Form 4: Woodward Inc. Chairman and CEO Charles Blankenship Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Charles Blankenship, Chairman and CEO of Woodward, Inc., reports changes in beneficial ownership of company stock due to tax withholding and dividend reinvestment.
Summary
- Charles Blankenship, Chairman and CEO of Woodward, Inc., filed a Form 4 to report changes in his beneficial ownership of the company's common stock.
- On May 9, 2025, 15,936 shares were disposed of to cover withholding taxes related to the vesting of restricted stock units (RSUs) at a price of $196.49 per share.
- Following the transaction, Blankenship directly owns 72,878 shares of Woodward, Inc. common stock.
- He also indirectly owns 360 shares through the Woodward Retirement Savings Plan.
- The total direct holdings include 118 additional shares and units issued through the dividend reinvestment provisions of the Issuer's RSU awards.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating neutral sentiment. It reflects standard transactions related to executive compensation and tax obligations.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard practices related to executive compensation and tax obligations.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The transactions have a minimal impact on the company's overall financial position.
Key Dates
| Date | Description |
|---|---|
| 05/08/2025 | Date of calculation for shares held in the Woodward Retirement Savings Plan. |
| 05/09/2025 | Date of transaction involving the disposal of shares for tax withholding. |
| 05/13/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, Woodward Inc., WWD, Charles Blankenship, RSU, Stock, Dividend Reinvestment, Tax Withholding
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