Form 4: Curtiss-Wright Exec John C. Watts Reports Stock Transactions

John C. Watts, Vice President of Strategy & Business Development at Curtiss-Wright Corp, reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.

Summary

• On March 17, 2025, John C. Watts, Vice President of Strategy & Business Development at Curtiss-Wright Corporation, acquired 565 shares of common stock through the vesting of restricted stock units (RSUs) granted on March 17, 2022, under the company's 2014 Omnibus Incentive Plan.
• The RSUs cliff vested after a three-year period.
• On March 18, 2025, Watts sold 228 shares of common stock at an average price of $325.41 per share, with prices ranging from $324.12 to $327.23.
• The sale was conducted to cover tax obligations associated with the vesting of the RSU award, and Watts remains in compliance with the company's share ownership guidelines.
• Following these transactions, Watts beneficially owns 5,409 shares of common stock and 1,223 restricted stock units, which includes dividend credits earned on prior outstanding grants.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The reporting person remains in compliance with the company's share ownership guidelines.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the sale of shares by an executive, but the overall impact is likely minimal.

Key Dates