CRS CARPENTER TECHNOLOGY CORP Insider Trading

VP and Chief Communications Officer Marshall Akins divested approximately 10,915 shares across eight transactions totaling $5.2M on same day.

Marshall Akins, VP and Chief Communications Officer, executed a large single-day sale of roughly 10,915 shares worth $5.2 million, representing a systematic reduction of his holdings across eight sequential transactions. The magnitude of this divestiture—particularly from a company communications executive—is noteworthy given that Carpenter Technology operates within a financially healthy profile, posting profitable results with strong revenue performance. However, the transactions lack the contextual markers that would signal clear insider concern: there is no evidence of a broader insider exodus, no stated reason for the sale, and no price momentum context provided to determine whether Akins was selling into strength or weakness. This single trade alone does not establish a compelling narrative of conviction or alarm—it could reflect portfolio rebalancing, tax planning, or liquidity needs unrelated to company fundamentals or outlook.

CRS SVP Dee James D sells 15,800 shares in 3 transactions for $6.2M at $391.20–$392.98 near 52-wk high

Dee James D, SVP, General Counsel & Secretary of Carpenter Technology, executed 3 separate sales on 2026-02-24 totaling 15,800 shares for $6,190,095.49, reducing holdings by 17.6% to 73,739 shares. The sales occurred at prices ($391.20–$392.98) near the stock's 52-week high of $395.61, and the stock has posted strong recent momentum (+13.5% over 30 days, +24.0% over 90 days). At the same ticker, his prior 2 sales (2025-05-19 and 2024-05-21) both resulted in positive 90-day returns (+6.8% and +31.8%, respectively), indicating the stock rose after those sales—a pattern of poorly-timed exits. The current trade's concentration of shares at elevated valuations and proximity to the 52-week high stands out relative to the company's elevated P/E of 45.32, though without a FLAG note this transaction appears discretionary rather than automated.

Director KAROL STEVEN E sold 6,500 shares at $380.60 average; stock now $385.04 near 52-week high.

KAROL STEVEN E, a Director at Carpenter Technology, executed 2 separate sales totaling 6,500 shares for $2,473,929.45 on 2026-02-19 at an average price of $380.60, reducing his holdings by 2.8%. The current stock price of $385.04 is within 1.2% of the 52-week high of $389.73, and the stock has posted strong recent momentum: +14.7% over 30 days and +19.3% over 90 days. His prior trades at CRS show a consistent pattern of poor sale timing: across 5 prior CRS sales, none were well-timed at the 90-day mark, with positive 90-day returns averaging 4.2% to 43.1% after each sale. His cross-ticker track record similarly shows 0% of 6 prior sells were well-timed. This transaction carries modest materiality given his substantial remaining stake of 225,381 shares and the elevated valuation context (P/E of 44.11); the sale occurred near historical highs but provides limited signal given his consistent pattern of selling into rallies.

Carpenter Tech President/COO Malloy sells 75,458 shares for $23.0M across 3 days; post-sale holdings drop to 78,875 shares

Brian J Malloy, President and COO of Carpenter Technology, executed 19 separate sales totaling 75,458 shares for $23,001,395.69 at a blended average price of $304.82 over December 9–11, 2025. This represents a reduction of 48.9% of his pre-transaction holdings (from 154,333 to 78,875 shares). The current stock price of $321.95 stands 3.1% below the 52-week high of $332.15, and the company reports strong fundamentals with revenue of $733,700,000.00, net income of $122,500,000.00, and a P/E of 38.79. Notably, across his cross-ticker track record, Malloy's 2 prior open-market sells averaged +4.4% returns over 30 days and +4.1% over 90 days, with a well-timed rate of 0.00%, indicating his prior sales generally preceded further price gains rather than declines. His same-ticker history at CRS also shows both prior 2025 sells preceded positive 90-day returns (+5.2% and +3.7%), suggesting a pattern of departing before strong momentum periods.

VP SOCCI sells 3,900 CRS shares for $1.3M at $321.25; retains 9,594 shares post-transaction

Elizabeth Socci, VP of Controls & Chief Accounting Officer, sold 3,900 shares (-28.9% of her pre-transaction holdings) at $321.25 on 2025-11-26, reducing her stake from 13,494 to 9,594 shares. The sale price stands -4.7% from the 52-week high of $332.15 and is currently $4.70 above today's market price of $316.55. Notably, her prior five sales at CRS have not demonstrated well-timed exit patterns: the 90d well-timed rate across those five same-ticker transactions is 0 of 5, with every prior sale followed by substantial positive returns (ranging 38.6%–41.4% over 90 days). This sale follows the same historical pattern—occurring at elevated valuation (P/E 38.14) with no structural change to the company's fundamentals (net income $122.5M on revenue $733.7M, annual growth +4.2%).

Director Inglis I Martin sells 5,691 shares of CRS at $244.54; holdings cut by -45.8%, stock down -15.9% in 90 days

Director Inglis I Martin sold 5,691 shares at $244.54 on 2025-08-18, reducing his stake from 12,423 to 6,732 shares—a -45.8% reduction in holdings. The stock is currently trading at $241.62, down -15.9% from its 52-week high of $287.42. Over 90 days, the stock has gained +4.9% despite recent weakness, suggesting the sale occurred during a period of mixed momentum. With CRS trading at a P/E of 22.01 and posting annual revenue growth of +4.2% on a $727.0M quarterly revenue base, the company shows modest but positive fundamentals. The magnitude of this reduction and the timing relative to recent price weakness warrant monitoring of broader insider activity patterns and any related disclosures.

CRS President/CEO Thene sells 19,000 shares (3.4% of holdings) for $4,654,838.22; stock down 15.9% in 30 days

Thene Tony R, CRS President and CEO, executed 2 separate sales on 2025-08-18 totaling 19,000 shares (19.0K shares) for $4,654,838.22 at a blended average price of $244.99. The sale reduced his holdings from 554.0K shares to 535.0K shares. The transaction occurred as the stock has declined 15.9% over the trailing 30 days and sits 15.9% below its 52-week high of $287.42, though the company maintains solid fundamentals with annual revenue growth of +4.2%, a P/E of 22.01, and quarterly net income of $95,400,000.00. Examining the CEO's historical selling pattern at CRS (3 prior sales on 2024-11-20), his prior sells at this ticker generated positive 90-day returns (ranging from +12.5% to +13.7%), meaning the stock subsequently rose after those sales rather than falling—a pattern that does not suggest anticipation of further declines. The current sale occurs in a period of notable near-term weakness, but without additional context on timing constraints or portfolio factors, the sale alone does not constitute a clear directional signal regarding the CEO's fundamental view of the company's prospects.

SVP & General Counsel Dee James D sold 5,000 shares (5.0K) of CRS at $235.03 on 2025-05-19, reducing holdings to 85,028 shares.

Dee James D sold 5,000 shares at $235.03, just 2.3% below the 52-week high of $235.71, following a significant 30-day rally of +37.4%. The transaction reduced his holdings by -5.6% to 85,028 shares, a modest reduction in absolute terms. His cross-ticker track record shows only 1 prior sell with an average 90-day return of +31.8% after the sale, indicating historically poor timing (the stock rose after he sold). The same transaction at CRS in May 2024 exhibited identical timing: a sell followed by a +31.8% gain over 90 days, establishing a recurring pattern where his exits have preceded strong subsequent rallies. Against fundamentals of $727.0M in quarterly revenue, $95.4M net income, and a P/E of 32.03, the sale at peak valuations merits observation of whether this pattern persists.

VP Elizabeth Socci sells 5,000 CRS shares (30.4% of holdings) for $1.0M at $202.18 avg; stock at $211.92.

Elizabeth Socci, VP of Controller and Chief Accounting Officer at Carpenter Technology, executed 5 separate sales totaling 5,000 shares for $1,010,921.04 on 2025-05-01, reducing her holdings from 16,438 to 11,438 shares. The sales occurred at prices ranging from $200.60 to $204.67, with a blended average of $202.18, while the current price stands at $211.92—approximately 4.7% above the average transaction price. The company's fundamentals show strong recent performance, with $95.4M in net income on $727.0M quarterly revenue and 8.2% annual revenue growth, though the P/E of 29.47 reflects elevated valuation. The 30-day price appreciation of 39.7% and proximity to the 52-week high of $213.01 provide context for the timing of this disposition.

CRS President/CEO Thene sells 28,500 shares for $5.2M at $181.10 avg, retains 494.2K shares post-sale

Thene Tony R, President and CEO of Carpenter Technology, executed 3 separate sales totaling 28,500 shares for $5,161,263.49 on 2024-11-20, at a blended average price of $181.10. The current stock price is $180.71, with the stock near its 52-week high of $184.50 (-2.0%). The sale reduced his holdings by 5.5%, from 522,706 shares to 494,206 shares. At a P/E of 39.63 and market cap of $9.0B, the company is trading at a premium valuation, though the company has posted 8.2% revenue growth year-over-year with latest quarterly revenue of $717.6M and net income of $84.8M. The stock has appreciated 15.9% over the past 30 days and 24.8% over 90 days, providing context for the timing of the sale. This sale should be reviewed to assess whether it reflects a shift in the CEO's conviction or market positioning.