Form 4: Carpenter Technology Corp Executive Reports Stock Transactions

James D. Dee, SVP Gen Counsel and Sec of Carpenter Technology Corp, reports acquisition and disposal of company stock on August 15, 2024.

Summary

• On August 15, 2024, James D. Dee, SVP Gen Counsel and Sec of Carpenter Technology Corp, reported transactions involving Carpenter Technology Corp [CRS] common stock.
• Dee disposed of 2,171 shares to cover tax obligations at a price of $143.47 per share.
• Dee also acquired 2,614 restricted stock units under the Carpenter Technology Corporation Stock-Based Incentive Compensation Plan for Officers and Key Employees.
• Following these transactions, Dee beneficially owns 90,934.19 shares of Carpenter Technology Corp common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a routine disclosure of stock transactions. The acquisition of restricted stock units is mildly positive, but the disposal for tax withholding is neutral.

Positives

• The acquisition of restricted stock units by a company executive can be seen as a positive sign, aligning the executive's interests with those of the shareholders.

Industry Context

This is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding the executive's stake in the company.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the executive's stake in the company.

Key Dates