Carpenter (CRS) VP Marshall D. Akins Sells 1,758 Shares
$CRS · CARPENTER TECHNOLOGY CORPResearch Summary
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Carpenter (CRS) VP Marshall D. Akins Sells 1,758 Shares
What Happened Marshall D. Akins, Vice President and Chief Communications Officer of Carpenter Technology Corporation (CRS), had 1,758 shares withheld on Aug 15, 2026 to satisfy tax withholding obligations related to the vesting of previously reported restricted stock units — a disposition valued at about $957,389 (1,758 shares × $544.59). Two days later, on Aug 17, 2026, he was granted 1,015 restricted stock units under the company’s stock-based incentive plan.
Key Details
- Transactions:
- 2026-08-15: 1,758 shares withheld (code F) at $544.59/share; total value ≈ $957,389 (disposition for tax withholding).
- 2026-08-17: 1,015 restricted stock units granted (code A); no per-share price reported for RSU grants.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes:
- F1: Withholding was in connection with the vesting of previously reported restricted stock units.
- F2: The RSUs were granted under the Carpenter Technology Corporation Stock-Based Incentive Compensation Plan for Officers and Key Employees.
- Filing: Form 4 covering the Aug 15 and Aug 17 transactions was filed with the SEC on Aug 18, 2026. No late-filing flag was indicated in the provided data.
- Transaction codes: F = tax withholding/disposition; A = award/grant.
Context This filing reflects a tax-withholding disposition tied to RSU vesting — not an open-market sale for cash — and the concurrent grant of new RSUs. Such withholding transactions are routine administrative events and do not necessarily signal the insider’s view of the company’s prospects.