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

John C. Watts, Vice President of Strategy & Business Development at Curtiss-Wright, reports the acquisition of shares through a restricted stock unit grant and the sale of shares to cover tax obligations.

Summary

• On March 19, 2024, John C. Watts, Vice President of Strategy & Business Development at Curtiss-Wright Corporation, acquired 488 shares of common stock through a restricted share unit grant.
• These shares were granted under the company's 2014 Long Term Incentive Plan and vest after a three-year period.
• On the same day, Watts sold 200 shares of common stock at a price of $243.78 per share.
• The sale was conducted to cover tax obligations associated with the vesting of the restricted stock units, in compliance with the company's share ownership guidelines.
• Following these transactions, Watts directly owns 4,570 shares of Curtiss-Wright common stock and 1,442 restricted stock units.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transactions are routine and reflect standard executive compensation practices. The executive is complying with share ownership guidelines.

Positives

• The acquisition of shares through the restricted stock unit grant aligns Watts' interests with the long-term performance of Curtiss-Wright.
• The sale of shares to cover tax obligations ensures compliance with the company's share ownership guidelines.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of insiders and helps maintain fair market practices.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• The disclosure provides transparency to shareholders regarding executive stock ownership.

Key Dates