Form 4: Woodward EVP's Stock Withholding for Taxes
Insider Transaction Report
Woodward, Inc. EVP Shawn M McLevige reported a disposition of 54 common shares to cover tax withholdings on restricted stock unit vesting.
Summary
- Shawn M McLevige, EVP and President, Aerospace at Woodward, Inc. (WWD), reported a transaction on February 12, 2026.
- The transaction involved the disposition of 54 shares of Woodward, Inc. Common Stock at a price of $380.43 per share.
- These shares were withheld by the Issuer to cover withholding taxes in connection with the vesting of restricted stock units granted to Mr. McLevige in a previous year.
- The shares were not issued to or sold by the reporting person.
- Following this transaction, Mr. McLevige directly beneficially owns 3,095 shares of Woodward, Inc. Common Stock.
- Additionally, Mr. McLevige indirectly beneficially owns 846 shares through the Woodward Retirement Savings Plan, with this information calculated as of February 9, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. It reports a routine, non-discretionary transaction for tax purposes and provides no new information regarding the company's operational or financial performance.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
StockSavvy.ai notes that this Form 4 filing details a routine, non-discretionary insider transaction. The disposition of shares to cover tax obligations upon the vesting of restricted stock units is a common occurrence for executives receiving equity compensation and is not indicative of a change in management''s view of the company's prospects.
Stakeholder Impact
- Shareholders: Minimal to no direct impact, as this is a routine tax-related transaction and not a discretionary sale by an executive.
- Employees: No direct impact beyond the reporting person.
Key Dates
| Date | Description |
|---|---|
| 02/09/2026 | Date as of which the number of shares held in the Woodward Retirement Savings Plan was calculated. |
| 02/12/2026 | Date of the reported transaction (disposition of shares for tax withholding). |
| 02/13/2026 | Date the Form 4 filing was signed. |
Recommendation
holdThis Form 4 filing reports a routine, non-discretionary disposition of shares for tax withholding purposes related to restricted stock unit vesting. It does not provide any new material information about Woodward, Inc.'s operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals.
Keywords
Woodward Inc, WWD, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, Tax Obligations, Executive Compensation
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