Form 4: Curtiss-Wright Senior VP Acquires, Sells Shares

Curtiss-Wright's Senior VP & Treasurer, Robert F. Freda, acquired shares through a performance grant and subsequently sold a portion to cover tax obligations.

Summary

• Robert F. Freda, Senior VP & Treasurer of Curtiss-Wright Corporation, acquired 784 shares of common stock on February 3, 2026.
• The acquisition was a performance share grant under the Company's 2014 Long Term Incentive Plan, based on the company's three-year total shareholder return against its peer group, with a deemed price of $674.32 per share.
• Following this acquisition, Mr. Freda's beneficial ownership increased to 5,605 shares.
• On February 4, 2026, Mr. Freda sold 418 shares of common stock at an average price of $626.95 per share.
• The sale was conducted in compliance with the Company's share ownership guidelines to cover individual income tax obligations associated with the vesting of the award.
• After the sale, Mr. Freda's beneficial ownership stands at 5,187 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine executive compensation transaction involving the vesting of performance shares and a subsequent tax-related sale, which is a common practice.

Positives

• Executive acquired shares through a performance-based incentive plan, aligning management interests with shareholder returns.
• The performance share grant was based on the company's three-year total shareholder return against its peer group, suggesting strong past performance relative to competitors.

Negatives

• A portion of the vested shares was sold, which reduces the executive's direct ownership, although it was for tax obligations.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that routine insider transactions, such as the vesting of performance shares and subsequent sale to cover tax liabilities, are common across industries and generally do not signal a change in company fundamentals or executive confidence. This transaction reflects the standard operation of long-term incentive plans tied to performance.

Stakeholder Impact

• Shareholders: The transaction is a routine part of executive compensation and share ownership guidelines, not indicating a significant shift in company strategy or performance.
• Employees: No direct impact mentioned.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction where an executive acquired shares through a performance grant and subsequently sold a portion to cover tax obligations. Such transactions are common and generally do not indicate a change in the company's fundamental outlook or the executive's confidence. Therefore, it does not provide new information that would warrant a change from a 'hold' position based solely on this filing.

Keywords

Curtiss-Wright, CW, Insider Trading, Form 4, Stock Transaction, Executive Compensation, Performance Shares, Robert F. Freda