STOCK TITAN

Carpenter Tech (NYSE: CRS) CEO keeps 467K-share stake after latest sale

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

CARPENTER TECHNOLOGY CORP (CRS) reports that on August 25, 2026, Chairman, President and Chief Executive Officer Tony R. Thene sold 109,283 shares of Carpenter Technology common stock. The company states the sale was for estate planning, tax planning and financial diversification purposes.

After this transaction, Mr. Thene continues to beneficially own 466,697 shares of common stock, including shares held directly, through family trusts, and restricted share units that vest over time. Carpenter Technology notes that these holdings place him among its 20 largest stockholders as of the report date and describes them as reflecting his continued confidence in the company’s outlook and long-term stockholder value creation.

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Item 7.01 Regulation FD Disclosure Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Shares sold by CEO 109,283 shares Common stock sold by Tony R. Thene on August 25, 2026
Shares beneficially owned by CEO after sale 466,697 shares Beneficial ownership including direct holdings, family trusts and RSUs
Stockholder rank of CEO Among 20 largest stockholders Relative ownership position in Carpenter Technology as of report date
Form type Form 8-K Regulation FD Disclosure regarding CEO stock sale
Regulation FD Disclosure regulatory
"Item 7.01 - Regulation FD Disclosure."
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
beneficially own financial
"Following the sale, Mr. Thene continues to beneficially own 466,697 shares"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
restricted share units financial
"as well as restricted share units that vest over time"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

FAQ

What insider stock sale did CRS disclose on August 25, 2026?

CRS disclosed that CEO Tony R. Thene sold 109,283 shares of Carpenter Technology common stock on August 25, 2026. The company states the sale was made for estate planning, tax planning and financial diversification purposes.

How many CRS shares does CEO Tony Thene still own after the sale?

After the reported sale, Tony R. Thene continues to beneficially own 466,697 shares of Carpenter Technology common stock. This figure includes shares held directly, through family trusts, and restricted share units that vest over time.

What reasons did Carpenter Technology (CRS) give for the CEO’s share sale?

Carpenter Technology states that CEO Tony R. Thene’s sale of 109,283 shares was undertaken for estate planning, tax planning and financial diversification purposes, according to the company’s disclosure under Regulation FD.

What is Tony Thene’s relative ownership position in CRS after the transaction?

Carpenter Technology reports that Tony R. Thene’s 466,697-share beneficial ownership places him among the company’s 20 largest stockholders as of the date of the report.

How did CRS characterize the CEO’s view of the company after the share sale?

Carpenter Technology states that Tony R. Thene’s remaining holdings, including 466,697 shares and restricted share units, reflect his continued confidence in the company’s outlook and its ability to create long-term stockholder value.

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

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Learn about SEC filing dates
0000017843FALSE00000178432026-08-252026-08-25

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________________________
FORM 8-K
___________________________________
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934

Date of Report: August 25, 2026
___________________________________
CARPENTER TECHNOLOGY CORPORATION
(Exact name of registrant as specified in its charter)
___________________________________

Delaware
(State or other jurisdiction of
incorporation or organization)
1-5828
(Commission File Number)
23-0458500
(I.R.S. Employer Identification Number)
1735 Market Street
Philadelphia, PA
19103
(Address of principal executive offices)
(Zip Code)
(610) 208-2000
(Registrant's telephone number, including area code)
___________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock, $5 Par Value
CRS
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b.2 of this chapter).
Emerging growth company    
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐



Item 7.01 - Regulation FD Disclosure.

On August 25, 2026, Tony R. Thene, Chairman, President and Chief Executive Officer of Carpenter Technology Corporation (the “Company”), sold 109,283 shares of the Company’s common stock (“Common Stock”) for estate planning, tax planning and financial diversification purposes.

Following the sale, Mr. Thene continues to beneficially own 466,697 shares of Common Stock, including shares held directly or through family trusts, as well as restricted share units that vest over time. These holdings position Mr. Thene among the Company’s 20 largest stockholders as of the date of this Current Report on Form 8-K and reflect his continued confidence in the Company’s outlook and ability to create long-term stockholder value.

Item 9.01 - Financial Statements and Exhibits.
(d): Exhibits:

Exhibit No.
Description
104
Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)



SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CARPENTER TECHNOLOGY CORPORATION
By:
/s/ Timothy Lain
Name:
Timothy Lain
Title:
Senior Vice President and Chief Financial Officer
Date: August 25, 2026

Filing Exhibits & Attachments

3 documents