Carpenter Technology (NYSE: CRS) VP gets 2,584-share performance award
Rhea-AI Filing Summary
Carpenter Technology vice president and chief accounting officer Elizabeth A. Socci received 2,584 shares of common stock on July 14, 2026 from a performance-based restricted stock unit award effective August 15, 2023, after board committees certified results for the performance period ending June 30, 2026.
In connection with this vesting, 1,128 shares were withheld to satisfy tax obligations at $576.87 per share, and Socci now holds 11,728 shares of Carpenter Technology common stock directly.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SOCCI ELIZABETH A
Role
VP, Contr & Ch Acctg Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,584 | -- | -- |
| Tax Withholding | Common Stock | 1,128 | $576.87 | $651K |
Holdings After Transaction:
Common Stock — 11,728 shares (Direct)
Footnotes (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 acquired from award: 2,584 shares
Shares withheld for taxes: 1,128 shares
Tax withholding price: $576.87 per share
+3 more
6 metrics
Shares acquired from award
2,584 shares
Performance-based restricted stock unit award effective August 15, 2023, certified July 14, 2026
Shares withheld for taxes
1,128 shares
Withheld in connection with vesting of the performance award on July 14, 2026
Tax withholding price
$576.87 per share
Value applied to 1,128 shares withheld to satisfy tax obligations
Shares owned after transactions
11,728 shares
Direct Carpenter Technology common stock held by Elizabeth A. Socci after July 14, 2026 transactions
Performance period end date
June 30, 2026
End of performance period for the restricted stock unit award
Award grant date
August 15, 2023
Effective grant date of the performance-based restricted stock unit award
Key Terms
performance-based restricted stock unit award, performance period, Stock-Based Compensation Plan for Officers and Key Employees
3 terms
performance-based restricted stock unit award financial
"The reporting person was granted a performance-based restricted stock unit award with an effective grant date of August 15, 2023"
A performance-based restricted stock unit award is a promise to give company shares to an employee or executive only if the business hits specific targets over a set period. Think of it as a conditional prize that vests like a savings plan: if agreed goals (such as revenue, profit, or stock performance) are met, the recipient receives the shares; if not, they get nothing. Investors pay attention because these awards align management incentives with company results and can affect share count, future earnings and executive behavior.
performance period financial
"and performance period ending June 30, 2026"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
Stock-Based Compensation Plan for Officers and Key Employees financial
"under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Carpenter Technology (CRS) report for Elizabeth A. Socci?
Elizabeth A. Socci received 2,584 shares of Carpenter Technology common stock on July 14, 2026 from a performance-based restricted stock unit award, with 1,128 shares withheld to satisfy tax obligations related to the vesting under the company’s stock-based compensation plan.
What is the origin and performance period of Elizabeth Socci’s award at CRS?
Socci’s shares relate to a performance-based restricted stock unit award with an effective grant date of August 15, 2023 and a performance period ending June 30, 2026, for which financial results and performance achievement were certified on July 14, 2026.
What is Elizabeth Socci’s position at Carpenter Technology (CRS)?
Elizabeth A. Socci is identified as an officer of Carpenter Technology with the title “VP, Contr & Ch Acctg Officer”, indicating a senior finance and accounting leadership role within the company.