Form 4: Curtiss-Wright CFO Sells Shares Under 10b5-1 Trading Plan

Sentiment:

SEC Form 4


K. Christopher Farkas, CFO of Curtiss-Wright Corp, sold 4,780 shares of common stock at $350 per share on May 1, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

  • On May 1, 2025, K. Christopher Farkas, the CFO of Curtiss-Wright Corporation, sold 4,780 shares of the company's common stock.
  • The sale was executed at a price of $350 per share.
  • The transaction was conducted under a Rule 10b5-1 trading plan adopted on November 5, 2024.
  • Following the transaction, Farkas directly owns 9,253 shares of Curtiss-Wright common stock.
  • The sale was in compliance with the company's share ownership guidelines.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock sale by an executive under a pre-arranged trading plan. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

  • The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating it was planned in advance and not based on insider information.
  • The sale was in compliance with the company's share ownership guidelines, suggesting adherence to corporate governance policies.

Industry Context

Sales by executives are a normal part of corporate compensation and wealth management. The use of a 10b5-1 plan is a common practice to avoid insider trading concerns.

Key Dates

DateDescription
11/05/2024Date the Reporting Person adopted the Rule 10b5-1 trading plan
05/01/2025Date of the transaction (sale of shares)

Keywords

Curtiss-Wright, CW, K. Christopher Farkas, CFO, share sale, Rule 10b5-1, insider trading, share ownership guidelines

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