Form 4: Curtiss-Wright Executive Robert F. Freda Reports Stock Transactions

Robert F. Freda, Vice President and Treasurer of Curtiss-Wright Corp, reports acquisition of shares through a performance share grant and subsequent sale to cover tax obligations.

Summary

• Robert F. Freda, Vice President and Treasurer of Curtiss-Wright Corporation, filed a Form 4 detailing changes in beneficial ownership.
• On February 4, 2025, Freda acquired 766 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.
• These shares vested based on the company's three-year total shareholder return against its peer group.
• On February 5, 2025, Freda sold 379 shares at $346.96 per share to cover individual income tax obligations associated with the vesting of the award.
• Following these transactions, Freda directly owns 4,667 shares of Curtiss-Wright common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The transactions are routine and related to executive compensation and tax obligations. The performance share grant suggests the company met certain performance targets.

Positives

• The performance share grant indicates that Curtiss-Wright's performance met the criteria set by the 2014 Long Term Incentive Plan.
• Executive share ownership aligns management's interests with those of shareholders.

Industry Context

Executive stock transactions are common and are often related to compensation plans and tax obligations. This filing provides transparency into the executive's holdings and transactions.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• They provide transparency into executive compensation and share ownership.

Key Dates

Keywords

Form 4, Curtiss-Wright, Robert F. Freda, Beneficial Ownership, Stock Transactions, Performance Share Grant, Executive Compensation