Form 4: Curtiss-Wright Director Glenda J. Minor Acquires Shares Through Deferred Compensation Plan

Director Glenda J. Minor acquired 643 shares of Curtiss-Wright Corp common stock on February 18, 2025, through the company's 2024 Omnibus Incentive Plan.

Summary

• Glenda J. Minor, a director of Curtiss-Wright Corporation, acquired 643 shares of common stock on February 18, 2025.
• The acquisition was made through the company's 2024 Omnibus Incentive Plan, where non-employee directors can elect to defer compensation and receive stock.
• The price per share was $325.56, based on the closing market price on the New York Stock Exchange on the transaction date.
• The total shares beneficially owned following the transaction is 2,025.
• The shares were acquired directly.
• The original award was initially approved on February 8, 2024, with the number of shares calculated based on a closing price of $226.45.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a director increasing their stake in the company, which is generally viewed favorably, but it's a routine transaction.

Positives

• Director's participation in the Omnibus Incentive Plan demonstrates confidence in the company's future.
• Increased share ownership aligns director's interests with those of shareholders.

Future Outlook

NA

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies. It reflects standard practices for aligning director interests with shareholder value.

Comparison to Industry Standards

• Director stock ownership is a common practice across publicly traded companies to align interests with shareholders.
• Omnibus Incentive Plans are widely used by companies like Lockheed Martin, Boeing, and General Dynamics to incentivize and retain key personnel, including directors.
• The structure of Curtiss-Wright's plan, allowing for deferred compensation and stock awards, is consistent with industry norms for executive compensation.

Stakeholder Impact

• The increased share ownership by a director could be viewed positively by shareholders.
• The transaction has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Curtiss-Wright, Director, Share Acquisition, Omnibus Incentive Plan, Form 4, CW, Glenda J. Minor