Carpenter Technology (NYSE: CRS) SVP reports RSU vesting and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CARPENTER TECHNOLOGY CORP senior vice president, general counsel and secretary James D. Dee reported vesting of a performance-based restricted stock unit award originally granted on August 15, 2023, after performance for the period through June 30, 2026 was certified on July 14, 2026. On that date, he received a grant of 12,052 common shares and had 5,534 shares withheld to satisfy tax obligations, resulting in direct ownership of 85,798.65 common shares.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DEE JAMES D
Role
SVP, Gen Counsel & Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,052 | -- | -- |
| Tax Withholding | Common Stock | 5,534 | $576.87 | $3.19M |
Holdings After Transaction:
Common Stock — 85,798.65 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. Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program. 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 granted: 12052.0000 shares
Tax-withheld shares: 5534.0000 shares
Tax withholding reference price: $576.8700 per share
+1 more
4 metrics
Shares granted
12052.0000 shares
Performance-based restricted stock unit award vested for James D. Dee on July 14, 2026
Tax-withheld shares
5534.0000 shares
Shares delivered to satisfy tax obligations related to award vesting on July 14, 2026
Tax withholding reference price
$576.8700 per share
Reference price for the 5,534-share tax-withholding disposition of common stock
Shares owned after transactions
85798.6500 shares
Direct Carpenter Technology common stock holdings of James D. Dee after July 14, 2026 transactions
Key Terms
performance-based restricted stock unit award, Dividend Reinvestment Program, Stock-Based Compensation Plan for Officers and Key Employees, tax-withholding disposition
4 terms
performance-based restricted stock unit award financial
"was granted a performance-based restricted stock unit award with an effective grant date"
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.
Dividend Reinvestment Program financial
"Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program"
A dividend reinvestment program lets investors automatically use cash dividends to buy more shares of the same company instead of taking the money as cash. Think of it like an automatic savings plan that turns small payouts into additional ownership, often including fractional shares, which can speed up compound growth and reduce the need for manual buying decisions — a convenience that can boost long-term returns for shareholders.
Stock-Based Compensation Plan for Officers and Key Employees financial
"vesting of reported performance award under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees"
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities describes a tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did Carpenter Technology (CRS) SVP James D. Dee report on July 14, 2026?
James D. Dee reported vesting of a performance-based stock award. He acquired 12,052 Carpenter Technology common shares and had 5,534 shares withheld to cover taxes, reflecting compensation rather than open‑market trading.
What was the performance period for the Carpenter Technology (CRS) performance-based RSU award?
The performance-based restricted stock unit award had a performance period ending June 30, 2026. It was originally granted effective August 15, 2023, with achievement of performance targets certified by board committees on July 14, 2026.