4Filed Aug 17, 8:00 PM ET
Carpenter Technology SVP Dee James Withholds 1,535 Shares; Receives 738 RSUs
$CRS · CARPENTER TECHNOLOGY CORPResearch Summary
AI-generated summary of this SEC filing
Carpenter Technology SVP Dee James Withholds 1,535 Shares; Receives 738 RSUs
What Happened
- Dee James D, Senior Vice President, General Counsel & Secretary of Carpenter Technology Corporation (CRS), had 1,535 shares disposed on 2026-08-15 via tax withholding at $544.59 per share (total ≈ $835,946). This disposition was in connection with the vesting of previously reported restricted stock units (RSUs).
- On 2026-08-17 the reporting person was granted 738 restricted stock units under the Carpenter Technology Stock-Based Incentive Compensation Plan for Officers and Key Employees. The grant shows no per-share cash price (RSUs are awards that vest later).
Key Details
- Transaction dates and amounts:
- 2026-08-15: 1,535 shares withheld (Code F) at $544.59 — $835,946 (tax withholding on vested RSUs).
- 2026-08-17: 738 RSUs granted (Code A); no cash price reported.
- Shares owned after the reported transactions: not specified in the provided filing.
- Footnotes: F1 — withholding was in connection with vesting of previously reported RSUs. F2 — the 738-RSU grant was made under the company’s officer/key-employee stock incentive plan.
- Filing date: Form 4 filed 2026-08-18. The provided filing does not indicate a late-filing flag.
Context
- Code F (tax withholding) typically means the company withheld shares to cover the employee’s tax liability on vested RSUs (a non-market, administrative disposition), not an open-market sale.
- The new RSU grant is an award subject to vesting; it represents future compensation rather than an immediate purchase of shares.
- These types of internal tax-withholding disposals are routine and do not by themselves signal a change in insider sentiment.