13D Watch Daily Intelligence Brief

We are filing this Second Amendment to announce that we have served our notice of intent to nominate Francis "Frank" E. Younes for election as a director at the Issuer's upcoming 2026 annual meeting of shareholders (the "2026 Annual Meeting"), with Mark E. Novotny as our alternate nominee. A copy of the Nominee Agreements (as defined below) are attached as Exhibits 2 and 3 to this Second Amendment. Additionally, we have submitted a non-binding proposal (the "Share Repurchase Proposal") seeking stockholder approval of a request that the Board of Directors shall take all necessary and permissible actions to repurchase no less than 10% of the Issuer's outstanding Common Stock each and every year in which the Common Stock trades below book value per share, which further entails that the Issuer have the proper trading plan(s) in place to account for blackout periods. A copy of the Share Repurchase Proposal is attached hereto as Exhibit 4 and is incorporated herein by reference. Our purpose in acquiring shares of Common Stock of the Issuer is to profit from the appreciation in the market price of the shares of Common Stock through asserting shareholder rights. We do not believe the value…

On May 20, 2026, Viessmann Traeger HoldCo GmbH (together with its affiliates, "VGG") entered into a block trade (the "Block Trade") with JPMorgan Chase Bank, N.A. ("JPMorgan") with respect to a portion of VGG's ownership of Carrier Global Corporation ("Carrier" or the "Company") common stock. The aggregate number of shares sold in the Block Trade was 12,094,823. The price of the shares sold in the Block Trade represents a discount of 2.4847% to the closing price of Carrier's common stock on May 20, 2026. VGG received the Carrier shares as consideration for Carrier's acquisition of Viessmann Climate Solutions in January 2024. VGG entered into the Block Trade to support portfolio rebalancing. Notwithstanding the Block Trade, VGG continues to hold a substantial ownership position in the Company and remains one of the Company's largest shareholders. Max Viessmann remains firmly committed to Carrier for the long term, as demonstrated by his substantial investment in the Company and his sustained focus on advancing its growth strategy and value creation framework. Mr. Viessmann believes that his investment in Carrier positions VGG to participate in the Company's long-term growth and supp…