Form 4: Curtiss-Wright Senior VP Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Curtiss-Wright's Senior VP & Corporate Controller, Gary A. Ogilby, sold 252 shares of common stock for an average price of $689.14 per share under a pre-arranged 10b5-1 trading plan.
Summary
- Gary A. Ogilby, Senior VP & Corporate Controller of Curtiss-Wright Corp (CW), reported a sale of common stock.
- The transaction involved the disposition of 252 shares of common stock.
- The shares were sold on March 18, 2026, at an average price of $689.14 per share.
- This sale was executed pursuant to a Rule 10b5-1 trading plan adopted on September 11, 2025.
- Following the transaction, Ogilby beneficially owns 2,571 shares of Curtiss-Wright common stock directly.
- The reported price of $689.14 is an average selling price, with shares sold in multiple transactions ranging from $682.74 to $698.09.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. While an insider sale, its execution under a pre-arranged Rule 10b5-1 plan mitigates concerns about management's immediate outlook on the company's prospects, as such plans are typically for personal financial planning.
Positives
- NA
Negatives
- A senior executive disposed of 252 shares of company common stock.
Risks
- NA
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider sales, even when executed under pre-arranged 10b5-1 plans, are common for executives managing personal finances, diversifying portfolios, or exercising stock options. This specific transaction does not inherently signal a broader industry trend or competitive shift for Curtiss-Wright.
Comparison to Industry Standards
- NA
Stakeholder Impact
- Shareholders may observe a slight negative sentiment due to insider selling, though this is largely mitigated by the disclosure that the sale was part of a pre-arranged 10b5-1 plan, indicating personal financial planning rather than a reaction to new company-specific information.
Key Dates
| Date | Description |
|---|---|
| 09/11/2025 | Rule 10b5-1 trading plan adopted by Gary A. Ogilby. |
| 03/18/2026 | Transaction date for the sale of common stock by Gary A. Ogilby. |
| 03/19/2026 | Signature date of the reporting person (via Power of Attorney). |
Recommendation
holdThe sale of 252 shares by a Senior VP, executed under a pre-arranged Rule 10b5-1 trading plan, is a routine personal financial management event and does not provide sufficient new information to alter the investment thesis for Curtiss-Wright. The relatively small number of shares sold compared to the executive's remaining holdings (2,571 shares) and the company's overall market capitalization suggests minimal impact on the company's fundamentals or future prospects. Therefore, a 'hold' recommendation is appropriate, maintaining current positions while monitoring broader company performance and market conditions.
Keywords
Curtiss-Wright, CW, Insider Trading, Form 4, Stock Sale, Gary A. Ogilby, 10b5-1 Plan, Senior VP, Corporate Controller
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