Form 4: Curtiss-Wright Director Receives Annual Stock Grant

Curtiss-Wright Corporation's Director, Anthony J. Moraco, was granted 256 shares of common stock as part of his annual compensation.

Summary

• Anthony J. Moraco, a Director of Curtiss-Wright Corporation (CW), acquired 256 shares of common stock.
• The shares were granted on February 4, 2026, at a price of $624.93 per share.
• This grant is part of the Company's 2024 Omnibus Incentive Plan, providing non-employee directors with an annual restricted stock award for board service.
• The total value of the stock award granted was $160,000, calculated by dividing this amount by the closing price of the Issuer's securities on the grant date.
• Restrictions on these shares will lapse upon the shorter of one year from the grant date or the cessation of his service as a non-employee Director due to death, disability, or failure to be reelected.
• Following this transaction, Mr. Moraco beneficially owns 5,446 shares of Curtiss-Wright common stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a positive, routine event that aligns director interests with shareholders, reflecting stable corporate governance without indicating any new operational or financial developments.

Positives

• The grant aligns the interests of the director with those of shareholders, as compensation is tied to company performance through equity.
• It represents a routine compensation practice for non-employee directors, indicating stable corporate governance.

Future Outlook

The filing does not contain specific forward-looking statements or guidance beyond the vesting schedule for the granted restricted stock, which indicates a one-year restriction period or until cessation of director service under specific conditions.

Industry Context

StockSavvy.ai notes that annual equity grants to non-employee directors are a standard practice across many publicly traded companies, particularly in the industrial and aerospace sectors where Curtiss-Wright operates. This practice aims to align director incentives with long-term shareholder value, a common corporate governance trend.

Comparison to Industry Standards

• StockSavvy.ai observes that the practice of granting restricted stock to non-employee directors as part of their annual compensation is a widely adopted standard in corporate governance. Companies like General Dynamics (GD), Lockheed Martin (LMT), and Raytheon Technologies (RTX) often utilize similar equity-based compensation structures to incentivize their board members and align their interests with shareholders.
• The specific award value of $160,000 for a non-employee director is within the typical range for companies of Curtiss-Wright's size and market capitalization, though exact figures vary based on company-specific compensation philosophies and industry benchmarks.

Related Party Transactions

• The grant of restricted stock to Director Anthony J. Moraco constitutes a related party transaction as it involves compensation from the company to a member of its board.

Stakeholder Impact

• Shareholders: The grant aligns director incentives with shareholder interests, potentially fostering better long-term decision-making.
• Employees: No direct impact on general employees is indicated by this filing.
• Customers/Suppliers/Creditors: No direct impact on these stakeholders is indicated by this filing.

Next Steps

• Restrictions on the acquired shares will lapse upon the shorter of one year from the grant date (February 4, 2026) or the cessation of Anthony J. Moraco's service as a non-employee Director due to death, disability, or failure to be reelected.

Key Dates

Recommendation

This Form 4 filing details a routine annual equity grant to a non-employee director, which is a standard corporate governance practice aimed at aligning interests. It does not contain any new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals rather than this specific, non-eventful insider transaction.

Keywords

Curtiss-Wright, CW, Form 4, Insider Trading, Stock Grant, Director Compensation, Restricted Stock, Equity Award, Corporate Governance, Executive Compensation