Carpenter Tech trust plans $27.8M stock sale

CARPENTER TECHNOLOGY CORP (CRS) is the issuer for a planned resale of its common stock under Rule 144 by the Thene Revocable Living Trust.

Rhea-AI Filing Summary

CARPENTER TECHNOLOGY CORP (CRS) is the issuer for a planned resale of its common stock under Rule 144 by the Thene Revocable Living Trust. The trust has notified of intent to sell 57,456 shares of CRS common stock through Morgan Stanley Smith Barney LLC on the NYSE, with specific tranches tied to vested performance shares and restricted stock.

Key Figures

Shares to be sold: 57,456 shares of common stock Aggregate market value: $27,803,015.86 Shares outstanding: 49,558,566 shares +4 more

7 metrics

Shares to be sold 57,456 shares of common stock Number of CRS shares covered by the Rule 144 notice

Aggregate market value $27,803,015.86 Aggregate market value of 57,456 CRS shares to be sold

Shares outstanding 49,558,566 shares CRS common shares outstanding referenced in the notice

Performance shares tranche 1 19,000 shares Performance shares dated 07/12/2025 from issuer

Performance shares tranche 2 38,100 shares Performance shares dated 07/15/2025 from issuer

Restricted stock 356 shares Restricted stock dated 08/15/2025 from issuer

Planned sale date reference 08/25/2026 Approximate date of sale for CRS shares on NYSE

Key Terms

Rule 144, Performance Shares, Restricted Stock, Revocable Living Trust

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.

Performance Shares financial

"Common | 07/12/2025 | Performance Shares | Issuer"

Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.

Restricted Stock financial

"Common | 08/15/2025 | Restricted Stock | Issuer"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Revocable Living Trust financial

"Name of Person for Whose Account the Securities are To Be Sold | THENE REVOCABLE LIVING TRUST"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What amount of CRS common stock is covered by this Rule 144 notice?

The notice covers 57,456 shares of Carpenter Technology Corp (CRS) common stock. These shares are planned to be sold through Morgan Stanley Smith Barney LLC on the NYSE subject to Rule 144 conditions.

Who is selling Carpenter Technology (CRS) shares under this Rule 144 notice?

The seller is the Thene Revocable Living Trust, for whose account the CRS common stock is to be sold, using Morgan Stanley Smith Barney LLC as broker.

What is the aggregate market value of CRS shares in this planned Rule 144 sale?

The aggregate market value of the 57,456 CRS shares covered by the notice is stated as $27,803,015.86 at the time of the notice.

How many Carpenter Technology (CRS) shares are outstanding as referenced in this notice?

The notice references 49,558,566 CRS common shares outstanding in connection with the Rule 144 sale disclosure.

What are the key dates and types of CRS equity awards involved in this Rule 144 sale?

Planned sales include 19,000 performance shares dated 07/12/2025, 38,100 performance shares dated 07/15/2025, and 356 restricted stock shares dated 08/15/2025, all acquired from the issuer.

On which exchange are the CRS shares in this Rule 144 notice to be sold?

The CRS common shares covered by the Rule 144 notice are indicated to be sold on the NYSE.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/25/2026 - 05:08 PM EDT Accepted by SEC EDGAR 08/25/2026 - 05:08 PM EDT Learn about SEC filing dates

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	0001420435
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	CARPENTER TECHNOLOGY CORPORATION
SEC File Number	001-05828
Address of Issuer	1735 Market Street Philadelphia PENNSYLVANIA 19103
Phone	610-208-2000
Name of Person for Whose Account the Securities are To Be Sold	THENE REVOCABLE LIVING TRUST
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	Officer
Relationship to Issuer	Director

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	57456	27803015.86	49558566	08/25/2026	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	07/12/2025	Performance Shares	Issuer			19000	07/12/2025	Not Applicable
Common	07/15/2025	Performance Shares	Issuer			38100	07/15/2025	Not Applicable
Common	08/15/2025	Restricted Stock	Issuer			356	08/15/2025	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	08/25/2026
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	/s/ Tony R.Thene
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)