Carpenter Technology Director Viola L. Acoff Receives Annual Equity Grants

Executive Summary

On October 8, 2026, Carpenter Technology Corporation ($CRS) director Viola L. Acoff filed a Form 4 detailing routine equity awards received on October 6, 2026. The awards were granted pursuant to the company's Stock-Based Compensation Plan for Non-Employee Directors.

Transaction Details

1. Director Stock Units (DSUs):

   • Shares Granted: 361 units
   • Conversion Ratio: 1-for-1 into Common Stock upon separation of service or designated event
   • Post-Transaction Holdings: 22,106.93 units (including dividend equivalents not previously reported)
   • Ownership: Direct

2. Director Stock Options (Right to Buy):

   • Underlying Shares: 193 common shares
   • Exercise Price: $395.71 per share
   • Vesting / Exercisable Date: October 6, 2027
   • Expiration Date: October 6, 2036
   • Post-Transaction Holdings: 193 options
   • Ownership: Direct

Market Impact & Significance

The reported transactions represent standard non-employee director compensation grants (Transaction Code 'A') rather than open-market purchases or sales. Because these transactions are scheduled corporate governance equity awards, they do not indicate a directional market bias by the insider and have low trading significance.