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

Robert Freda, Vice President and Treasurer of Curtiss-Wright Corp, reports the acquisition and disposition of company stock and restricted stock units.

Summary

• On March 19, 2024, Robert Freda, Vice President and Treasurer of Curtiss-Wright Corporation, acquired 335 shares of common stock through a restricted share unit grant with no price on the date of issue.
• These units vest in common stock shares of Curtiss-Wright Common Stock after a three-year vesting period under the Company's 2014 Long Term Incentive Plan.
• On the same day, Freda sold 100 shares of common stock at a price of $243.726 per share to cover tax obligations associated with the vesting of the award.
• Following these transactions, Freda directly owns 4,198 shares of common stock.
• Freda also directly owns 4,585 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports routine stock transactions related to executive compensation.

Positives

• The acquisition of restricted stock units indicates a long-term incentive alignment between the executive and the company's performance.

Future Outlook

The restricted stock units vest over a three-year period, aligning executive compensation with long-term company performance.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation plans and tax obligations.

Stakeholder Impact

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

Key Dates