Form 4: Woodward COO's Tax Withholding on RSU Vesting

Woodward, Inc.'s EVP and COO, Thomas G. Cromwell, reported the withholding of 1,128 common shares by the issuer to cover tax liabilities related to the vesting of restricted stock units.

Summary

• Thomas G. Cromwell, Executive Vice President and Chief Operating Officer of Woodward, Inc. (WWD), reported a transaction on February 12, 2026.
• 1,128 shares of Woodward, Inc. Common Stock were disposed of at a price of $380.43 per share.
• This disposition was not a sale by Mr. Cromwell but rather shares withheld by Woodward, Inc. to cover tax obligations associated with the vesting of previously granted restricted stock units.
• Following this transaction, Mr. Cromwell directly beneficially owns 16,023 shares and indirectly owns 490 shares through the Woodward Retirement Savings Plan, as calculated on February 9, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. It's a routine tax-related transaction for executive compensation and does not indicate any change in company performance or executive confidence.

Positives

• The vesting of restricted stock units (RSUs) indicates successful achievement of performance or tenure milestones, which is a positive for executive compensation and retention.

Negatives

• No direct negatives identified as the disposition was solely for tax withholding purposes, not a voluntary sale by the executive.

Risks

• NA

Future Outlook

NA

Industry Context

StockSavvy.ai notes that tax-related dispositions of shares upon RSU vesting are a common and routine occurrence for executives receiving equity compensation across various industries. This transaction does not signal a change in executive sentiment or company fundamentals.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: Indicates the routine vesting of executive equity compensation, which is a standard component of executive pay packages.

Key Dates

Recommendation

This Form 4 filing details a routine tax withholding event related to the vesting of restricted stock units for an executive. It is not a discretionary sale and therefore provides no new information to alter an investment thesis. The transaction is neutral for the stock's outlook.

Keywords

Woodward, WWD, Form 4, insider transaction, executive compensation, restricted stock units, RSU, tax withholding