Director at Carpenter Technology (NYSE: CRS) exercises options, sells shares

Rhea-AI Filing Summary

Carpenter Technology Corporation director Anastasio John Hart exercised stock options and sold the resulting shares. On May 4, 2026, he exercised options to acquire 750 shares of Common Stock at $45.1200 per share under the Stock Based Compensation Plan for Non-Employee Directors. The same day, he completed an open-market sale of 750 Common Stock shares at an average price of $423.8621 per share, with individual trade prices ranging from $423.52 to $424.18. After these transactions, he held no Common Stock directly and retained 3,250 Director Stock Options (Right to Buy) expiring on February 14, 2029.

Insider Trade Summary

Net Seller: 750 shares ($317,897)

Net Sell 3 txns

Insider HART ANASTASIOS JOHN

Role null

Sold 750 shs ($318K)

Type	Security	Shares	Price	Value
Exercise	Director Stock Option (Right to Buy)	750	$0.00	--
Exercise	Common Stock	750	$45.12	$34K
Sale	Common Stock	750	$423.8621	$318K

Holdings After Transaction: Director Stock Option (Right to Buy) — 3,250 shares (Direct, null); Common Stock — 750 shares (Direct, null)

Footnotes (1)

1. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $423.52 per share to a high of $424.18 per share. The reporting person was granted an option to purchase stock under the Carpenter Technology Corporation Stock Based Compensation Plan for Non-Employee Directors.

Key Figures

Shares sold: 750 shares Average sale price: $423.8621 per share Sale price range: $423.52–$424.18 per share +5 more

8 metrics

Shares sold 750 shares Open-market sale of Common Stock on May 4, 2026

Average sale price $423.8621 per share Common Stock sale on May 4, 2026

Sale price range $423.52–$424.18 per share Individual trades during May 4, 2026 sale

Shares acquired via exercise 750 shares Option exercise of Common Stock on May 4, 2026

Option exercise price $45.1200 per share Director Stock Option exercise into Common Stock

Options remaining 3,250 options Director Stock Options (Right to Buy) after transaction

Option expiration date February 14, 2029 Director Stock Options (Right to Buy)

Common shares after sale 0 shares Total Common Stock directly held following transaction

Key Terms

open-market sale, derivative exercise/conversion, Director Stock Option (Right to Buy), Stock Based Compensation Plan for Non-Employee Directors, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale" for 750 Common Stock shares"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

derivative exercise/conversion financial

"transaction_action: "derivative exercise/conversion" for option-related entries"

Director Stock Option (Right to Buy) financial

"security_title: "Director Stock Option (Right to Buy)" in derivative transaction"

Stock Based Compensation Plan for Non-Employee Directors financial

"granted an option to purchase stock under the Carpenter Technology Corporation Stock Based Compensation Plan for Non-Employee Directors"

Common Stock financial

"security_title: "Common Stock" in non-derivative transactions"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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^*

HART ANASTASIOS JOHN

(Last) (First) (Middle)

C/O CARPENTER TECHNOLOGY CORPORATION

1735 MARKET STREET, 15TH FL

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/04/2026

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	05/04/2026		M		750	A	$45.12	750	D
Common Stock	05/04/2026		S		750	D	$423.8621(1)	0	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
Director Stock Option (Right to Buy)	$45.12	05/04/2026		M			750	02/14/2020	02/14/2029	Common Stock	750	(2)	3,250	D

Explanation of Responses:

1. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $423.52 per share to a high of $424.18 per share.

2. The reporting person was granted an option to purchase stock under the Carpenter Technology Corporation Stock Based Compensation Plan for Non-Employee Directors.

	James D. Dee/POA	05/06/2026
	** 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)

FAQ

What did director Anastasio John Hart do in the latest CRS insider transaction?

Director Anastasio John Hart exercised options to acquire 750 Carpenter Technology shares at $45.1200 and immediately sold 750 shares in the open market at an average of $423.8621 per share, completing an exercise-and-sell transaction.

At what prices did the Carpenter Technology (CRS) director sell his shares?

Hart’s 750-share sale of Carpenter Technology Common Stock was executed at an average price of $423.8621 per share. According to the filing, individual trades during the day ranged from a low of $423.52 to a high of $424.18 per share.

How many Carpenter Technology shares does the director hold after this Form 4 transaction?

Following the reported transactions, Hart holds 0 shares of Carpenter Technology Common Stock directly. The filing shows total shares following the sale as 0.0000, indicating that all directly held common shares involved in this transaction were sold.

What stock options does the Carpenter Technology director retain after exercising and selling shares?

After exercising and selling shares, Hart retains 3,250 Director Stock Options (Right to Buy). These options, granted under the Stock Based Compensation Plan for Non-Employee Directors, carry a $45.1200 exercise price and an expiration date of February 14, 2029.

What type of insider transaction was reported for Carpenter Technology (CRS)?

The filing reports an exercise-and-sell pattern. Hart exercised stock options to acquire 750 Common Stock shares at $45.1200, then executed an open-market sale of 750 shares at an average of $423.8621, leaving no direct share holdings.