Tony R. Thene - Jul 18, 2023 Form 4 Insider Report for CARPENTER TECHNOLOGY CORP (CRS)

Role: President & CEO
Signature: James D. Dee/POA
Stock symbol: CRS
Transactions as of: Jul 18, 2023
Transactions value $: -$2,030,745
Form type: 4
Date filed: 7/20/2023, 04:57 PM
Previous filing: Jul 6, 2023
Next filing: Aug 1, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CRS	Common Stock	Award		+79.5K	+27.23%		371K	Jul 18, 2023	Direct	F1
transaction	CRS	Common Stock	Tax liability	-$2.03M	-35.1K	-9.46%	$57.80	336K	Jul 18, 2023	Direct	F2

* 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.

Content

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.

In connection with the vesting of reported performance award under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.