S-3ASR ·Filed Jul 28, 2026

CARR

CARRIER GLOBAL Corp
NEUTRAL
Impact 2/10
Horizonimmediate Processed2mo ago SEC0000950142-26-002184
Notable filing: S-3ASR
Actionable Insight • Neutral

This is a routine shelf refiling for employee equity compensation — no market impact expected. Monitor for any subsequent prospectus supplement that could signal an at-the-market (ATM) offering, which would be a more significant event. The timing alongside strong earnings is opportunistic but not concerning given the small size.

DirectionNeutral
Confidencehigh
Horizonimmediate
Latest settled — T+20d ⚠ clustered
CARR ▼ -1.97% at T+20d
NEUTRAL call ✗ call lost -1.97% · α vs SPY -6.99% · entry $59.92 → $58.74
Next anchor: T+60d in 19d
Latest observation: T+43 -10.09% FF3 residual α
Entry anchored
Jul 28, 03:59 PM ET
via exchange tick
T+1d
+2.45%
call +2.45% · α +0.78%
$61.39
settled 2mo ago
T+5d
+9.20%
call +9.20% · α +3.67%
$65.43
settled 8w ago
T+20d
-1.97%
call -1.97% · α -6.99%
$58.74
settled 5w ago
T+60d
—
call — · α —
—
in 19d

Price Chart

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Executive Summary

Carrier Global filed an automatic shelf registration statement (S-3ASR) to register 715,279 shares of common stock for issuance under its existing 2020 Long-Term Incentive Plan. This is a routine administrative filing to replenish the share reserve for employee equity awards — no new shares are being registered, only unsold securities ($38.5M) carried forward from a prior shelf. The filing is purely administrative and has no material impact on the company's capital structure or financial position, especially given Carrier's strong balance sheet and positive earnings momentum.

Key Facts

  • S-3ASR registers 715,279 shares of common stock for issuance under the 2020 Long-Term Incentive Plan
  • No new securities are being registered — only $38,474,857.41 of unsold securities carried forward from prior shelf (File No. 333-273510)
  • Proceeds from stock option/SAR exercises will be used for general corporate purposes
  • Filed on same day as Q2 2026 earnings release (July 28, 2026) which showed adjusted EPS beat and raised guidance
  • Company had ~824.3M shares outstanding as of March 31, 2026; 715K shares represent ~0.09% dilution

Financial Impact

Negligible — 715,279 shares represent ~0.09% of outstanding shares, with a maximum aggregate offering price of $38.5M (0.07% of $57.9B market cap)

dilution

Risk Factors

  • Future prospectus supplement could indicate a larger capital markets transaction
  • Ongoing share dilution from equity compensation programs

Market Snapshot

Exchange
NYSE
Sector
Air-Cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
Analyst Consensus
65% bullish (31 analysts)

Investment Themes

Industrials & Manufacturing

Documents Analyzed

This report is based on 7 SEC documents filed with EDGAR.

DocumentAccession Number
S-3ASR Filing (Primary)0000950142-26-002184
Document: eh260811579_ex107.htm0000950142-26-002184
Document: eh260811579_ex0501.htm0000950142-26-002184
Document: eh260811579_ex2301.htm0000950142-26-002184
Document: 0000950142-26-002184-index-headers.html0000950142-26-002184
Document: 0000950142-26-002184-index.html0000950142-26-002184
Document: 0000950142-26-002184.txt0000950142-26-002184
7 reports for CARR
Performance horizon
100% Hit rate 3 of 3 directional calls best @ T+20▲ +4.15%Jul 30, 2026
Filters
Rows
Reports for CARR — sortable, filterable
TypeNow
Jul 30, 2026
9w ago
Press Release
BEARISH ★ 5/10
$61.39 $58.84▲ +4.15%▲ +8.12%$55.12 (+10.21%)
Jul 28, 2026
9w ago
S-3ASR
NEUTRAL ★ 2/10
$59.92 $58.74▼ −1.97%▼ −6.99%$55.12 (−8.01%)
Jul 28, 2026
9w ago
8-K
BULLISH ★ 7/10
$63.16 $58.52▼ −7.35%▼ −10.73%$55.12 (−12.73%)
Jul 27, 2026
9w ago
Press Release
NEUTRAL ★ 4/10
$69.33 $59.97▼ −13.50%▼ −16.80%$55.12 (−20.50%)
Apr 30, 2026
22w ago
8-K
MIXED ★ 6/10
$66.97 $63.85▼ −4.66%▼ −9.88%$55.12 (−17.69%)
Mar 3, 2026
30w ago
DEFA14A
NEUTRAL ★ 2/10
$61.16 $56.28▼ −7.98%▼ −3.58%$55.12 (−9.87%)
Feb 28, 2026
30w ago
Institutional Cluster
BULLISH ★ 8/10
$63.83 $54.35▼ −14.85%▼ −6.91%$55.12 (−13.64%)
Showing 7 of 7

US Market Status

Market Closed — Opens Mon (64h 59m)

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