Form 4: Carpenter Technology SVP Brian Malloy Reports Tax Share Withholding
SEC Form 4 Filing
Brian J Malloy, SVP and Chief Operating Officer of Carpenter Technology, reports the withholding of shares to cover taxes on restricted stock units.
Summary
- On August 16, 2024, Brian J Malloy, SVP and Chief Operating Officer of Carpenter Technology Corporation, had 1,367 shares of common stock withheld to cover taxes.
- The transaction occurred at a price of $146.04 per share.
- Following the transaction, Malloy directly owns 65,088.73 shares of Carpenter Technology common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, and does not indicate positive or negative 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 executive compensation and ownership changes.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects standard executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 08/16/2024 | Date of the transaction involving the withholding of shares. |
| 08/20/2024 | Date of signature on the report. |
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