Form 8-K · Current Report · Filed 2026-08-25
Carpenter Technology CEO Sells Shares for Estate Planning
On August 25, 2026, Tony R. Thene, Chairman, President, and Chief Executive Officer of Carpenter Technology Corporation, sold 109,283 shares of the Company's common stock for estate planning, tax planning, and financial diversification purposes. Following the sale, Mr. Thene continues to beneficially own 466,697 shares of Common Stock, including shares held directly or through family trusts, as well as restricted share units that vest over time. These holdings position Mr. Thene among the Company's 20 largest stockholders and reflect his continued confidence in the Company's outlook and ability to create long-term stockholder value.
- Filer
- Carpenter Technology Corporation CRS · NYSE
- Filed
- Accession
- 0000017843-26-000038
- CIK
- 0000017843
- Signal
- High impactIndustrials
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$477.10
Since filing
+0.0%
Latest close
$477.10
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CRS reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, CRS insiders reported 27 Form 4 transactions — net selling of $42.5M.
About Carpenter Technology Corporation
Carpenter Technology Corporation specializes in the development, manufacturing, and distribution of high-performance specialty alloys, including stainless steels, long-wear alloys, and titanium base alloys. These materials are primarily designed for applications requiring high strength, corrosion resistance, and reliability, serving key industries such as aerospace, defense, medical, transportation, and energy. Carpenter Technology's advanced materials are essential for manufacturing critical components in aircraft engines, surgical instruments, oil and gas extraction tools, and automotive systems, among others. The company's contribution to these sectors underscores its vital role in supporting technological advancements and infrastructure development. Headquartered in Philadelphia, Pennsylvania, Carpenter Technology operates production facilities and R&D centers globally, facilitating innovation and maintaining a robust supply chain network. Its technical expertise and commitment to quality make it a trusted provider in the specialty alloys market, fostering partnerships to drive forward engineering solutions that meet evolving industry demands.
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