Tony R. Thene - 16 Jul 2024 Form 4 Insider Report for CARPENTER TECHNOLOGY CORP (CRS)

Signature
James D. Dee/POA
Issuer symbol
CRS
Transactions as of
16 Jul 2024
Transactions value $
-$4,680,586
Form type
4
Filing time
18 Jul 2024, 17:22:56 UTC
Previous filing
03 Apr 2024
Next filing
05 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRS Common Stock Award +87.1K +20.65% 509K 16 Jul 2024 Direct F1
transaction CRS Common Stock Tax liability -$4.68M -38.3K -7.52% $122.25 471K 16 Jul 2024 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted a performance-based restricted stock unit award with an effective grant date of August 16, 2021, and performance period ending June 30, 2024. The financial results were confirmed and approved on July 16, 2024, by the Audit/Finance Committee of Carpenter's Board of Directors and, on July 16, 2024, the Human Capital Management Committee of Carpenter's Board of Directors certified the achievement of the performance targets based on the approved financial results.
F2 In connection with the vesting of reported performance award under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.