Form 4: Carpenter Technology Executive Reports Stock Transactions

Elizabeth A. Socci, VP, Contr & Ch Acctg Officer at Carpenter Technology Corp, reports disposition and acquisition of common stock and restricted stock units.

Summary

• On August 15, 2024, Elizabeth A. Socci, VP, Contr & Ch Acctg Officer of Carpenter Technology Corp, reported transactions involving the company's common stock.
• 482 shares were disposed of to cover tax obligations related to previously reported restricted stock units at a price of $143.47 per share.
• Additionally, 610 restricted stock units were granted to the reporting person under the Carpenter Technology Corporation Stock-Based Incentive Compensation Plan for Officers and Key Employees.
• Following these transactions, Ms. Socci beneficially owns 18,233 shares of Carpenter Technology Corp.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document primarily reports stock transactions related to compensation and tax obligations, without indicating a strong positive or negative outlook.

Positives

• The grant of restricted stock units to Ms. Socci aligns her interests with the long-term performance of Carpenter Technology Corp.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation plans and tax obligations. These transactions provide insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock transactions may have a minor impact on shareholders due to the change in beneficial ownership.

Key Dates