Malloy Brian J 4
4 · CARPENTER TECHNOLOGY CORP · Filed Jul 16, 2026
Research Summary
AI-generated summary of this filing
Carpenter CEO Brian Malloy Receives Award; 7,905 Shares Withheld
What Happened
- Brian J. Malloy, President, CEO and Director of Carpenter Technology Corp (CRS), had a performance-based restricted stock unit (RSU) award vest on July 14, 2026 (17,216 shares acquired). To cover tax withholding on the vesting, 7,905 shares were surrendered (disposed) at $576.87 per share, totaling $4,560,157.
- This transaction reflects an award vesting and accompanying tax-withholding share surrender, not an open-market sale or purchase.
Key Details
- Transaction dates: Vesting and withholding occurred on July 14, 2026; Form 4 filed July 16, 2026 (timely).
- Reported shares: 17,216 shares vested (award); 7,905 shares withheld for taxes at $576.87/share (proceeds $4,560,157).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnotes: (F1) Performance RSU granted with effective grant date Aug 15, 2023 and performance period ending June 30, 2026; performance certified by Board committees on July 14, 2026. (F2) Includes shares from the company’s dividend reinvestment program. (F3) Vesting occurred under the Carpenter Stock-Based Compensation Plan for Officers and Key Employees.
- Transaction codes: A = Award/Grant (vesting of RSUs); F = tax withholding (shares surrendered to cover tax liability).
Context
- This was a vesting of performance RSUs, with shares withheld to satisfy tax obligations (common practice). It is not an indication of an open-market sale by the insider. The filing shows certification of performance metrics by the Board committees before vesting.
Insider Transaction Report
Form 4
Malloy Brian J
DirectorPresident and CEO
Transactions
- Award
Common Stock
[F1][F2]2026-07-14+17,216→ 96,098.3 total - Tax Payment
Common Stock
[F3][F2]2026-07-14$576.87/sh−7,905$4,560,157→ 88,193.3 total
Footnotes (3)
- [F1]The reporting person was granted a performance-based restricted stock unit award with an effective grant date of August 15, 2023, and performance period ending June 30, 2026. The financial results were confirmed and approved on July 14, 2026, by the Audit/Finance Committee of Carpenter's Board of Directors and, on July 14, 2026, 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]Includes shares acquired under the Carpenter Technology Corporation Dividend Reinvestment Program.
- [F3]In connection with the vesting of reported performance award under the Carpenter Technology Corporation Stock-Based Compensation Plan for Officers and Key Employees.
Signature
James D. Dee/POA|2026-07-16