Carpenter Technology director exercises 3,275 options

Q: How many CRS shares were delivered or withheld in the transaction?

The transaction included 338 shares delivered or withheld for payment of exercise price or tax liability on October 9, 2026.

Q: When were the CRS director options automatically exercised?

The options were automatically exercised on the last business day before expiration pursuant to the Award Agreement. Their listed expiration date was October 11, 2026.

Q: What plan covered Stephen M. Ward Jr.'s CRS stock options?

The option was granted under the Carpenter Technology Corporation Stock Based Compensation Plan for Non-Employee Directors.

The options were exercised automatically on the last business day before expiration pursuant to the Award Agreement.

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Filing Sentiment

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Form Type

Rhea-AI Filing Summary

Carpenter Technology Corp. director Stephen M. Ward Jr. exercised 3,275 director stock options on October 9, 2026, at an exercise price of $39.79 per share, acquiring 3,275 common shares. The transaction also included 338 shares delivered or withheld for payment of exercise price or tax liability. The reported option position after the transaction was zero.

Insider Trade Summary

3,275 shares exercised/converted

Exercise 3 txns

Insider WARD JR STEPHEN M

Role Director

Type	Security	Shares	Price	Value
Exercise	Director Stock Option (Right to Buy) ^{F1, F2}	3,275	--	--
Exercise	Common Stock ^F1	3,275	$39.79	$130K
Exercise Price or Tax Liability	Common Stock	338	$385.81	$130K

Holdings After Transaction: Director Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 29,276 shares (Direct)

Footnotes (2)

F1. Automatic Exercise completed on last business day before expiration pursuant to terms contained in the Award Agreement.
F2. 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

Director stock options exercised: 3,275 shares Exercise price: $39.79 per share Common shares acquired: 3,275 shares +3 more

6 metrics

Director stock options exercised 3,275 shares October 9, 2026

Exercise price $39.79 per share Options exercised October 9, 2026

Common shares acquired 3,275 shares October 9, 2026

Shares delivered or withheld 338 shares For payment of exercise price or tax liability on October 9, 2026

Option shares following transaction 0 shares Reported after the October 9, 2026 transaction

Option expiration date October 11, 2026 Director stock option

Key Terms

Director Stock Option (Right to Buy), Automatic Exercise, Award Agreement, Stock Based Compensation Plan for Non-Employee Directors

4 terms

Director Stock Option (Right to Buy) financial

"Director Stock Option (Right to Buy)"

Automatic Exercise financial

"Automatic Exercise completed on last business day before expiration"

Award Agreement financial

"pursuant to terms contained in the Award Agreement"

An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.

Stock Based Compensation Plan for Non-Employee Directors financial

"under the Carpenter Technology Corporation Stock Based Compensation Plan for Non-Employee Directors"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many CRS shares did director Stephen M. Ward Jr. acquire?

On October 9, 2026, Stephen M. Ward Jr., a director, acquired 3,275 Carpenter Technology common shares through an automatic exercise of 3,275 director stock options at $39.79 per share. The reported option position after the transaction was zero.

How many CRS shares were delivered or withheld in the transaction?

The transaction included 338 shares delivered or withheld for payment of exercise price or tax liability on October 9, 2026.

When were the CRS director options automatically exercised?

The options were automatically exercised on the last business day before expiration pursuant to the Award Agreement. Their listed expiration date was October 11, 2026.

What plan covered Stephen M. Ward Jr.'s CRS stock options?

The option was granted under the Carpenter Technology Corporation Stock Based Compensation Plan for Non-Employee Directors.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/14/2026 - 04:06 PM EDT Accepted by SEC EDGAR 10/14/2026 - 04:06 PM EDT

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^*

WARD JR STEPHEN M

(Last)

(First)

(Middle)

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)
10/09/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	10/09/2026		M⁽¹⁾		3,275	A	$39.79	29,614	D
Common Stock	10/09/2026		F		338	D	$385.81	29,276	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Director Stock Option (Right to Buy)	$39.79	10/09/2026		M⁽¹⁾			3,275	10/11/2017	10/11/2026	Common Stock	3,275	⁽²⁾	0	D

Explanation of Responses:

1. Automatic Exercise completed on last business day before expiration pursuant to terms contained in the Award Agreement.

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	10/14/2026
	** 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)

Source: View Original Filing on SEC EDGAR