Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-30

Carlisle Companies (CSL)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$11,359,438
D. Christian Koch total, FY2025
CEO pay percentile vs peers
92:1
CEO-to-median pay ratio
87.23%
Say-on-pay support, latest vote
Companies that benchmark against CSL
18 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.

01

Summary Compensation Table — fiscal year 2025

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 FY20242025
D. Christian Koch$11,359,438
Kevin P. Zdimal2,825,000
Scott C. Selbach2,306,797
Stephen F. Schwar2,117,213
Frank J. Ready1,930,447

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

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Kevin P. ZdimalRSU2025-01-281,270$502,234
D. Christian KochRSU2025-01-286,6052,612,013
D. Christian KochPSU2025-01-283,3036,60513,2103,764,916
D. Christian KochOPTION2025-01-2823,2502,612,603
Kevin P. ZdimalPSU2025-01-286351,2702,540723,913
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Kevin P. Zdimal$502,234$723,913$059.0%
D. Christian Koch2,612,0133,764,9162,612,60341.9%

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

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Frank J. ReadyOption2,900395.46
Kevin P. ZdimalPSU11,4003,646,404
Kevin P. ZdimalRSU4,4401,420,178
Stephen F. SchwarOption3,005395.46
Scott C. SelbachRSU12,9704,148,584
Stephen F. SchwarOption1,333250.86
Frank J. ReadyPSU4,2001,343,412
D. Christian KochOption17,480320.38
Stephen F. SchwarRSU3,005961,179
D. Christian KochRSU24,2457,755,006
D. Christian KochOption10,928250.86
Frank J. ReadyRSU3,005961,179
Kevin P. ZdimalOption3,177320.38
Kevin P. ZdimalOption1,948250.86
Frank J. ReadyOption1,338250.86
Frank J. ReadyOption2,183320.38
Stephen F. SchwarOption2,133320.38
D. Christian KochOption23,250395.46
Kevin P. ZdimalOption4,460395.46
D. Christian KochPSU34,01010,878,439
Stephen F. SchwarPSU4,1951,341,813
05

Incentive-plan design — the Compensation Discussion & Analysis

Provide a competitive total direct compensation opportunity. Executive total direct compensation opportunity is managed approximately between the first and third quartiles of companies similar in size to the Company.

CEO STI target (% of salary)130%
CEO LTI target (% of salary)
Independent consultantWillis Towers Watson
Clawback policytrue
Anti-hedgingtrue
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-2830,209,0634,331,23192,69487.23%Passed
20252025-04-3028,733,7508,603,71385,17776.78%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
20252025-04-3076.78%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.

07

CEO pay ratio

Ratio (CEO : median employee)92 : 1
CEO total compensation$11,359,438
Median employee compensation$123,093
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Sheryl D. PalmerIndependent · Audit · Corporate Governance and Nominating · Newly elected$125,000$218,750$0$1,945$345,695
C. David MyersIndependent · Audit (Chair) · Corporate Governance and Nominating150,000175,00001,929326,929
James D. FriasIndependent · Lead Independent Director · Compensation · Corporate Governance and Nominating (Chair)147,500175,00001,929324,429
Corrine D. RicardIndependent · Compensation · Corporate Governance and Nominating135,000175,00001,929311,929
Jesse G. SinghIndependent · Audit · Compensation (Chair)135,000175,00001,929311,929
Maia A. HansenIndependent · Audit · Compensation125,000175,00001,929301,929
Jonathan R. CollinsIndependent · Compensation · Corporate Governance and Nominating125,000175,00001,929301,929
Robin J. AdamsIndependent · Departed during FY53,7500045154,201
Gregg A. OstranderIndependent · Departed during FY31,2500045131,704
Robert G. BohnIndependent · Departed during FY31,2500045131,701
D. Christian KochEmployee director · Board Chair0000
09

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$175,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 45,000
Stock ownership guideline5x annual fee amount
09b

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.

10b

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.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, D. Christian KochDEF 14A2026-03-170001193125-26-109193Section “Summary Compensation Table”. As printed: 11,359,438. Filing ↗machine: t108 · r2 · c44 · span 570250–570260
2Section 01, Kevin P. ZdimalDEF 14A2026-03-170001193125-26-109193Section “Summary Compensation Table”. As printed: 2,825,000. Filing ↗machine: span 586272–586281
3Section 01, Scott C. SelbachDEF 14A2026-03-170001193125-26-109193Section “Summary Compensation Table”. As printed: 2,306,797. Filing ↗machine: span 629047–629056
4Section 01, Stephen F. SchwarDEF 14A2026-03-170001193125-26-109193Section “Summary Compensation Table”. As printed: 2,117,213. Filing ↗machine: span 618232–618241
5Section 01, Frank J. ReadyDEF 14A2026-03-170001193125-26-109193Section “Summary Compensation Table”. As printed: 1,930,447. Filing ↗machine: span 602254–602263
6Section 03, Kevin P. Zdimal RSUDEF 14A2026-03-170001193125-26-109193Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r8 · c53 · span 729970–729977
7Section 03, D. Christian Koch RSUDEF 14A2026-03-170001193125-26-109193Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r4 · c53 · span 707825–707834
8Section 03, D. Christian Koch PSUDEF 14A2026-03-170001193125-26-109193Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r4 · c38 · span 706380–706385
9Section 03, D. Christian Koch OPTIONDEF 14A2026-03-170001193125-26-109193Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r6 · c43 · span 717799–717805
10Section 03, Kevin P. Zdimal PSUDEF 14A2026-03-170001193125-26-109193Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r8 · c38 · span 728525–728530
11Section 07, pay ratioDEF 14A2026-03-170001193125-26-109193Section “CEO Pay Ratio”. As printed: 92 : 1. Filing ↗machine: t174 · r1 · c3 · span 1275873–1275881
12Section 08, Sheryl D. PalmerDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 345,695. Filing ↗machine: t71 · r9 · c24 · span 392985–392993
13Section 08, C. David MyersDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 326,929. Filing ↗machine: t71 · r7 · c24 · span 386666–386674
14Section 08, James D. FriasDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 324,429. Filing ↗machine: t71 · r5 · c24 · span 380346–380354
15Section 08, Corrine D. RicardDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 311,929. Filing ↗machine: t71 · r10 · c24 · span 396148–396155
16Section 08, Jesse G. SinghDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 311,929. Filing ↗machine: t71 · r11 · c24 · span 399308–399316
17Section 08, Maia A. HansenDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 301,929. Filing ↗machine: t71 · r6 · c24 · span 383506–383514
18Section 08, Jonathan R. CollinsDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 301,929. Filing ↗machine: t71 · r4 · c24 · span 377186–377194
19Section 08, Robin J. AdamsDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 54,201. Filing ↗machine: t71 · r2 · c24 · span 370869–370876
20Section 08, Gregg A. OstranderDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 31,704. Filing ↗machine: t71 · r8 · c24 · span 389824–389831
21Section 08, Robert G. BohnDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 31,701. Filing ↗machine: t71 · r3 · c24 · span 374022–374029
22Section 08, D. Christian KochDEF 14A2026-03-170001193125-26-109193Section “Director Compensation”. As printed: 0. Filing ↗
23Section 06, 2026 voteForm 8-K2026-04-300000790051-26-000020Item 5.07 · say-on-pay result. As reported: 87.23% (votes for as printed: 30,209,063). Filing ↗
24Section 06, 2025 voteForm 8-K2025-05-010000790051-25-000119Item 5.07 · say-on-pay result. As reported: 76.78% (votes for as printed: 28,733,750). Filing ↗
25Section 06, 2024 voteForm 8-K2024-05-010000790051-24-000087Item 5.07 · say-on-pay result. As reported: 88.15% (votes for as printed: 36,594,437). Filing ↗
26Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
27Section 09b board cost (computed)ComputedcomputedCash 1,058,750 + equity 1,268,750 + all other 14,872 = 2,342,372, summed across the director compensation table rows.machine: formula: Σ = 2,342,372
28Carlisle Companies (subject), Section 10b CEO totalDEF 14A2026-03-170001193125-26-109193CEO total compensation as printed in Carlisle Companies's own proxy. As printed: 11,359,438. Filing ↗machine: t108 · r2 · c44 · span 570250–570260