Form 4: Carpenter Technology Corp Director Viola L. Acoff Executes Stock Option and Sells Shares
SEC Form 4 Filing
Director Viola L. Acoff exercised stock options and sold shares of Carpenter Technology Corp on March 4, 2025.
Summary
- On March 4, 2025, Viola L. Acoff, a director of Carpenter Technology Corp, exercised stock options to acquire 4,000 shares of common stock at a price of $45.12 per share.
- Simultaneously, Acoff sold 4,000 shares of common stock at a price of $201.8316 per share.
- Following these transactions, Acoff owns zero shares of common stock.
- The stock option was granted on February 14, 2020, and is exercisable until February 14, 2029.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for directors and officers of publicly traded companies. These transactions are subject to regulatory scrutiny to prevent insider trading.
Stakeholder Impact
- The transaction could have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 02/14/2020 | Date the director stock options were granted |
| 02/14/2029 | Expiration date of the director stock options |
| 03/04/2025 | Date of stock option exercise and share sale |
| 03/06/2025 | Date of signature on the Form 4 filing |
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