Carpenter Technology CEO Disposes of Over $52 Million in Stock
CARPENTER TECHNOLOGY CORP
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Filing Summary
Carpenter Technology Corp (CRS) Insider Sale Insider: Tony R. Thene (Chairman, President and CEO) Total Value: $52,876,082 Shares Sold: 109,283 at an average price of $483.84 Post-Transaction Holdings: 466,697 shares Significance: High. The CEO executed a substantial sale of both direct and indirect holdings, citing estate planning, tax planning, and financial diversification.
Comprehensive Analysis
On August 25, 2026, Tony R. Thene, the Chairman, President, and CEO of Carpenter Technology Corp, executed a significant sale of company stock. The transactions involved the disposition of a total of 109,283 shares of Common Stock for an aggregate value of approximately $52.88 million.
The sales were conducted in multiple tranches at weighted average prices ranging from $479.492 to $489.332 per share. The disposition was split between direct holdings (51,827 shares) and indirect holdings (57,456 shares) held within the Thene Revocable Living Trust.
Following these transactions, Mr. Thene's remaining beneficial ownership in the company stands at 466,697 shares, comprising 27,066 shares held directly and 439,631 shares held indirectly. According to footnotes in the filing, the sales were undertaken for estate planning, tax planning, and financial diversification purposes. Given the insider's top-tier executive role and the substantial monetary value of the sale, this event is of high significance.
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