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

John C. Watts, Vice President of Strategy and Business Development at Curtiss-Wright, reports acquisition of shares through a performance share grant and subsequent sale to cover tax obligations.

Summary

• John C. Watts, a Vice President at Curtiss-Wright Corporation, filed a Form 4 detailing changes in his beneficial ownership of company stock.
• On February 4, 2025, Watts acquired 1,492 shares of Curtiss-Wright common stock through a performance share grant under the company's 2014 Long Term Incentive Plan at a price of $344.57.
• On February 5, 2025, Watts sold 622 shares at $347.05 per share to cover income tax obligations associated with the vesting of the award.
• Following these transactions, Watts directly owns 5,072 shares of Curtiss-Wright common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects standard executive compensation and tax-related transactions, with no indication of significant positive or negative events.

Positives

• The performance share grant indicates that the company met certain performance targets related to shareholder return.
• The executive's continued direct ownership of 5,072 shares suggests confidence in the company's future performance.

Future Outlook

There is no specific future outlook provided in this document.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the trading activities of company insiders. This filing indicates standard compensation practices and tax-related sales.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Form 4, Curtiss-Wright, Stock, John C. Watts, Beneficial Ownership, Transactions, Performance Share Grant, Incentive Plan