Form 4: Curtiss-Wright Director Acquires Shares Through Retainer Election

Director Anthony J. Moraco acquired 78 shares of Curtiss-Wright stock through the company's 2024 Omnibus Incentive Plan by electing to receive his annual retainer in stock.

Summary

• Anthony J. Moraco, a director at Curtiss-Wright Corporation, acquired 78 shares of common stock on January 2, 2025.
• The shares were acquired through the company's 2024 Omnibus Incentive Plan.
• Moraco elected to receive his annual retainer and meeting fees in the form of stock.
• The price per share was $354.87, based on the closing market price on December 31, 2024.
• The total number of shares beneficially owned by Moraco after the transaction is 4,776.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed positively as it aligns director interests with shareholders. There are no negative implications.

Positives

• The director's decision to take shares instead of cash demonstrates confidence in the company's future.
• The use of the 2024 Omnibus Incentive Plan aligns director compensation with shareholder interests.

Industry Context

This is a routine transaction related to director compensation and is common practice for public companies.

Comparison to Industry Standards

• Many public companies use stock-based compensation plans for directors to align their interests with shareholders.
• The use of an omnibus incentive plan is a standard practice in corporate governance.
• The specific details of the plan and the number of shares awarded are specific to Curtiss-Wright's compensation policies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns director interests with company performance.

Key Dates

Keywords

Curtiss-Wright, Director, Stock Acquisition, Omnibus Incentive Plan, Retainer, Share Ownership, CW