Carpenter Technology (CRS) executive gains 12,912-share award, 5,929 withheld for taxes

Rhea-AI Filing Summary

Carpenter Technology Corp reported that VP and Chief Commercial Officer Marshall D. Akins had a performance-based restricted stock unit award, originally granted August 15, 2023, vest following a performance period ending June 30, 2026. On July 14, 2026, committees of the board approved financial results and certified target achievement, triggering delivery of 12912.0000 shares of common stock. In connection with this vesting, 5929.0000 shares were withheld to satisfy tax obligations, and Akins now directly holds 31255.7700 shares of Carpenter Technology common stock.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider AKINS MARSHALL D

Role VP and Chief Comm Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	12,912	--	--
Tax Withholding	Common Stock	5,929	$576.87	$3.42M

Holdings After Transaction: Common Stock — 31,255.77 shares (Direct)

Footnotes (1)

1. The reporting person was granted a performance-based restricted stock unit award with an effective grant date of August 15, 2023, and performance period ending June 30, 2026. The financial results were confirmed and approved on July 14, 2026, by the Audit/Finance Committee of Carpenter's Board of Directors and, on July 14, 2026, the Human Capital Management Committee of Carpenter's Board of Directors certified the achievement of the performance targets based on the approved financial results. In connection with the vesting of reported performance award under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.

Key Figures

Shares awarded: 12912.0000 shares Shares withheld for taxes: 5929.0000 shares Shares owned after transactions: 31255.7700 shares +1 more

4 metrics

Shares awarded 12912.0000 shares Performance-based restricted stock unit award vesting on July 14, 2026

Shares withheld for taxes 5929.0000 shares Tax-withholding disposition related to vesting on July 14, 2026

Shares owned after transactions 31255.7700 shares Direct ownership of Carpenter Technology common stock after July 14, 2026 transactions

Tax-withholding price per share $576.8700 per share Price reported for 5929.0000-share tax-withholding disposition

Key Terms

performance-based restricted stock unit, vesting, Stock-Based Compensation Plan for Officers and Key Employees, Audit/Finance Committee, +1 more

5 terms

performance-based restricted stock unit financial

"The reporting person was granted a performance-based restricted stock unit award"

A performance-based restricted stock unit is a promise of company shares given to an employee that only becomes actual stock if specific performance targets are met and any required time at the company is completed. For investors, these awards matter because they can dilute existing shares when earned and signal management’s confidence or the company’s expected future performance, much like a bonus cheque that only clears when pre-set goals are reached.

vesting financial

"In connection with the vesting of reported performance award under the Carpenter"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Stock-Based Compensation Plan for Officers and Key Employees financial

"under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees"

Audit/Finance Committee financial

"approved on July 14, 2026, by the Audit/Finance Committee of Carpenter's Board"

Human Capital Management Committee financial

"the Human Capital Management Committee of Carpenter's Board of Directors certified"

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

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/16/2026 - 04:42 PM Accepted by SEC EDGAR 07/16/2026 - 04:41 PM Learn about SEC filing dates

FAQ

What insider equity award did CRS executive Marshall D. Akins receive?

Marshall D. Akins received a vested performance-based restricted stock unit award delivering 12912.0000 shares of Carpenter Technology common stock. The award was granted August 15, 2023, with a performance period through June 30, 2026, and certification of results on July 14, 2026.

How many CRS shares were withheld for taxes in Marshall Akins’ Form 4?

In connection with the vesting of the performance-based award, 5929.0000 shares of Carpenter Technology common stock were withheld to satisfy tax obligations. This tax-withholding disposition is coded as an “F” transaction and is not an open-market sale.

How many CRS shares does Marshall D. Akins own after these transactions?

Following the July 14, 2026 transactions, Marshall D. Akins directly holds 31255.7700 shares of Carpenter Technology common stock. This figure reflects both the vested award and the shares withheld to cover related tax liabilities.

What was the performance period for the CRS restricted stock unit award?

The performance-based restricted stock unit award to Marshall D. Akins had a performance period ending on June 30, 2026. The underlying financial results were confirmed and approved on July 14, 2026, and performance target achievement was certified the same day.

Which Carpenter Technology board committees approved the CRS performance award results?

The Audit/Finance Committee confirmed and approved the financial results on July 14, 2026, and the Human Capital Management Committee certified achievement of the performance targets for Marshall D. Akins’ performance-based restricted stock unit award that same day.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

AKINS MARSHALL D

(Last) (First) (Middle)

CARPENTER TECHNOLOGY CORPORATION

1735 MARKET STREET, 15TH FLOOR

(Street)

PHILADELPHIA PENNSYLVANIA 19103

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CARPENTER TECHNOLOGY CORP [ CRS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP and Chief Comm Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/14/2026		A		12,912	A	(1)	31,255.77	D
Common Stock	07/14/2026		F(2)		5,929	D	$576.87	25,326.77	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person was granted a performance-based restricted stock unit award with an effective grant date of August 15, 2023, and performance period ending June 30, 2026. The financial results were confirmed and approved on July 14, 2026, by the Audit/Finance Committee of Carpenter's Board of Directors and, on July 14, 2026, the Human Capital Management Committee of Carpenter's Board of Directors certified the achievement of the performance targets based on the approved financial results.

2. In connection with the vesting of reported performance award under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.

	James D. Dee/POA	07/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)