[144] Carpenter Technology Corp SEC Filing

Rhea-AI Filing Summary

Carpenter Technology Corp (CRS) insider has filed a Form 144 to notify a proposed sale of 19,000 common shares through Morgan Stanley Smith Barney LLC, with an approximate sale date of 08/18/2025. The filing shows the shares were acquired as performance shares on 06/30/2025 and the aggregate market value of the shares at filing is reported as $4,654,836.60. The issuer's outstanding common shares are listed as 49,850,095, and no other sales by this person in the past three months are reported. The form includes the standard representation that the seller is not aware of undisclosed material adverse information about the issuer.

Positive

• Sale represents a small portion of outstanding shares (19,000 of 49,850,095, indicating limited potential market impact)
• Securities were acquired as performance shares, aligning compensation with company performance
• No sales by this person in the past three months are reported, suggesting this is an isolated disposition

Negative

• Insider intends to sell shares valued at $4,654,836.60, which may be viewed by some investors as insider selling
• Proposed sale is imminent (08/18/2025), requiring monitoring for execution and any subsequent filings

Insights

Securities Analyst

TL;DR: An insider is notifying a planned sale of recently awarded performance shares worth ~$4.65M, representing a small fraction of outstanding stock.

The filing documents a routine Form 144 notice for 19,000 shares acquired as performance awards on 06/30/2025 and proposed to be sold on 08/18/2025 via Morgan Stanley Smith Barney LLC. This is a regulatory disclosure of intent to sell and not an executed transaction; no sales in the prior three months are reported. The aggregate market value is stated as $4,654,836.60, with total common shares outstanding at 49,850,095, implying the proposed sale is a small percentage of the float. From a market-impact perspective this is unlikely to be material on its own but is relevant for insider activity monitoring.

Corporate Governance Expert

TL;DR: Filing appears to reflect a planned, routine sale of recently vested performance shares with standard insider representations.

The notice states the securities were granted by the issuer as performance shares and were acquired on 06/30/2025, with the seller certifying no undisclosed material adverse information. The use of a major broker and absence of prior sales in the past three months are consistent with a compliant, routine disposition. Governance implications are limited but this should be tracked alongside other insider transactions for trend analysis.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	19000	4654836.60	49850095	08/18/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/30/2025	Performance Shares	Issuer			19000	06/30/2025	Not Applicable

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the Form 144 filed for Carpenter Technology Corp (CRS) disclose?

The Form 144 discloses a proposed sale of 19,000 common shares through Morgan Stanley Smith Barney LLC, with an approximate sale date of 08/18/2025 and an aggregate market value of $4,654,836.60.

When were the shares being sold acquired according to the filing?

The filing states the shares were acquired as performance shares on 06/30/2025.

How large is the proposed sale relative to Carpenter Technology's outstanding shares?

The filing lists 49,850,095 shares outstanding; the proposed sale of 19,000 shares is a small fraction of that total.

Did the filer report other sales in the past three months?

The Form 144 indicates Nothing to Report for securities sold during the past three months by the person for whose account the securities are to be sold.

Which broker is handling the proposed sale?

The broker listed is Morgan Stanley Smith Barney LLC, Executive Financial Services, 1 New York Plaza, New York, NY.