STOCK TITAN

Carpenter Tech (NYSE: CRS) insider sets 2026 share sale with broker

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

CARPENTER TECHNOLOGY CORP (CRS) received a notice that affiliated person Tony Thene intends to rely on Rule 144 to sell up to 51,827 shares of common stock through Morgan Stanley Smith Barney LLC. The filing shows an aggregate market value of about $25,072,741.68 for these planned sales, compared with 49,558,566 common shares outstanding. The shares relate to 38,947 performance shares vesting around 06/30/2026 and 12,880 restricted stock units vesting around 08/15/2026.

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Shares proposed to be sold 51,827 shares Common stock covered by the Rule 144 notice
Aggregate market value $25,072,741.68 Market value of the 51,827 CRS shares proposed for sale
Shares outstanding 49,558,566 shares CRS common shares outstanding as reported in the notice
Performance shares 38,947 shares Performance shares expected to be available on 06/30/2026
Restricted stock 12,880 shares Restricted stock expected to be available on 08/15/2026
Planned sale date 08/25/2026 Approximate date of proposed sale under Rule 144
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 | 06/30/2026 | 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 | 08/15/2026 | 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.
Aggregate market value financial
"51827 | 25072741.68 | 49558566 | 08/25/2026 | 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 mean for CARPENTER TECHNOLOGY CORP (CRS)?

The Form 144 states that Tony Thene, an affiliated person of CARPENTER TECHNOLOGY CORP, has given notice of an intent to sell up to 51,827 CRS common shares under Rule 144, subject to applicable conditions and timing.

How many CRS shares are planned for sale in this Form 144?

The notice covers up to 51,827 CRS common shares. These consist of 38,947 performance shares and 12,880 restricted stock shares expected to be available around mid-2026.

What is the aggregate market value of the CRS shares in this Form 144?

The Form 144 lists an aggregate market value of approximately $25,072,741.68 for the 51,827 CRS common shares covered by the notice of proposed sale.

How does the planned CRS sale compare to total shares outstanding?

The filing reports 49,558,566 CRS common shares outstanding. The proposed sale of 51,827 shares represents only a small fraction of the total outstanding common stock.

Who is handling the brokerage for the planned CRS share sale?

The Form 144 identifies Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, as the broker for the proposed sale of CRS common shares.

On which exchange are the CRS shares listed for this Form 144 sale?

The Form 144 indicates that the CRS common shares covered by the notice are listed on the NYSE.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature