Carpenter Tech director plans $1.55M stock sale
CARPENTER TECHNOLOGY CORP (CRS) received a Form 144 notice indicating that director Steven E. Karol intends to sell up to 3,275 shares of its common stock.
Rhea-AI Filing Summary
CARPENTER TECHNOLOGY CORP (CRS) received a Form 144 notice indicating that director Steven E. Karol intends to sell up to 3,275 shares of its common stock. The shares relate to a Stock Option Exercise for cash, with a proposed sale date of September 4, 2026 on the NYSE through Morgan Stanley Smith Barney LLC.
The filing reports an aggregate market value for the proposed sale of $1,552,617.57.
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Key Figures
Shares proposed to be sold: 3,275 shares
Aggregate market value: $1,552,617.57
Proposed sale date: September 4, 2026
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5 metrics
Shares proposed to be sold
3,275 shares
Common stock covered by the Form 144 notice
Aggregate market value
$1,552,617.57
Estimated value of the 3,275 common shares to be sold
Proposed sale date
September 4, 2026
Date listed for sale of the common shares
Security type
Common stock
Class of Carpenter Technology securities covered by the notice
Listing exchange
NYSE
Exchange indicated for trading the common shares
Key Terms
Rule 144, Form 144, Stock Option Exercise, aggregate market value
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Form 144 regulatory
"144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Common | 09/04/2026 | Stock Option Exercise | Issuer"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
aggregate market value financial
"3275 | 1552617.57 | 49558566 | 09/04/2026 | NYSE"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing disclose for CARPENTER TECHNOLOGY CORP (CRS)?
It discloses that director Steven E. Karol filed a notice under Rule 144 to sell up to 3,275 shares of Carpenter Technology common stock, with an aggregate market value of $1,552,617.57, in connection with a stock option exercise.
What is the relationship of the seller to CARPENTER TECHNOLOGY CORP (CRS)?
The seller, Steven E. Karol, is identified in the Form 144 as a Director of Carpenter Technology Corporation. The notice covers shares to be sold for his account following a stock option exercise.
AI-generated analysis. How Rhea-AI works. Not financial advice.