4/A: Carpenter Technology CEO Corrects Share Ownership in Amended SEC Filing

Carpenter Technology's CEO, Tony R. Thene, amended a previous SEC filing to correctly reflect the indirect ownership of 5,500 shares purchased on March 18, 2020.

Summary

• This is an amended SEC Form 4 filing by Tony R. Thene, the President and CEO of Carpenter Technology Corporation.
• The amendment corrects a previous filing from March 19, 2020, which incorrectly stated that 5,500 shares purchased on March 18, 2020, were directly owned.
• The corrected filing clarifies that these 5,500 shares are held indirectly in the Thene Revocable Living Trust.
• The purchase price of the 5,500 shares averaged $17.72 per share, with individual transactions ranging from $17.53 to $17.97.
• The CEO also directly owns 158,644 shares of Carpenter Technology stock.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating a neutral sentiment. The correction shows adherence to regulations.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company executive, which is a common practice in publicly traded companies.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders.
• The correction of an error in a previous filing is not uncommon and demonstrates adherence to regulatory requirements.

Stakeholder Impact

• The correction of the filing ensures transparency for shareholders regarding the CEO's ownership of company stock.

Key Dates

Keywords

SEC Filing, Beneficial Ownership, Carpenter Technology, Tony R. Thene, Share Ownership, Form 4, Amendment