Form 4: Woodward Inc. Director Gifts Shares to Dynasty Trust

Director Gregg C. Sengstack gifted 8,450 shares of Woodward Inc. common stock to the Dianne Sengstack 2020 Dynasty Trust on March 7, 2025.

Summary

• On March 7, 2025, Gregg C. Sengstack, a director of Woodward, Inc., gifted 8,450 shares of Woodward, Inc. common stock.
• These shares were transferred from Sengstack's direct ownership to the Dianne Sengstack 2020 Dynasty Trust.
• Following the transaction, Sengstack directly owns 9,000 shares and indirectly owns 23,450 shares through the trust.
• Sengstack serves as the trustee of the Dianne Sengstack 2020 Dynasty Trust and has sole voting and investment power over the shares held in the trust.

Sentiment

Score: 5

Explanation: This is a neutral transaction; a director gifting shares to a trust is a common practice and doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Transactions of this nature are common for corporate insiders and are often related to estate planning or tax management strategies.

Related Party Transactions

• The gifting of shares to the Dianne Sengstack 2020 Dynasty Trust, of which Gregg C. Sengstack is the trustee, constitutes a related party transaction.

Stakeholder Impact

• This transaction has minimal direct impact on stakeholders as it is a transfer of ownership for estate planning purposes and does not involve a sale on the open market.

Key Dates