Carpenter (CRS) CFO Timothy Lain Receives RSU Award

What Happened
Timothy Lain, SVP and Chief Financial Officer of Carpenter Technology (CRS), had restricted stock units (RSUs) vest and received a new RSU grant. On 2026-08-15, 2,407 shares were disposed (withheld) at $544.59 per share to cover tax withholding, generating a withholding value of $1,310,828. On 2026-08-17 he was granted 1,383 RSUs under the Carpenter Technology stock-based incentive plan.

Key Details

• Transaction dates and amounts:
  • 2026-08-15: 2,407 shares withheld for tax liability at $544.59 (disposed) — $1,310,828.
  • 2026-08-17: 1,383 RSUs granted (no per-share price reported for grant).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • F1: The withholding was in connection with vesting of previously reported RSUs.
  • F2: The grant was made under Carpenter’s Stock-Based Incentive Compensation Plan for Officers and Key Employees.
  • F3: Reported share totals include shares from Carpenter’s Retirement Plan; those balances can fluctuate slightly due to rounding.
• Filing timeliness: Form 4 was filed on 2026-08-18; the filing does not indicate a late report.

Context
The 2,407-share disposal was a tax-withholding event tied to RSU vesting (a common payroll/tax action), not an open-market sale that signals a decision to cash out. The separate 1,383 RSU grant is a compensation award, not a purchase. These types of transactions are routine executive compensation activity and should be interpreted as such rather than as a direct bullish or bearish market signal.