AKINS MARSHALL D 4

What Happened
Marshall D. Akins, Vice President and Chief Communications Officer of Carpenter Technology (CRS), disposed of 11,815 shares in a series of open‑market sales on May 5, 2026, generating approximately $5,214,630 in proceeds. The sales were reported in eight lots with reported average prices (and proceeds) as follows:

• 560 shares @ $436.37 = $244,367 (F1)
• 837 shares @ $437.86 = $366,489 (F2)
• 999 shares @ $438.87 = $438,431 (F3)
• 850 shares @ $439.86 = $373,881 (F4)
• 1,953 shares @ $441.18 = $861,625 (F5)
• 2,947 shares @ $442.15 = $1,303,016 (F6)
• 3,434 shares @ $443.37 = $1,522,533 (F7)
• 235 shares @ $443.78 = $104,288 (F8)

These were sales (transaction code "S"), not purchases or option exercises.

Key Details

• Transaction date: May 5, 2026; Form 4 filed May 6, 2026 (timely filing).
• Reported per‑lot average prices ranged from $436.37 to $443.78; footnotes F1–F8 state the underlying executions for those lots ranged overall from $436.26 (low) to $443.88 (high).
• Total shares sold: 11,815; total proceeds ≈ $5,214,630.
• Shares owned after transaction: Not specified in the provided filing details.
• No 10b5‑1 plan, tax‑withholding or gift notation is indicated in the provided notes — only price‑range footnotes for the averaged lots.

Context

• Sales by executives can be routine (diversification, liquidity, preplanned programs) and do not by themselves indicate company performance; no purchase or exercise occurred here.
• Because these were open‑market disposals, there's no complex derivative activity to explain (no options exercised or shares withheld).