David Gitlin | Option | 1,725,330 | 56.33 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Amy E. MilesIndependent · Audit · Partial-year service · Newly elected | $221,000 | $301,500 | $0 | — | $26,019 | $548,519 |
| Virginia M. WilsonIndependent · Governance (Chair) · Audit | 168,000 | 222,000 | 0 | — | 26,105 | 416,105 |
| John J. GreischIndependent · Lead Independent Director · Compensation · Technology & Innovation | 16,000 | 369,000 | 0 | — | 3,453 | 388,453 |
| Michael A. TodmanIndependent · Compensation (Chair) · Technology & Innovation | 162,000 | 213,000 | 0 | — | 1,276 | 376,276 |
| Charles M. Holley JrIndependent · Audit (Chair) · Governance | 144,000 | 216,000 | 0 | — | 6,809 | 366,809 |
| Michael M. McNamaraIndependent · Governance · Technology & Innovation (Chair) | 142,000 | 213,000 | 0 | — | 1,276 | 356,276 |
| Susan N. StoryIndependent · Audit · Compensation | 6,000 | 334,000 | 0 | — | 5,125 | 345,125 |
| Jean-Pierre GarnierIndependent · Compensation · Technology & Innovation | 130,000 | 195,000 | 0 | — | 1,276 | 326,276 |
| Max ViessmannIndependent · Technology & Innovation | 130,000 | 195,000 | 0 | — | 828 | 325,828 |
| David L. GitlinEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $130,000 |
|---|---|
| Annual equity retainer | $195,000 |
| Per board meeting fee | $5,000 |
| Committee chair fees (audit / comp / nom-gov) | 35,000 / 30,000 / 30,000 |
| Stock ownership guideline | 5x base annual cash retainer ($650,000) |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $1,119,000 |
| Equity awards (grant-date value) | $2,258,500 |
| All other compensation | $72,167 |
| Total cost of the board | $3,449,667 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Carrier Global as a peer
Companies that benchmark against CARR
21 companies name CARR as a compensation peer
The list of companies that name CARR as a peer is temporarily unavailable — recheck shortly.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
ETN Eaton Corporation plcSWK Stanley Black & Decker, Inc.TEL TE Connectivity Ltd.EMR Emerson Electric Co.ITW Illinois Tool Works Inc.TT Trane Technologies plcJCI Johnson Controls International plcMMM 3M Co.CAT Caterpillar Inc.CMI Cummins Inc.DE Deere & CompanyHON Honeywell International Inc.OTIS Otis Worldwide CorporationPH Parker Hannifin CorporationWHR Whirlpool Corporation
Peer reciprocity
Of the companies Carrier Global Corp names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
✓ Eaton Corporation plc (ETN)74✓ Stanley Black & Decker, Inc. (SWK)75✓ TE Connectivity Ltd. (TEL)76✓ Emerson Electric Co. (EMR)77— Illinois Tool Works Inc. (ITW)78✓ Trane Technologies plc (TT)79✓ Johnson Controls International plc (JCI)80✓ 3M Co. (MMM)81— Caterpillar Inc. (CAT)82— Cummins Inc. (CMI)83✓ Deere & Company (DE)84— Honeywell International Inc. (HON)85✓ Otis Worldwide Corporation (OTIS)86— Parker Hannifin Corporation (PH)87✓ Whirlpool Corporation (WHR)88
Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including Carrier Global Corp.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Deere & Company | 2025 | John May | $1,694,507 | $13,950,239 | $4,255,133 | $5,450,551 | $27,925,424 |
| 2 | Trane Technologies plc | 2025 | David Regnery | 1,512,500 | 8,900,397 | 5,700,010 | 2,831,173 | 27,262,157 |
| 3 | Parker Hannifin Corporation | 2026 | Jennifer Parmentier | 1,537,500 | 7,586,898 | 7,841,940 | 4,539,822 | 22,761,169 |
| 4 | Emerson Electric Co. | 2025 | Lal Karsanbhai | 1,537,500 | 15,413,325 | 0 | 3,728,525 | 21,240,262 |
| 5 | 3M Co. | 2025 | William Brown | 1,800,000 | 7,753,852 | 7,001,242 | 3,745,322 | 21,005,009 |
| 6 | Honeywell International Inc. | 2025 | Vimal Kapur | 1,600,000 | 10,866,269 | 3,623,914 | 3,516,800 | 20,381,435 |
| 7 | Johnson Controls International plc | 2025 | Joakim Weidemanis | 825,000 | 12,849,088 | 3,749,993 | 2,357,247 | 19,963,827 |
| 8 | Cummins Inc. | 2025 | Jennifer Rumsey | 1,533,750 | 6,429,004 | 0 | 6,975,656 | 19,905,532 |
| 9 | TE Connectivity Ltd. | 2025 | Terrence Curtin | 1,397,125 | 6,612,738 | 6,669,444 | 3,243,801 | 18,325,536 |
| 10 | Caterpillar Inc. | 2025 | Joseph Creed | 1,381,892 | 9,538,484 | 3,101,117 | 2,476,800 | 17,008,077 |
| 11 | Otis Worldwide Corporation | 2025 | Judith Marks | 1,400,000 | 13,182,895 | 0 | 1,965,600 | 16,977,877 |
| 12 | Illinois Tool Works Inc. | 2025 | Christopher A. O'Herlihy | 1,337,271 | 5,249,957 | 5,249,996 | 2,702,389 | 15,211,011 |
| 13 | Carrier Global Corp | 2025 | David Gitlin | 1,500,000 | 5,634,548 | 5,747,165 | 1,023,750 | 14,962,913 |
| 14 | Whirlpool Corporation | 2025 | Marc Bitzer | 1,355,000 | 9,449,861 | 0 | 1,084,000 | 12,773,816 |
| 15 | Eaton Corporation plc | 2025 | Paulo Ruiz | 1,087,116 | 4,140,314 | 1,384,695 | 1,155,000 | 7,923,677 |
| 16 | Stanley Black & Decker, Inc. | 2025 | Christopher Nelson | 997,462 | 3,964,699 | 1,321,569 | 929,055 | 7,656,246 |
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.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Carrier Global Corp | 39% | SARs 50 · PSU 50 | Yes — Total Shareholder Return ( TSR ) relative to a subset of the S&P 500 Industrials Index ( Relative TSR ) | Pearl Meyer |
| 3M Co. | 118.9% | PSU 50 · Options 50 | No | FW Cook |
| Caterpillar Inc. | 118% | PSU 50 · RSU 25 · Options 25 | Yes — relative Total Shareholder Return (rTSR) | Meridian Compensation Partners, LLC |
| Cummins Inc. | 90% | PSU 70 · Cash LTI 30 | No | Farient |
| Deere & Company | 160.8% | PSU 50 · RSU 25 · Options 25 | No | Semler Brossy Consulting Group, LLC (current); Pearl Meyer & Partners, LLC (prior year) |
| Eaton Corporation plc | 70% | PSU 50 · RSU 25 · Option 25 | Yes — Relative TSR | Meridian Compensation Partners |
| Emerson Electric Co. | 141.5% | PSU 55 · RSU 45 | No | Exequity |
| Honeywell International Inc. | 126% | PSU 50 · Options 25 · RSU 25 | Yes — three-year total shareowner return (TSR) relative to the 2025 Compensation Peer Group | not disclosed |
| Illinois Tool Works Inc. | not disclosed | PSU 50 · Options 50 | No | Meridian Compensation Partners LLC |
| Johnson Controls International plc | 176.6% | PSU 50 · Option 25 · RSU 25 | Yes — TSR Relative to S&P 500 Industrials | Farient Advisors LLC |
| Otis Worldwide Corporation | 77.76% | PSU 60 · RSU 40 | Yes — Relative TSR | Frederic W. Cook & Co., Inc. (FW Cook) |
| Parker Hannifin Corporation | not disclosed | LTIP Awards 50 · Stock Appreciation Rights 50 | No | Mercer Consulting |
| Stanley Black & Decker, Inc. | 72.3% | PSU 50 · RSU 25 · Options 25 | Yes — Relative TSR | Pay Governance |
| TE Connectivity Ltd. | 132.4% | PSU 50 · Options 50 | No | Pay Governance |
| Trane Technologies plc | 109.21% | PSU 50 · Options 40 · RSU 10 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| Whirlpool Corporation | 50% | PSU 70 · RSU 30 | No | FW Cook |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-15 | 654,737,091 | 58,003,980 | 1,156,816 | 91.71% | Passed |
| 2025 | 2025-04-09 | 619,115,896 | 106,886,454 | 4,133,358 | 85.28% | Passed |
| 2024 | 2024-04-18 | 450,052,923 | 318,425,751 | 1,319,602 | 58.56% | Passed |
| 2023 | 2023-04-20 | 650,872,725 | 40,181,775 | 1,584,852 | 94.19% | Passed |
| 2022 | 2022-04-14 | 653,504,376 | 40,876,693 | 1,497,704 | 94.11% | Passed |
| 2021 | 2021-04-19 | 648,702,680 | 39,089,150 | 1,400,769 | 94.32% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-04-15 | 91.71%a |
| 2025 | 2025-04-09 | 85.28%b |
| 2024 | 2024-04-18 | 58.56%c |
a. Approved under the standard stated in the filing — “Advisory Vote to Approve Named Executive Officer Compensation Votes FOR the proposal must exceed votes AGAINST it. Counted as shares present, or represented by proxy and entitled to vote on the matter. Impact is the same as a vote AGAINST. Not counted as shares present, or represented by proxy and entitled to vote on the matter. No impact on outcome.”.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
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) | 319 : 1 |
|---|---|
| CEO total compensation | $14,962,913 |
| Median employee compensation | $46,976 |
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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Michael Gierges | President, CSAME | 2026-04-01 | D | 5,320 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Michael Gierges | President, CSAME | 2026-04-01 | D | 1,296 | 57 | 73,742 | Common | Form 4 ↗ |
| Michael Gierges | President, CSAME | 2026-04-01 | A | 5,320 | 0 | 0 | Common | Form 4 ↗ |
| John J. Greisch | Director | 2026-04-15 | A | 3,945.35 | 59 | 231,000 | Derivative, Class A Common | Form 4 ↗ |
| Michael M. McNamara | Director | 2026-04-15 | A | 3,637.92 | 59 | 213,000 | Derivative, Class A Common | Form 4 ↗ |
| Charles M. Holley Jr | Director | 2026-04-15 | A | 6,148.59 | 59 | 360,000 | Derivative, Class A Common | Form 4 ↗ |
| Virginia M. Wilson | Director | 2026-04-15 | A | 3,791.63 | 59 | 222,000 | Derivative, Class A Common | Form 4 ↗ |
| Amy E. Miles | Director | 2026-04-15 | A | 3,484.2 | 59 | 204,000 | Derivative, Class A Common | Form 4 ↗ |
| Susan N. Story | Director | 2026-04-15 | A | 5,807 | 59 | 340,000 | Derivative, Class A Common | Form 4 ↗ |
| Michael A. Todman | Director | 2026-04-15 | A | 3,637.92 | 59 | 213,000 | Derivative, Class A Common | Form 4 ↗ |
| Jean-Pierre Garnier | Director | 2026-04-15 | A | 3,330.49 | 59 | 195,000 | Derivative, Class A Common | Form 4 ↗ |
| Max Viessmann | Director | 2026-04-15 | A | 3,330.49 | 59 | 195,000 | Derivative, Class A Common | Form 4 ↗ |
| Gaurang Pandya | President, CSA | 2026-05-01 | D | 50,616 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Gaurang Pandya | President, CSA | 2026-05-01 | A | 50,616 | 0 | 0 | Common | Form 4 ↗ |
| Gaurang Pandya | President, CSA | 2026-05-01 | D | 21,546 | 68 | 1,456,941 | Common | Form 4 ↗ |
| Max Viessmann | Director | 2026-05-20 | D | 12,094,823 | 62 | 749,999,974 | Common | Form 4 ↗ |
| Edward Dryden | President, CST | 2026-07-01 | D | 2,147 | 72 | 154,734 | Common | Form 4 ↗ |
| Edward Dryden | President, CST | 2026-07-01 | D | 6,894 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Edward Dryden | President, CST | 2026-07-01 | A | 6,894 | 0 | 0 | Common | Form 4 ↗ |
| Neil Barua | Director | 2026-07-24 | A | 2,831.01 | 69 | 195,000 | Derivative, Class A Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-10-01 | — | 1,065 | — | — | 1 insider, 1 accrual row | ||
| Beril Yildiz | VP, Controller & CAO | 2026-10-01 | D | 260 | 55 | 14,357 | Common | Form 4 ↗ |
| Beril Yildiz | VP, Controller & CAO | 2026-10-01 | A | 1,065 | 0 | 0 | Common | Form 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 23 transactions
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Michael Gierges | President, CSAME | 2026-04-01 | D | 5,320 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Michael Gierges | President, CSAME | 2026-04-01 | D | 1,296 | 57 | 73,742 | Common | Form 4 ↗ |
| Michael Gierges | President, CSAME | 2026-04-01 | A | 5,320 | 0 | 0 | Common | Form 4 ↗ |
| John J. Greisch | Director | 2026-04-15 | A | 3,945.35 | 59 | 231,000 | Derivative, Class A Common | Form 4 ↗ |
| Michael M. McNamara | Director | 2026-04-15 | A | 3,637.92 | 59 | 213,000 | Derivative, Class A Common | Form 4 ↗ |
| Charles M. Holley Jr | Director | 2026-04-15 | A | 6,148.59 | 59 | 360,000 | Derivative, Class A Common | Form 4 ↗ |
| Virginia M. Wilson | Director | 2026-04-15 | A | 3,791.63 | 59 | 222,000 | Derivative, Class A Common | Form 4 ↗ |
| Amy E. Miles | Director | 2026-04-15 | A | 3,484.2 | 59 | 204,000 | Derivative, Class A Common | Form 4 ↗ |
| Susan N. Story | Director | 2026-04-15 | A | 5,807 | 59 | 340,000 | Derivative, Class A Common | Form 4 ↗ |
| Michael A. Todman | Director | 2026-04-15 | A | 3,637.92 | 59 | 213,000 | Derivative, Class A Common | Form 4 ↗ |
| Jean-Pierre Garnier | Director | 2026-04-15 | A | 3,330.49 | 59 | 195,000 | Derivative, Class A Common | Form 4 ↗ |
| Max Viessmann | Director | 2026-04-15 | A | 3,330.49 | 59 | 195,000 | Derivative, Class A Common | Form 4 ↗ |
| Gaurang Pandya | President, CSA | 2026-05-01 | D | 50,616 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Gaurang Pandya | President, CSA | 2026-05-01 | A | 50,616 | 0 | 0 | Common | Form 4 ↗ |
| Gaurang Pandya | President, CSA | 2026-05-01 | D | 21,546 | 68 | 1,456,941 | Common | Form 4 ↗ |
| Max Viessmann | Director | 2026-05-20 | D | 12,094,823 | 62 | 749,999,974 | Common | Form 4 ↗ |
| Edward Dryden | President, CST | 2026-07-01 | D | 2,147 | 72 | 154,734 | Common | Form 4 ↗ |
| Edward Dryden | President, CST | 2026-07-01 | D | 6,894 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Edward Dryden | President, CST | 2026-07-01 | A | 6,894 | 0 | 0 | Common | Form 4 ↗ |
| Neil Barua | Director | 2026-07-24 | A | 2,831.01 | 69 | 195,000 | Derivative, Class A Common | Form 4 ↗ |
| Beril Yildiz | VP, Controller & CAO | 2026-10-01 | D | 1,065 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Beril Yildiz | VP, Controller & CAO | 2026-10-01 | D | 260 | 55 | 14,357 | Common | Form 4 ↗ |
| Beril Yildiz | VP, Controller & CAO | 2026-10-01 | A | 1,065 | 0 | 0 | Common | Form 4 ↗ |
Sources (88 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, David Gitlin. DEF 14A, filed 2026-03-03. Section “Summary Compensation Table”. As printed: 14,962,913. View filing ↗
- Section 01, Michael Gierges. DEF 14A, filed 2026-03-03. Section “Summary Compensation Table”. As printed: 7,059,821. View filing ↗
- Section 01, Patrick Goris. DEF 14A, filed 2026-03-03. Section “Summary Compensation Table”. As printed: 4,888,287. View filing ↗
- Section 01, Gaurang Pandya. DEF 14A, filed 2026-03-03. Section “Summary Compensation Table”. As printed: 3,435,405. View filing ↗
- Section 01, Edward Dryden. DEF 14A, filed 2026-03-03. Section “Summary Compensation Table”. As printed: 3,226,395. View filing ↗
- Section 03, Patrick Goris OPTION. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Gierges OPTION. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Gierges PSU. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Gierges OPTION. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, David Gitlin OPTION. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Patrick Goris PSU. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Edward Dryden PSU. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, David Gitlin PSU. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Gaurang Pandya OPTION. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Edward Dryden OPTION. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Michael Gierges RSU. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 03, Gaurang Pandya PSU. DEF 14A, filed 2026-03-03. Section “Executive Compensation” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-03. Section “CEO Pay Ratio”. As printed: 319 : 1. View filing ↗
- Section 08, Amy E. Miles. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 548,519. View filing ↗
- Section 08, Virginia M. Wilson. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 416,105. View filing ↗
- Section 08, John J. Greisch. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 388,453. View filing ↗
- Section 08, Michael A. Todman. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 376,276. View filing ↗
- Section 08, Charles M. Holley Jr. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 366,809. View filing ↗
- Section 08, Michael M. McNamara. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 356,276. View filing ↗
- Section 08, Susan N. Story. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 345,125. View filing ↗
- Section 08, Jean-Pierre Garnier. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 326,276. View filing ↗
- Section 08, Max Viessmann. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 325,828. View filing ↗
- Section 08, David L. Gitlin. DEF 14A, filed 2026-03-03. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, Michael Gierges 2026-04-01. Form 4, filed 2026-04-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Gierges 2026-04-01. Form 4, filed 2026-04-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael Gierges 2026-04-01. Form 4, filed 2026-04-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John J. Greisch 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael M. McNamara 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Charles M. Holley Jr 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Virginia M. Wilson 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Amy E. Miles 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Susan N. Story 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Michael A. Todman 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Jean-Pierre Garnier 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Max Viessmann 2026-04-15. Form 4, filed 2026-04-17. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gaurang Pandya 2026-05-01. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gaurang Pandya 2026-05-01. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gaurang Pandya 2026-05-01. Form 4, filed 2026-05-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Max Viessmann 2026-05-20. Form 4, filed 2026-05-20. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Edward Dryden 2026-07-01. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Edward Dryden 2026-07-01. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Edward Dryden 2026-07-01. Form 4, filed 2026-07-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Neil Barua 2026-07-24. Form 4, filed 2026-07-24. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Beril Yildiz 2026-10-01. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Beril Yildiz 2026-10-01. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Beril Yildiz 2026-10-01. Form 4, filed 2026-10-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-04-16. Item 5.07 · say-on-pay result. As reported: 91.71% (votes for as printed: 654,737,091). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-04-11. Item 5.07 · say-on-pay result. As reported: 85.28% (votes for as printed: 619,115,896). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-04-19. Item 5.07 · say-on-pay result. As reported: 58.56% (votes for as printed: 450,052,923). 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 1,119,000 + equity 2,258,500 + all other 72,167 = 3,449,667, summed across the director compensation table rows.
- Deere & Company, Section 10b CEO total. DEF 14A, filed 2026-01-14. CEO total compensation as printed in Deere & Company's own proxy. As printed: 27,925,424. View filing ↗
- Trane Technologies plc, Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Trane Technologies plc's own proxy. As printed: 27,262,157. View filing ↗
- Parker Hannifin Corporation, Section 10b CEO total. DEF 14A, filed 2026-09-18. CEO total compensation as printed in Parker Hannifin Corporation's own proxy. As printed: 22,761,169. View filing ↗
- Emerson Electric Co., Section 10b CEO total. DEF 14A, filed 2025-12-12. CEO total compensation as printed in Emerson Electric Co.'s own proxy. As printed: 21,240,262. View filing ↗
- 3M Co., Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in 3M Co.'s own proxy. As printed: 21,005,009. View filing ↗
- Honeywell International Inc., Section 10b CEO total. DEF 14A, filed 2026-04-10. CEO total compensation as printed in Honeywell International Inc.'s own proxy. As printed: 20,381,435. View filing ↗
- Johnson Controls International plc, Section 10b CEO total. DEF 14A, filed 2026-01-16. CEO total compensation as printed in Johnson Controls International plc's own proxy. As printed: 19,963,827. View filing ↗
- Cummins Inc., Section 10b CEO total. DEF 14A, filed 2026-04-02. CEO total compensation as printed in Cummins Inc.'s own proxy. As printed: 19,905,532. View filing ↗
- TE Connectivity Ltd., Section 10b CEO total. DEF 14A, filed 2026-01-15. CEO total compensation as printed in TE Connectivity Ltd.'s own proxy. As printed: 18,325,536. View filing ↗
- Caterpillar Inc., Section 10b CEO total. DEF 14A, filed 2026-04-30. CEO total compensation as printed in Caterpillar Inc.'s own proxy. As printed: 17,008,077. View filing ↗
- Otis Worldwide Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-17. CEO total compensation as printed in Otis Worldwide Corporation's own proxy. As printed: 16,977,877. View filing ↗
- Illinois Tool Works Inc., Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Illinois Tool Works Inc.'s own proxy. As printed: 15,211,011. View filing ↗
- Carrier Global Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-03-03. CEO total compensation as printed in Carrier Global Corp's own proxy. As printed: 14,962,913. View filing ↗
- Whirlpool Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-10. CEO total compensation as printed in Whirlpool Corporation's own proxy. As printed: 12,773,816. View filing ↗
- Eaton Corporation plc, Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Eaton Corporation plc's own proxy. As printed: 7,923,677. View filing ↗
- Stanley Black & Decker, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-06. CEO total compensation as printed in Stanley Black & Decker, Inc.'s own proxy. As printed: 7,656,246. View filing ↗
- Section 10a, Eaton Corporation plc reciprocity. DEF 14A. Eaton Corporation plc names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Stanley Black & Decker, Inc. reciprocity. DEF 14A. Stanley Black & Decker, Inc. names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, TE Connectivity Ltd. reciprocity. DEF 14A. TE Connectivity Ltd. names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Emerson Electric Co. reciprocity. DEF 14A. Emerson Electric Co. names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Illinois Tool Works Inc. reciprocity. DEF 14A. Illinois Tool Works Inc.'s most recent proxy was read; its disclosed peer group does not include Carrier Global Corp. View filing ↗
- Section 10a, Trane Technologies plc reciprocity. DEF 14A. Trane Technologies plc names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Johnson Controls International plc reciprocity. DEF 14A. Johnson Controls International plc names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, 3M Co. reciprocity. DEF 14A. 3M Co. names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Caterpillar Inc. reciprocity. DEF 14A. Caterpillar Inc.'s most recent proxy was read; its disclosed peer group does not include Carrier Global Corp. View filing ↗
- Section 10a, Cummins Inc. reciprocity. DEF 14A. Cummins Inc.'s most recent proxy was read; its disclosed peer group does not include Carrier Global Corp. View filing ↗
- Section 10a, Deere & Company reciprocity. DEF 14A. Deere & Company names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Honeywell International Inc. reciprocity. DEF 14A. Honeywell International Inc.'s most recent proxy was read; its disclosed peer group does not include Carrier Global Corp. View filing ↗
- Section 10a, Otis Worldwide Corporation reciprocity. DEF 14A. Otis Worldwide Corporation names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Parker Hannifin Corporation reciprocity. DEF 14A. Parker Hannifin Corporation's most recent proxy was read; its disclosed peer group does not include Carrier Global Corp. View filing ↗
- Section 10a, Whirlpool Corporation reciprocity. DEF 14A. Whirlpool Corporation names Carrier Global Corp in its own disclosed peer group (read from its most recent proxy). View filing ↗