Form 4: Curtiss-Wright Director Bruce Hoechner Receives Deferred Stock Compensation Valued at Over $1.9 Million
Insider Transaction Report
Curtiss-Wright Corporation Director Bruce D. Hoechner acquired 4,426 shares of common stock on June 2, 2025, as part of a deferred compensation plan, increasing his direct beneficial ownership to 6,423 shares.
Summary
- Bruce D. Hoechner, a Director at Curtiss-Wright Corporation (CW), acquired 4,426 shares of common stock.
- The transaction occurred on June 2, 2025.
- The shares were acquired at a price of $443.22 per share, totaling approximately $1,962,000.
- These shares were earned in 2018, 2020, 2021, and 2022, but their receipt was deferred until June 2, 2025, under the company's 2014 Omnibus Incentive Plan.
- The acquisition includes annual restricted stock awards and meeting fees elected to be received in stock, along with dividend credits.
- Following this transaction, Mr. Hoechner directly beneficially owns 6,423 shares of Curtiss-Wright common stock.
Sentiment
Score: 6
Explanation: The sentiment is mildly positive as it indicates a director's continued ownership and the execution of a pre-planned compensation structure, which is a neutral to positive sign of alignment. It's not a strong positive as it's not a new investment decision by the insider.
Positives
- Director Bruce D. Hoechner increased his direct beneficial ownership in Curtiss-Wright by 4,426 shares, demonstrating continued alignment with shareholder interests.
- The acquisition is part of a pre-existing deferred compensation plan, indicating a structured approach to executive remuneration and retention.
Future Outlook
This Form 4 filing reports a past deferral of compensation being realized in the future (June 2, 2025) and does not provide forward-looking statements regarding company performance or strategic outlook.
Industry Context
This filing is a routine insider transaction report and does not provide information to analyze broader industry trends or competitive positioning. It reflects an internal compensation mechanism for a director.
Stakeholder Impact
- Shareholders: The transaction increases a director's direct beneficial ownership, which can be viewed positively as it aligns management interests with shareholder interests, though it's a pre-planned compensation event rather than a new investment.
Key Dates
| Date | Description |
|---|---|
| 2014 | Year of the Corporation's Omnibus Incentive Plan under which shares were acquired. |
| 2018 | Year shares were earned as part of deferred compensation. |
| 2020 | Year shares were earned as part of deferred compensation. |
| 2021 | Year shares were earned as part of deferred compensation. |
| 2022 | Year shares were earned as part of deferred compensation. |
| 06/02/2025 | Date of transaction and receipt of deferred shares by Bruce D. Hoechner. |
| 06/03/2025 | Signature date of the Form 4 filing. |
Recommendation
holdKeywords
Curtiss-Wright, CW, Form 4, Insider Transaction, Stock Acquisition, Director Compensation, Deferred Compensation, Omnibus Incentive Plan, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.