Form 4: Curtiss-Wright Exec Kevin Rayment Sells Shares Under 10b5-1 Plan

Kevin Rayment, Vice President and COO of Curtiss-Wright Corporation, sold 8,415 shares of common stock on June 3, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Kevin Rayment, Vice President and COO of Curtiss-Wright Corporation, reported a transaction involving the sale of company stock.
• On June 3, 2024, Rayment sold 8,415 shares of Curtiss-Wright common stock at a price of $281.67 per share.
• The sale was executed under a 10b5-1 trading plan.
• Following the transaction, Rayment beneficially owns 19,914 shares of Curtiss-Wright common stock.
• Rayment remains in compliance with the company's ownership guidelines.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports a stock sale under a pre-arranged plan. There is no indication of positive or negative implications for the company.

Positives

• Rayment remains in compliance with the company's ownership guidelines.
• The sale was executed under a pre-arranged 10b5-1 trading plan, which is a legal and transparent way for insiders to sell shares.

Industry Context

Sales by insiders are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates