Form 4: Carpenter Technology SVP and CFO Timothy Lain Reports Share Transactions
SEC Form 4 Filing
Timothy Lain, SVP and CFO of Carpenter Technology, reports the disposition of shares for tax withholding and holdings in a 401K Retirement Plan.
Summary
- On August 16, 2024, Timothy Lain, SVP and CFO of Carpenter Technology Corporation, reported a transaction involving common stock.
- 1,721 shares were disposed of to cover tax withholding at a price of $146.04 per share.
- Lain also reported holdings of 3,100 shares indirectly through a 401K Retirement Plan.
- Following the reported transactions, Lain directly owns 91,824.73 shares of Carpenter Technology common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports routine transactions related to executive compensation and tax obligations.
Industry Context
This filing is a routine disclosure related to executive compensation and holdings, and it doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax withholding and retirement plan holdings of an executive.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of the reported transaction involving the disposition of shares for tax withholding. |
| 08/20/2024 | Date of signature on the Form 4 filing. |
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