Form 4: Carpenter Technology Corp Director Viola L. Acoff Reports Stock and Options Acquisition

Director Viola L. Acoff reports acquisition of stock units and options in Carpenter Technology Corporation.

Summary

• On October 8, 2024, Viola L. Acoff, a director of Carpenter Technology Corp, reported acquiring 837 director stock units and 438 director stock options.
• The stock units convert to common stock on a 1-for-1 basis and are payable upon separation of service or a specified date/event.
• The director stock options have an exercise price of $161.38 and are exercisable from October 8, 2025, to October 8, 2034.
• Following the reported transactions, Acoff beneficially owns 21,066.64 shares of common stock (including dividend equivalents) and 438 director stock options.
• The transactions were made under the Carpenter Technology Corporation Stock-Based Compensation Plan for Non-Employee Directors.

Sentiment

Score: 7

Explanation: Director's acquisition of stock and options generally indicates a positive sentiment towards the company's prospects.

Positives

• The acquisition of stock units and options by a director signals confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the acquisition of stock and options suggests a positive outlook from the director.

Industry Context

Director stock acquisitions are common in publicly traded companies as part of compensation packages and to align management's interests with shareholders'.

Stakeholder Impact

• The director's increased stake could positively influence shareholder confidence.

Key Dates