Carpenter Technology Corp SEC Filings

Carpenter Technology Corporation furnished an 8-K announcing fiscal 2026 first quarter results for the period ended September 30, 2025. The company issued a press release on October 23, 2025, which is included as Exhibit 99.1. The information under Item 2.02 is furnished and shall not be deemed to be filed. The filing also lists the Cover Page Interactive Data File as Exhibit 104.

Carpenter Technology (CRS) reported stronger quarterly results. For the three months ended September 30, 2025, net sales were $733.7 million versus $717.6 million a year ago, while gross profit rose to $216.4 million from $176.3 million. Operating income increased to $153.3 million from $113.6 million, and net income grew to $122.5 million from $84.8 million. Diluted EPS was $2.43, up from $1.67.

Segment performance was led by Specialty Alloys Operations, with segment operating income of $170.7 million; Performance Engineered Products delivered $9.4 million. Aerospace and Defense end‑market sales totaled $470.9 million, up from $437.4 million. Operating cash flow was $39.2 million. Cash and equivalents were $208.0 million as of quarter end, down from $315.5 million at June 30, 2025.

The company repurchased 200,000 shares for $49.1 million; $249.0 million remained available under the $400.0 million program as of September 30, 2025. Long‑term debt was $695.7 million, and $348.9 million remained available under the $350.0 million revolving credit facility. The effective tax rate was 15.4% and included $10.8 million of discrete tax benefits related to share‑based compensation.

Carpenter Technology (CRS) director reported an automatic option exercise of 3,433 shares at $34.76 on October 13, 2025. A separate transaction with code F recorded a disposition of 494 shares at $241.99 the same day. Following these transactions, the director beneficially owns 26,339 shares directly.

The option was originally granted on 10/13/2016 and, per the award terms, was automatically exercised on the last business day before its 10/13/2025 expiration.

Carpenter Technology Corp (CRS) Form 4/A reports director Howard H. Yu received equity awards on 10/07/2025. He was granted 557 director stock units that convert 1-for-1 into common stock and are payable upon the later of separation of service or a specified date/event. He also received a director stock option covering 304 shares with an exercise price of $256.27, exercisable beginning 10/07/2026 and expiring 10/07/2035. The Form shows 1,392.2 shares beneficially owned following the transactions (including previously unreported dividend equivalents). The filing was signed via POA on 10/09/2025.

Ramin Younessi, a director of Carpenter Technology Corporation (CRS), received equity awards on 10/07/2025 under the companys non-employee director plan. The filing shows 557 Director Stock Units (convertible 1-for-1 into common shares and payable upon separation or a specified date/event) and an award of 304 stock options with an exercise price of $256.27, exercisable beginning 10/07/2026 and expiring 10/07/2035. After these grants the reporting persons beneficial ownership is reported as 10,666.8 shares (including dividend equivalents). The RSUs include dividend equivalents and both awards were issued as standard director compensation.

Carpenter Technology Corporation director Stephen M. Ward Jr. reported awards and option grants dated 10/07/2025. He was granted 557 Director Stock Units that convert to common stock on a one-for-one basis and are payable upon separation of service or a specified date/event. He was also granted a Director Stock Option to buy 304 shares at a $256.27 exercise price, exercisable beginning 10/07/2026 and expiring 10/07/2035. Following these grants, the form shows 77,094.1065 shares beneficially owned by the reporting person (direct ownership).

Carpenter Technology Corporation (CRS) reported insider awards for a non-employee director. On 10/07/2025, the director was granted 557 restricted stock units (RSUs) that convert 1-for-1 into common shares and an option for 304 shares with an exercise price of $256.27 per share. The RSUs are payable upon the later of separation of service or a specified date/event and include dividend equivalents. The option becomes exercisable on 10/07/2026 and expires on 10/07/2035557 RSUs and an option covering 304 shares.

Carpenter Technology director Charles D. McLane Jr. received equity awards on 10/07/2025. The filing shows 557 director stock units that convert on a one-for-one basis to common stock and are payable upon the later of separation of service or a specified date/event. The report also shows a granted option to purchase 304 shares at an exercise price of $256.27, exercisable beginning 10/07/2026 and expiring 10/07/2035. Following these reported transactions the filing lists beneficial ownership figures of 557 common shares from the units and 304 shares underlying the option.

Carpenter Technology Corp (CRS) reported an insider grant to director Kathleen Ligocki on 10/07/2025. She received 557 director stock units that convert 1-for-1 into common shares and are payable upon separation of service or a specified event, and was granted an option to buy 304 shares at a $256.27 exercise price exercisable beginning 10/07/2026 with a 10/07/2035 expiration. After these awards, the reporting person beneficially owned 25,754.12 shares (includes dividend equivalents). The grants were made under the Carpenter Technology Corporation stock-based compensation plan for non-employee directors and were reported on Form 4.