Carpenter Technology (CRS) president & COO details option exercises, sales and gift

Rhea-AI Filing Summary

Carpenter Technology Corporation’s president and COO reported multiple insider transactions in company stock. On December 9–11, 2025, he executed several employee stock options, acquiring shares at exercise prices of $39.02, $40.43, $44.13, and $58.94 per share under the company’s stock-based incentive plans. Over the same period, he sold a series of common stock blocks in open-market transactions at average prices generally between about $300 and $310 per share, and also reported a gift of 3,300 shares as a charitable contribution. Following these transactions, he directly beneficially owned 78,875.25 shares of common stock, which include shares acquired through the company’s dividend reinvestment program.

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^*

Malloy Brian J

(Last) (First) (Middle)

CARPENTER TECHNOLOGY CORPORATION

1735 MARKET STREET, 15TH FL

(Street)

PHILADELPHIA PA 19103

(City) (State) (Zip)

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)
	President and COO

3. Date of Earliest Transaction (Month/Day/Year)
12/09/2025

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

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

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

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	12/09/2025		G		3,300	D	(1)	75,573.25(2)	D
Common Stock	12/09/2025		M		5,774	A	$39.02	81,347.25	D
Common Stock	12/09/2025		M		25,168	A	$39.02	106,515.25	D
Common Stock	12/09/2025		S		6,741	D	$303.7385(3)	99,774.25	D
Common Stock	12/09/2025		S		7,326	D	$304.516(4)	92,448.25	D
Common Stock	12/09/2025		S		5,061	D	$305.6498(5)	87,387.25	D
Common Stock	12/09/2025		S		1,904	D	$306.4551(6)	85,483.25	D
Common Stock	12/09/2025		S		980	D	$307.6761(7)	84,503.25	D
Common Stock	12/09/2025		S		741	D	$308.6146(8)	83,762.25	D
Common Stock	12/09/2025		S		1,089	D	$310.204(9)	82,673.25	D
Common Stock	12/09/2025		S		3,193	D	$307.9863(10)	79,480.25	D
Common Stock	12/09/2025		S		605	D	$308.532(11)	78,875.25	D
Common Stock	12/10/2025		M		31,813	A	$39.02	110,688.25	D
Common Stock	12/10/2025		M		5,505	A	$40.43	116,193.25	D
Common Stock	12/10/2025		M		4,276	A	$58.94	120,469.25	D
Common Stock	12/10/2025		M		2,094	A	$44.13	122,563.25	D
Common Stock	12/10/2025		S		1,600	D	$300.2512(12)	120,963.25	D
Common Stock	12/10/2025		S		3,287	D	$301.6492(13)	117,676.25	D
Common Stock	12/10/2025		S		5,545	D	$302.6155(14)	112,131.25	D
Common Stock	12/10/2025		S		5,681	D	$303.4482(15)	106,450.25	D
Common Stock	12/10/2025		S		6,108	D	$304.4736(16)	100,342.25	D
Common Stock	12/10/2025		S		11,894	D	$305.5458(17)	88,448.25	D
Common Stock	12/10/2025		S		9,473	D	$306.4055(18)	78,975.25	D
Common Stock	12/10/2025		S		100	D	$307.45	78,875.25	D
Common Stock	12/11/2025		M		4,130	A	$44.13	83,005.25	D
Common Stock	12/11/2025		S		2,000	D	$303	81,005.25	D
Common Stock	12/11/2025		S		2,130	D	$304	78,875.25	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
Employee Stock Option (Right to Buy)	$39.02	12/09/2025		M			5,774	(19)	08/01/2026	Common Stock	5,774	(20)	0	D
Employee Stock Option (Right to Buy)	$39.02	12/09/2025		M			25,168	08/01/2019	08/01/2026	Common Stock	25,168	(20)	31,813	D
Employee Stock Option (Right to Buy)	$39.02	12/10/2025		M			31,813	08/01/2019	08/01/2026	Common Stock	31,813	(20)	0	D
Employee Stock Option (Right to Buy)	$40.43	12/10/2025		M			5,505	(21)	07/31/2027	Common Stock	5,505	(20)	0	D
Employee Stock Option (Right to Buy)	$58.94	12/10/2025		M			4,276	(22)	08/06/2028	Common Stock	4,276	(20)	0	D
Employee Stock Option (Right to Buy)	$44.13	12/10/2025		M			2,094	(23)	08/15/2029	Common Stock	2,094	(20)	4,130	D
Employee Stock Option (Right to Buy)	$44.13	12/11/2025		M			4,130	(23)	08/15/2029	Common Stock	4,130	(20)	0	D

Explanation of Responses:

1. This is a gift in the form of a charitable contribution.

2. Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program.

3. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $303.11 per share to a high of $304.10 per share.

4. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $304.11 per share to a high of $305.10 per share.

5. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $305.11 per share to a high of $306.10 per share.

6. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $306.15 per share to a high of $307.11 per share.

7. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $307.26 per share to a high of $307.85 per share.

8. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $308.31 per share to a high of $309.21 per share.

9. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $310.01 per share to a high of $310.60 per share.

10. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $307.44 per share to a high of $308.40 per share.

11. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $308.48 per share to a high of $308.59 per share.

12. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $300.00 per share to a high of $300.86 per share.

13. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $301.05 per share to a high of $302.04 per share.

14. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $302.05 per share to a high of $303.04 per share.

15. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $303.05 per share to a high of $304.01 per share.

16. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $304.05 per share to a high of $305.04 per share.

17. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $305.05 per share to a high of $306.04 per share.

18. The price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $306.05 per share to a high of $307.00 per share.

19. One-third of this award became exercisable on each of August 1, 2017, 2018 and 2019.

20. The reporting person was granted an option to buy shares of common stock under the Carpenter Technology Corporation Stock-Based Incentive Compensation Plan for Officers and Key Employees.

21. One-third of this award became exercisable on each of July 31, 2018, 2019 and 2020.

22. One-third of this award became exercisable on each of August 6, 2019, 2020 and 2021.

23. One-third of this award became exercisable on each of August 15, 2020, 2021 and 2022.

	James D. Dee/POA	12/11/2025
	** 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.

FAQ

What insider transactions did Carpenter Technology (CRS) report in this Form 4?

The president and COO of Carpenter Technology Corporation reported exercising multiple employee stock options and selling shares in open-market transactions, as well as making a charitable gift of common stock, all dated between December 9 and 11, 2025.

Who is the reporting person in Carpenter Technology (CRS) Form 4 and what is their role?

The reporting person is an officer of Carpenter Technology Corporation, serving as President and COO, and is required to report changes in beneficial ownership of company common stock.

How many Carpenter Technology (CRS) shares were gifted and for what purpose?

The Form 4 shows a transaction coded G for 3,300 shares of common stock, described as a gift in the form of a charitable contribution.

At what prices did the Carpenter Technology (CRS) executive exercise stock options?

The executive exercised employee stock options at exercise prices of $39.02, $40.43, $44.13, and $58.94 per share, tied to grants made under the company’s stock-based incentive compensation plan.

What were the approximate sale prices for the Carpenter Technology (CRS) shares sold?

The reported sale transactions show average prices generally around $300 to $310 per share, with detailed footnotes giving ranges for each day’s individual trades.

How many Carpenter Technology (CRS) shares does the executive beneficially own after these transactions?

After the reported transactions, the executive directly beneficially owned 78,875.25 shares of Carpenter Technology common stock, which includes shares acquired under the company’s Dividend Reinvestment Program.

What types of derivative securities are involved in this Carpenter Technology (CRS) Form 4?

The derivative transactions involve employee stock options (rights to buy) Carpenter Technology common stock, with specified exercise prices, vesting schedules, and expiration dates disclosed in the table and footnotes.