Form 4: Curtiss-Wright CEO Lynn Bamford Reports Stock Purchase Through Employee Stock Purchase Plan
SEC Form 4 Filing
Lynn M. Bamford, Chair and CEO of Curtiss-Wright Corporation, reported purchasing 44 shares of common stock through the company's Employee Stock Purchase Plan on July 3, 2024.
Summary
- On July 3, 2024, Lynn M. Bamford, the Chair and CEO of Curtiss-Wright Corporation, purchased 44 shares of common stock.
- The purchase was made through the company's Employee Stock Purchase Plan.
- The price per share was $232.62, calculated with a 15% discount on the average selling price on June 30, 2024.
- Following the transaction, Bamford directly owns 35,817 shares of Curtiss-Wright common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a routine transaction. The CEO's participation in the employee stock purchase plan is a mildly positive signal.
Positives
- The CEO's participation in the Employee Stock Purchase Plan could be viewed positively, indicating confidence in the company's future.
Industry Context
This filing is a routine disclosure related to insider transactions and doesn't necessarily reflect a major strategic shift for Curtiss-Wright within its industry.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, primarily serving as an informational update on insider ownership.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date used to calculate the average selling price for the stock purchase discount. |
| 07/03/2024 | Date of the stock purchase transaction. |
| 07/05/2024 | Date of the Form 4 filing. |
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