Form 4: Curtiss-Wright Corp VP Sells Shares Under 10b5-1 Plan

Gary A. Ogilby, VP & Corporate Controller of Curtiss-Wright Corp, sold 290 shares of common stock on February 19, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Gary A. Ogilby, VP & Corporate Controller of Curtiss-Wright Corp, reported a transaction involving the sale of company stock.
• On February 19, 2025, Ogilby sold 290 shares of common stock.
• The sale was executed under a 10b5-1 plan adopted on November 7, 2024.
• The shares were sold at an average price of $333.69, with individual transaction prices ranging from $326.44 to $336.11.
• Following the transaction, Ogilby directly owns 2,374 shares of Curtiss-Wright Corp.
• The sale was conducted in compliance with the company's share ownership guidelines.

Sentiment

Score: 5

Explanation: Neutral sentiment as the transaction is a routine sale under a pre-arranged plan and in compliance with company guidelines.

Positives

• The sale was conducted under a pre-arranged 10b5-1 trading plan, indicating it was planned in advance and not based on immediate market information.
• The sale was in compliance with the company's share ownership guidelines.

Industry Context

Insider trading activity is closely monitored by regulators and investors as it can provide insights into a company's performance and management's confidence. Sales under 10b5-1 plans are generally viewed as less informative since they are pre-arranged.

Stakeholder Impact

• The sale of shares by a company executive could be perceived neutrally by stakeholders, given it was conducted under a pre-arranged plan and in compliance with company guidelines.

Key Dates

Keywords

Form 4, insider trading, share sale, 10b5-1 plan, Curtiss-Wright Corp, Ogilby, CW