Marshall D. Akins - Jul 18, 2023 Form 4 Insider Report for CARPENTER TECHNOLOGY CORP (CRS)

Role
VP - Chief Commercial Officer
Signature
James D. Dee/POA
Stock symbol
CRS
Transactions as of
Jul 18, 2023
Transactions value $
-$101,844
Form type
4
Date filed
7/20/2023, 04:54 PM
Previous filing
Aug 19, 2022
Next filing
Aug 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CRS Common Stock Award +4.11K +26.03% 19.9K Jul 18, 2023 Direct F1
transaction CRS Common Stock Tax liability -$102K -1.76K -8.85% $57.80 18.1K Jul 18, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person was granted a performance-based restricted stock unit award with an effective grant date of August 17, 2020, and performance period ending June 30, 2023. The financial results were confirmed and approved on July 18, 2023, by the Audit/Finance Committee of Carpenter's Board of Directors and, on July 18, 2023, the Human Capital Management Committee of Carpenter's Board of Directors certified the achievement of the performance targets based on the approved financial results.
F2 In connection with the vesting of reported performance award under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.
F3 Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program.