Form 4: S. Marce Fuller Reports Acquisition of Curtiss-Wright Corp Shares Upon Retirement
SEC Filing Form 4
S. Marce Fuller, a director of Curtiss-Wright Corp, acquired 19,624 shares of common stock upon retirement from the Board of Directors, according to a Form 4 filing.
Summary
- On May 6, 2024, S. Marce Fuller, a director of Curtiss-Wright Corp, filed a Form 4 indicating a change in beneficial ownership.
- Fuller acquired 19,624 shares of Curtiss-Wright common stock.
- The acquisition was made through the Corporation's 2014 Stock Plan for Non-employee Directors as of her retirement from the Board of Directors.
- The price per share was $268.17, based on the closing market price on May 3, 2024.
- Following the transaction, Fuller beneficially owns 31,070.191 shares of Curtiss-Wright common stock directly.
Sentiment
Score: 7
Explanation: The sentiment is neutral to positive. It reflects a standard transaction related to director compensation and retirement, with no immediate negative implications. The director's continued stake in the company could be viewed positively.
Positives
- The acquisition of shares reflects Fuller's continued stake in the company even after retirement.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed of changes in insider ownership.
Key Dates
| Date | Description |
|---|---|
| May 3, 2024 | Date recipient elected to receive his shares and date of closing market price used for share acquisition. |
| May 6, 2024 | Date of the transaction and filing of Form 4. |
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