M&A - CARRIER GLOBAL Corp

Form Type: SCHEDULE 13D/A

Filing Date: 2025-06-05

Corporate Action: Acquisition

Type: Update

Accession Number: 000095010325007073

Filing Summary: This Schedule 13D/A Amendment No. 6 provides updates regarding the ownership of Carrier Global Corp by Viessmann HoldCo and its affiliates. On June 5, 2025, Viessmann HoldCo entered into a block trade and a stock repurchase agreement with Carrier, purchasing a total of 8,534,850 shares of Carrier common stock. The transaction specified a discount of 1.5406% relative to the closing price of the shares on that date. The repurchased shares were executed under Carrier's existing share buyback authorization. Viessmann HoldCo had originally received these shares as part of the acquisition of Viessmann Climate Solutions in January 2024, which valued the shares at approximately $3.3 billion at the time, with a current market value of approximately $4.18 billion as of June 5, 2025. Post-transaction, Viessmann HoldCo maintains significant ownership sufficient to nominate a director on Carrier's Board. Maximilian Viessmann expressed confidence in Carrier’s future growth and reaffirmed his role on the board, despite the sale of a portion of shares for diversification. The document indicates that no other transactions in Carrier common stock occurred by the reporting persons in the past 60 days.