Form 4: Carpenter Technology Director Sells 15,000 Shares
SEC Form 4 Filing
A director at Carpenter Technology Corporation, Steven E. Karol, sold 15,000 shares of common stock at an average price of $180.768 per share.
Summary
- Steven E. Karol, a director at Carpenter Technology Corporation, sold 15,000 shares of the company's common stock on November 19, 2024.
- The sale was executed at an average price of $180.768 per share, with individual transactions ranging from $180.644 to $180.91 per share.
- Following the transaction, Mr. Karol directly owns 180,000 shares and indirectly owns 229,126 shares through affiliates.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock sale by a director. It doesn't indicate positive or negative sentiment, but rather a factual transaction.
Industry Context
This is a standard SEC Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
- The sale by a director is not unusual, but the size of the transaction may be of interest to investors.
Stakeholder Impact
- The sale of shares by a director may be of interest to shareholders, but it is a common occurrence and does not necessarily indicate a change in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 11/19/2024 | Date of the stock sale transaction. |
| 11/21/2024 | Date of the signature on the form. |
Keywords
Carpenter Technology, stock sale, insider trading, director, Steven E. Karol, common stock
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