Form 4: Woodward Executive Executes Planned Stock Sale

Karrie M. Bem, EVP and General Counsel of Woodward, Inc., sold 185 shares of common stock under a Rule 10b5-1 trading plan.

Summary

• Karrie M. Bem, EVP, General Counsel & Corporate Secretary of Woodward, Inc., sold 185 shares of common stock.
• The transaction occurred on May 20, 2026, at a price of $355 per share.
• The sale was executed pursuant to a Rule 10b5-1 trading plan adopted on February 12, 2026.
• Following the transaction, the reporting person directly owns 3,648 shares of Woodward, Inc. common stock.
• The reporting person also maintains an indirect interest in 78 shares through the Woodward Retirement Savings Plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a small portion of the executive's total holdings.

Positives

• The sale was conducted under a pre-established Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell shares without concerns regarding insider trading.

Negatives

• The transaction represents a reduction in the direct equity stake held by a key executive.

Risks

• General market volatility affecting the share price of Woodward, Inc.

Future Outlook

No forward-looking guidance provided in this filing.

Industry Context

StockSavvy.ai notes that routine insider selling under 10b5-1 plans is a common practice among corporate executives and typically does not signal a change in company fundamentals or management sentiment.

Comparison to Industry Standards

• The use of Rule 10b5-1 plans is the industry standard for executives at major aerospace and industrial companies to manage personal liquidity while maintaining compliance with SEC regulations.

Stakeholder Impact

• Minimal impact on shareholders as the sale was executed via a pre-planned trading program.

Next Steps

• No future actions or milestones mentioned.

Key Dates

Keywords

Woodward Inc, WWD, Insider Trading, Form 4, Executive Stock Sale, Rule 10b5-1