KAROL STEVEN E 4

What Happened

Steven E. Karol, a director of Carpenter Technology Corp (CRS), sold 2,000 shares in an open-market transaction on June 1, 2026. The reported average price was $487.74 per share, for a total proceeds of approximately $975,479. This was a sale (S) — sales are often routine portfolio management and do not necessarily signal a change in company outlook.

Key Details

• Transaction date: June 1, 2026; filing date: June 3, 2026 (filed within the Form 4 reporting window).
• Reported price: average $487.74 per share; individual trades ranged from $487.50 to $488.05 (footnote F1).
• Shares sold: 2,000; total proceeds ≈ $975,479.
• Shares owned after transaction: not specified in the provided filing details.
• No 10b5-1 plan, tax-withholding, or other special notations were indicated in the supplied information.

Context

• This was a straight sale of common stock (code S) in the open market. Sales by directors can be routine (liquidity, diversification, tax planning) and should not be interpreted alone as a signal about company fundamentals.
• Purchases generally carry more weight for signaling insider confidence; this filing documents a disposal of shares rather than an acquisition.