Form 4: Curtiss-Wright Corp Executive Sells Shares

Curtiss-Wright Corp Senior VP & Corp Controller Gary A. Ogilby sold 399 shares of common stock on June 9, 2026, under a pre-arranged 10b5-1 plan.

Summary

• Gary A. Ogilby, Senior VP & Corp Controller at Curtiss-Wright Corp, reported a transaction on June 9, 2026.
• Ogilby sold 399 shares of common stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on March 10, 2026.
• The average selling price for these shares was $721.95, with individual sales ranging from $705.34 to $736.99.
• Following the transaction, Ogilby beneficially owns 2,172 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. While an executive sale can be a negative signal, the adherence to a 10b5-1 plan and company ownership guidelines mitigates significant concern.

Positives

• The sale was conducted in compliance with a Rule 10b5-1 plan, indicating pre-planned and potentially non-insider trading related activity.
• The transaction also adhered to the company's share ownership guidelines, suggesting continued commitment to holding company stock.
• Ogilby continues to beneficially own a significant number of shares (2,172) after the sale.

Negatives

• A company executive sold a portion of their stock holdings.

Risks

• The sale of shares by a senior executive could be perceived negatively by the market, potentially impacting investor sentiment.
• While conducted under a 10b5-1 plan, the sale reduces the executive's direct stake in the company.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it solely reports a change in beneficial ownership.

Management Comments

• The sale was made in accordance with a 10b5-1 plan adopted by the Reporting Person on March 10, 2026 and maintained by the Reporting Person's financial advisor.
• Shares were sold in compliance with the Company's share ownership guidelines whereby the Reporting Person may sell shares provided the Reporting Person is and remains in compliance with the share ownership guidelines.
• The price reported is the average selling price. The shares were sold in multiple transactions at prices ranging from $705.34 to $736.99, inclusive.
• The Reporting Person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares sold at each separate price.

Industry Context

StockSavvy.ai notes that Form 4 filings, like this one from Curtiss-Wright Corp (CW), are standard disclosures for insider transactions. While executive stock sales can sometimes signal a lack of confidence, the adherence to a 10b5-1 plan and company ownership guidelines suggests this transaction is part of a pre-determined strategy rather than a reaction to immediate company performance.

Stakeholder Impact

• Shareholders: May interpret the executive's stock sale as a minor negative signal, though mitigated by the 10b5-1 plan and ownership guidelines.
• Employees: The sale by a senior executive might have a minimal impact on employee morale, especially if viewed as a routine financial planning activity.
• Management: The transaction demonstrates adherence to established corporate governance policies regarding stock ownership and trading.

Next Steps

• The Reporting Person will continue to hold 2,172 shares of common stock.
• The Reporting Person may continue to execute trades under the 10b5-1 plan as previously established.

Key Dates

Keywords

Curtiss-Wright Corp, CW, Form 4, Insider Trading, Stock Sale, 10b5-1 Plan, Gary A. Ogilby, Beneficial Ownership, Executive Compensation