Carpenter Technology Director Charles Douglas McLane Jr Receives Annual Equity Grants
CARPENTER TECHNOLOGY CORP
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Filing Summary
# SEC Form 4 Alert: Carpenter Technology Corp ($CRS)
**Insider:** McLane Charles Douglas Jr (Director)
**Filing Date:** October 8, 2026 | **Transaction Date:** October 6, 2026
### Transaction Summary
* **Transaction Code:** A (Grant/Award)
* **Director Stock Units Acquired:** 361 shares (Post-transaction: 25,681.94 DSU)
* **Stock Options Acquired:** 193 options @ $395.71 exercise price (Post-transaction: 193 options)
* **Trading Significance:** Low (Routine Non-Employee Director Equity Compensation)
Comprehensive Analysis
Executive Summary
On October 8, 2026, Carpenter Technology Corporation ($CRS) reported Form 4 equity grant activity for Director Charles Douglas McLane Jr. The transactions, executed on October 6, 2026, represent routine equity compensation under the company's Stock-Based Compensation Plan for Non-Employee Directors.
Transaction Details
- Director Stock Units (DSUs): Mr. McLane received 361 DSUs at no cost. Each unit converts to common stock on a 1-for-1 basis, payable upon the later of separation from service or a specified date/event. Following this award, his total holdings of DSUs reached 25,681.94 units.
- Director Stock Options: Mr. McLane was also awarded 193 stock options with an exercise price of $395.71 per share. The options vest on October 6, 2027, and expire on October 6, 2036.
Market & Governance Impact
Because these transactions consist solely of routine annual equity retainer grants authorized under the non-employee director compensation schedule, they do not indicate an open-market view of the company's valuation. Consequently, the trading significance of this filing is Low.
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