Form 4: Curtiss-Wright Corp Executive Acquires Restricted Stock Units

Gary A. Ogilby, VP & Corporate Controller of Curtiss-Wright Corp, reports acquisition of restricted stock units.

Summary

• Gary A. Ogilby, VP & Corporate Controller at Curtiss-Wright Corp, filed a Form 4.
• The filing reports the acquisition of 244 restricted stock units (RSUs) on March 10, 2025, under the company's 2024 Omnibus Incentive Plan.
• These RSUs represent a contingent right to receive one share of Curtiss-Wright common stock each.
• The RSUs will vest after a three-year period from the grant date, on March 10, 2028.
• Following the reported transaction, Ogilby beneficially owns 5,107 shares, including dividend credits earned on prior outstanding grants.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns management with shareholder interests. There are no indications of negative events or concerns.

Positives

• The RSU grant aligns the executive's interests with the company's long-term performance.
• The vesting period encourages continued service and contribution to the company's success.

Future Outlook

The executive's compensation is tied to the company's stock performance over the next three years.

Industry Context

Executive compensation packages often include stock-based awards to incentivize performance and align management interests with shareholders.

Stakeholder Impact

• The RSU grant could positively impact shareholders by aligning executive incentives with company performance.
• Employees may view the RSU grant as a positive sign of the company's commitment to its leadership.

Key Dates