Carpenter Technology Director Awarded Stock Units Under Compensation Plan
CARPENTER TECHNOLOGY CORP
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Filing Summary
📊 Form 4 Filing: Carpenter Technology Corp ($CRS) Insider: McLane Charles Douglas Jr (Director) Action: Acquired 69.12 Director Stock Units at $388.82 ($26,875.24 value) Transaction Date: September 30, 2026 Post-Transaction Holdings: 25,320.93 units Significance: Low (Routine Director Equity Compensation)
Comprehensive Analysis
Transaction Overview
On September 30, 2026, Charles Douglas McLane Jr., a Director of Carpenter Technology Corp ($CRS), received an award of 69.12 Director Stock Units under the Carpenter Technology Corporation Stock-Based Compensation Plan for Non-Employee Directors. The transaction was valued at $388.82 per unit, resulting in a total transaction value of approximately $26,875.24.
Key Details
- Security: Director Stock Units (convertible to common stock on a 1-for-1 basis)
- Transaction Code: 'A' (Grant, award, or other acquisition)
- Shares Acquired: 69.12
- Price per Unit: $388.82
- Post-Transaction Beneficial Ownership: 25,320.93 units (includes dividend equivalents not previously reported)
- Settlement/Exercise Terms: Units are payable upon the later of separation of service or a specified date/event.
Market Significance
This transaction represents routine quarterly or periodic equity compensation awarded to non-employee directors pursuant to a standard board compensation plan. As this is an equity award rather than an open-market purchase or sale, it carries low trading significance for market participants.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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