Form 4: Curtiss-Wright Director S. Marce Fuller Sells Shares

Director S. Marce Fuller of Curtiss-Wright Corp. reports selling shares on May 23 and May 24, 2024.

Summary

• S. Marce Fuller, a director of Curtiss-Wright Corporation, reported the sale of company stock.
• On May 23, 2024, 5,300 shares of common stock were sold at a price of $281.04 per share.
• On May 24, 2024, an additional 5,300 shares were sold at a price of $281.20 per share.
• Following these transactions, Fuller directly owns 20,470.191 shares of Curtiss-Wright common stock.
• The reporting owner made a gift to a donor advised fund and then subsequently sold shares in the fund, with the reporting person acting as the trustee of the fund.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about insider trading activity.

Industry Context

This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. The information is used by investors to gauge sentiment and potential future actions by company insiders.

Comparison to Industry Standards

• Insider trading activity is closely monitored across the industry.
• Comparable companies like TransDigm Group and Heico Corporation also have similar reporting requirements for their executives and directors.
• The volume and frequency of insider transactions are often compared against historical data and peer group activity to identify any unusual patterns.

Related Party Transactions

• The May 24th transaction involved a gift to a donor advised fund, where the reporting person is the trustee.

Stakeholder Impact

• The stock sales may have a minor impact on shareholder sentiment, depending on how the market interprets the insider activity.
• The transactions do not directly impact employees, customers, suppliers, or creditors.

Key Dates