Carpenter Technology Corporation filings document an operating specialty materials issuer with common stock listed on the New York Stock Exchange under CRS. Recent Form 8-K disclosures cover quarterly results, earnings-call materials, Regulation FD communications, dividend and governance events, and capital-structure actions.
The filing record includes material agreements for the company’s 5.625% senior notes due 2034, along with exhibits describing press releases, presentation materials, indenture terms, and related financial disclosures. Carpenter Technology’s filings also frame risks around the cyclical specialty materials business, aerospace, defense, medical, energy, transportation, industrial and consumer end markets, manufacturing performance, raw material, energy and freight costs, and execution of operating improvements.
Carpenter Technology Corporation director Anastasio John Hart exercised stock options and sold the resulting shares. On May 4, 2026, he exercised options to acquire 750 shares of Common Stock at $45.1200 per share under the Stock Based Compensation Plan for Non-Employee Directors. The same day, he completed an open-market sale of 750 Common Stock shares at an average price of $423.8621 per share, with individual trade prices ranging from $423.52 to $424.18. After these transactions, he held no Common Stock directly and retained 3,250 Director Stock Options (Right to Buy) expiring on February 14, 2029.
Carpenter Technology Corp executive Marshall D. Akins reported open-market sales of company stock. On May 5, 2026, he sold a total of 11,815 shares of Carpenter Technology common stock in a series of eight non-derivative transactions.
The reported sale prices ranged from about $436.26 per share to $443.88 per share, based on disclosed daily price ranges. All transactions involved common stock held directly and were classified as open-market sales.
FMR LLC filed an Amendment No. 5 to Schedule 13G/A reporting beneficial ownership of 4,326,105.02 shares of Carpenter Technology Corp common stock, representing 8.7% of the class as of 03/31/2026. The filing lists sole dispositive power of 4,326,105.02 shares and notes related Exhibit 99 and a power of attorney dated April 13, 2026.
The filer submitted a Form 144 disclosing proposed sales of common stock classified as Performance Shares and Restricted Stock. The excerpt lists multiple award dates and specific share quantities (for example, 1,159, 2,350, 2,202, and other listed amounts). The filing is an intent-to-sell notice for these listed securities.
Carpenter Technology Corp ownership filing: Vanguard Capital Management reports beneficial ownership of 2,526,569 shares of Common Stock, representing 5.07% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over 2,526,569 shares and sole voting power over 372,397 shares. The disclosure lists affiliated Vanguard entities that exercise voting or dispositive power on certain accounts and is signed by Vanguard's Head of Global Fund Administration on 04/29/2026.
Carpenter Technology Corporation reported record third quarter fiscal 2026 results with strong growth in sales, profit and cash flow. Net sales reached $811.5 million, up 12 percent from a year ago, while operating income climbed to $186.5 million, up 35 percent year-over-year and 20 percent sequentially. Net income was $139.6 million, and earnings per diluted share were $2.77, compared with $1.88 a year earlier.
The Specialty Alloys Operations segment drove performance with record operating income of $208.0 million and an adjusted operating margin of 35.6 percent, up from 29.1 percent in the prior-year quarter. Cash from operating activities was $193.5 million, supporting adjusted free cash flow of $124.8 million, both significantly higher than last year.
For full fiscal 2026, the company increased its outlook, now expecting operating income between $700 million and $705 million, at least 33 percent above fiscal 2025, and approximately $350 million in adjusted free cash flow. During the quarter, Carpenter repurchased 145,000 shares for $52.7 million under its $400.0 million share repurchase program.
Carpenter Technology reported a record third quarter of fiscal 2026, with net sales of $811.5 million and operating income of $186.5 million, both up strongly versus the prior quarter and year.
Net income rose to $139.6 million, or $2.77 per diluted share, with adjusted earnings per share matching that figure. Adjusted operating margin excluding surcharge revenue improved to 28.4%, reflecting higher productivity, a better product mix and pricing actions.
Aerospace & Defense remained the main growth engine, generating $435.6 million of net sales excluding surcharge, or 66% of that revenue line, with double-digit sequential and year-over-year growth. Year to date, the company produced $364.9 million in cash from operating activities and $207.3 million in adjusted free cash flow, while maintaining total liquidity of $793.8 million and Net Debt/EBITDA of (0.5x). Management now expects full-year fiscal 2026 operating income of $700–$705 million and approximately $350 million in adjusted free cash flow.
Carpenter Technology Corporation reported stronger quarterly results, with net sales of $811.5 million versus $727.0 million a year earlier, driven mainly by Aerospace and Defense demand. Net income rose to $139.6 million, or $2.77 diluted EPS, compared with $95.4 million and $1.88.
Operating income increased to $186.5 million from $137.8 million as product mix shifted toward higher-value materials and pricing and productivity improved, particularly in the Specialty Alloys Operations segment. Gross margin expanded to 31.0% of sales, or 38.4% excluding raw‑material surcharges.
For the nine months, net sales reached $2,273.2 million and operating cash flow grew to $364.9 million from $182.3 million, supporting capital spending of $157.6 million and share repurchases of 445,000 shares for $133.9 million while maintaining long-term debt near $690 million.
Carpenter Technology Corporation is reorganizing its leadership and board structure. The Board expanded from 11 to 12 directors and appointed Brian J. Malloy as a Class III director effective July 1, 2026, with a term running to the 2028 annual meeting.
On the same date, Malloy, currently President and Chief Operating Officer, will become President and Chief Executive Officer, while current CEO Tony R. Thene will become Executive Chairman of the Board. Malloy’s new role includes a $1,000,000 base salary, a target cash bonus of 125% of salary for the fiscal year ending June 30, 2027, and an annual equity award with a grant date fair value of $4,500,000.
Thene’s Executive Chairman role carries a $1,000,000 base salary, a target cash bonus of 100% of salary, and an annual equity award valued at $2,000,000 for the same fiscal year. Both executives remain eligible for the company’s deferred compensation, severance and other benefit plans, and the filing notes Malloy has no related-party transactions or family relationships requiring additional disclosure.