Form 4: Curtiss-Wright Director Robert J. Rivet Acquires Shares Through Incentive Plan

Director Robert J. Rivet acquired 979 shares of Curtiss-Wright Corp. common stock through the company's 2024 Omnibus Incentive Plan.

Summary

• On January 21, 2025, Robert J. Rivet, a director of Curtiss-Wright Corporation, acquired 979 shares of common stock.
• The acquisition was made through the company's 2024 Omnibus Incentive Plan, where non-employee directors can elect to defer compensation or receive their annual retainer and meeting fees in stock.
• The price per share was $366.92, based on the closing market price on January 20, 2025.
• Following the transaction, Rivet directly owns 15,567.85 shares of Curtiss-Wright common stock.

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.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It reflects a director's participation in a company-sponsored incentive plan, aligning their interests with shareholders.

Comparison to Industry Standards

• Director share acquisitions through incentive plans are a common practice among publicly traded companies.
• Companies like TransDigm Group Incorporated and HEICO Corporation also utilize similar stock-based compensation plans for their directors and executives.
• These plans are designed to align the interests of management with those of shareholders, incentivizing long-term value creation.

Stakeholder Impact

• The transaction could have a slightly positive impact on shareholders as it signals confidence from a company director.

Key Dates