Form 4: Curtiss-Wright Director Boosts Stake via Deferred Stock Plan
Insider Transaction Report
Curtiss-Wright Corporation director Peter C. Wallace acquired 981 shares of common stock on January 2, 2026, through a pre-planned deferred compensation arrangement.
Summary
- Peter C. Wallace, a Director of Curtiss-Wright Corporation (CW), acquired 981 shares of common stock.
- The transaction occurred on January 2, 2026.
- The shares were acquired at a price of $572.38 per share.
- Following this transaction, Mr. Wallace directly beneficially owns 5,988 shares of Curtiss-Wright common stock.
- The acquisition was made pursuant to the Corporation's 2024 Omnibus Incentive Plan.
- These shares represent an annual restricted stock award earned in 2022, with receipt deferred to January 2, 2026.
- The number of shares was calculated based on the award value divided by the closing price on the Board approval date, rounded up, and includes dividend credits.
Sentiment
Score: 6
Explanation: Slightly positive as a director is increasing their stake, even if it's through a pre-planned compensation deferral, indicating continued commitment to the company.
Positives
- Director Peter C. Wallace increased his direct beneficial ownership in Curtiss-Wright Corporation by 981 shares, demonstrating continued alignment with shareholder interests.
- The transaction is part of a pre-planned deferred compensation arrangement under the 2024 Omnibus Incentive Plan, indicating structured and transparent executive compensation practices.
Future Outlook
This Form 4 does not contain forward-looking statements or guidance beyond the reported transaction.
Industry Context
This Form 4 is a routine insider transaction report and does not provide information to analyze broader industry trends or competitors.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Plan Utilization | The acquisition of shares was made pursuant to the Corporation's 2024 Omnibus Incentive Plan, which allows non-employee directors to defer compensation and receive annual restricted stock awards. | 01/02/2026 | Reinforces the company's established executive compensation and incentive structures, aligning director interests with long-term shareholder value. |
Related Party Transactions
- This filing details an insider transaction (director acquiring shares) as part of a compensation plan, which is a common form of related party dealing.
Stakeholder Impact
- Shareholders: Positive signal of director confidence and alignment of interests through increased ownership.
- Employees: No direct impact mentioned.
- Customers: No direct impact mentioned.
- Suppliers: No direct impact mentioned.
- Creditors: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 2022 | Shares were earned as an annual restricted stock award. |
| 01/02/2026 | Transaction date for the acquisition of 981 shares of common stock by Peter C. Wallace. |
| 01/06/2026 | Date the Form 4 was signed by George P. McDonald by Power of Attorney for Peter C. Wallace. |
Recommendation
holdThis Form 4 reports a routine, pre-planned acquisition of shares by a director as part of a deferred compensation plan. While it indicates continued director confidence, it does not present new information that would significantly alter the investment thesis or warrant a change in recommendation based solely on this filing.
Keywords
Curtiss-Wright, CW, Peter C. Wallace, Insider Trading, Form 4, Stock Acquisition, Director Compensation, Deferred Stock, Omnibus Incentive Plan
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