Form 4: Curtiss-Wright CFO K. Christopher Farkas Receives Restricted Stock Units

K. Christopher Farkas, CFO of Curtiss-Wright Corporation, was granted 1,451 restricted stock units (RSUs) under the company's 2024 Omnibus Incentive Plan.

Summary

• On March 10, 2025, K. Christopher Farkas, the Vice President and CFO of Curtiss-Wright Corporation, received a grant of 1,451 restricted stock units (RSUs).
• These RSUs were granted under the company's 2024 Omnibus Incentive Plan.
• Each RSU represents a contingent right to receive one share of Curtiss-Wright common stock.
• The RSUs will vest after a three-year period from the grant date, on March 10, 2028.
• The reporting person directly owns 13,137 shares, including dividend credits earned on prior outstanding grants.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. The sentiment is neutral to slightly positive.

Positives

• The grant of RSUs aligns the CFO's interests with those of the shareholders, incentivizing long-term performance.
• The vesting period of three years encourages continued service and commitment to the company.

Future Outlook

The document does not contain specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

Equity compensation is a common practice in publicly traded companies to incentivize executives and align their interests with those of shareholders. The specific terms of the RSU grant are typical for executive compensation packages.

Comparison to Industry Standards

• Executive compensation packages, including restricted stock units, are common across the aerospace and defense industry, where Curtiss-Wright operates.
• Companies like TransDigm Group, HEICO Corporation, and Teledyne Technologies also utilize equity-based compensation to incentivize their executives.
• The vesting period of three years is a standard practice to ensure long-term commitment from the executive.

Stakeholder Impact

• Shareholders: The RSU grant aligns management's interests with shareholder value creation.
• Employees: The grant is part of the company's overall compensation strategy.

Key Dates