Form 4: Carpenter Technology Executive Reports Tax Share Withholding
SEC Form 4 Filing
Marshall D. Akins, VP and Chief Commercial Officer of Carpenter Technology, reports the withholding of shares to cover taxes on restricted stock units.
Summary
- On August 16, 2024, Marshall D. Akins, VP and Chief Commercial Officer of Carpenter Technology Corporation, reported a transaction involving common stock.
- The transaction involved the disposal of 313 shares at a price of $146.04.
- This disposal was due to the withholding of tax shares on previously reported restricted stock units.
- Following the transaction, Akins beneficially owns 26,055.77 shares of Carpenter Technology Corporation.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations on vested stock, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of the stock transaction (tax share withholding). |
| 08/20/2024 | Date of signature on the Form 4 filing. |
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