CARPENTER TECHNOLOGY CORP 4

Executive Chairman Tony R. Thene had 68,860 performance-based RSUs vest and 29,913 shares withheld for taxes in Carpenter Technology Corporation (CRS) common stock, resulting in updated direct and trust holdings.

Executive Chairman Tony R. Thene had a performance-based restricted stock unit (RSU) award vest on July 14, 2026, related to a grant originally dated August 15, 2023, after the Audit/Finance Committee confirmed financial results and the Human Capital Management Committee certified performance target achievement. The vesting resulted in the acquisition of 68,860 shares of Carpenter Technology Corporation common stock, increasing his directly held position to 112,292 shares. In connection with this vesting, 29,913 shares were withheld by the company at an implied price of approximately $576.87 per share (about $17.3 million in value) to cover tax obligations, leaving 82,379 shares held directly after the withholding. Separately, 497,087 shares of common stock are reported as held indirectly in trust (the Thene Revocable Living Trust), bringing his total reported beneficial ownership to roughly 579,466 shares, which, at an estimated prevailing price near the withholding price, represent holdings of approximately $333 million. The transactions are characterized as routine equity compensation events under Carpenter Technology’s stock-based compensation plan rather than open-market purchases or discretionary sales.

Filing Facts

CIK

17843

Ticker

CRS

Form

4

Source Type

sec

Accession

0001420435-26-000002

Alert Tier

5