Director at Carpenter (NYSE: CRS) sells 6,500 common shares

Rhea-AI Filing Summary

Carpenter Technology director Steven E. Karol reported selling a total of 6,500 shares of common stock. He sold 3,000 shares in a direct open-market sale at $380.00 per share and 3,500 shares in an indirect open-market sale at an average price of $381.1227 per share, held by affiliates of the reporting person. After these transactions, he directly owned 177,000 shares and indirectly owned 225,381 shares. A footnote explains that the $381.1227 figure is an average price, with individual trades between $381.04 and $381.18 per share.

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

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OMB Number:			3235-0287
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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^*

KAROL STEVEN E

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/19/2026

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	02/19/2026		S		3,000	D	$380	177,000	D
Common Stock	02/19/2026		S		3,500	D	$381.1227(1)	225,381	I	Held by Affiliates of Reporting Person

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 price reported is an average of the total transactions executed for the day, with the individual transactions ranging from a low of $381.04 per share to a high of $381.18 per share.

	James D. Dee/POA	02/23/2026
	** 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.

FAQ

What insider transactions did CRS director Steven E. Karol report?

Steven E. Karol reported selling a total of 6,500 Carpenter Technology (CRS) common shares. The transactions included 3,000 shares sold directly and 3,500 shares sold indirectly through affiliates, both as open-market sales on February 19, 2026, at prices around $380 per share.

How many CRS shares did Steven E. Karol sell directly and at what price?

Steven E. Karol sold 3,000 Carpenter Technology (CRS) shares directly in an open-market transaction. The reported sale price was $380.00 per share, reflecting a straightforward non-derivative sale of common stock executed on February 19, 2026, under his direct ownership.

What is the nature of Steven E. Karol’s indirect CRS share sale?

Karol’s indirect sale involved 3,500 Carpenter Technology (CRS) shares held by affiliates of the reporting person. These common shares were sold in the open market at an average price of $381.1227 per share, with ownership classified as indirect rather than personally held.

How many CRS shares does Steven E. Karol own after these transactions?

After the reported sales, Steven E. Karol directly owned 177,000 Carpenter Technology (CRS) shares. He also had indirect ownership of 225,381 shares held by affiliates, according to the filing’s post-transaction share counts for direct and indirect positions.

What price range did the indirect CRS share sales cover for Steven E. Karol?

The indirect sales used an average price of $381.1227 per Carpenter Technology (CRS) share. A footnote explains this average reflects individual trades ranging from a low of $381.04 per share to a high of $381.18 per share during the trading day.

Were Steven E. Karol’s CRS transactions classified as open-market sales?

Yes, both transactions were coded “S” and described as sales in the open market or private transaction. They involved non-derivative common stock and reflected typical open-market sale activity rather than option exercises or derivative-related movements.