Form 4: Woodward Inc. Director Gregg C. Sengstack Reports Stock Transactions
SEC Form 4 Filing
Director Gregg C. Sengstack of Woodward Inc. reports exercising stock options and selling shares on March 3, 2025.
Summary
- On March 3, 2025, Gregg C. Sengstack, a director of Woodward Inc., exercised non-qualified stock options to acquire 4,600 shares of common stock at a price of $40.26 per share.
- The director then sold a total of 4,600 shares in multiple open market sales at weighted average prices of $186.86, $188.15, and $189.02.
- Following these transactions, Sengstack directly owns 17,450 shares and indirectly owns 15,000 shares through the Dianne Sengstack 2020 Dynasty Trust.
- The options exercised were granted on October 1, 2016, and are fully vested and exercisable.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's future.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a director.
Key Dates
| Date | Description |
|---|---|
| 10/01/2016 | Date the Non-Qualified Stock Options were granted. |
| 03/03/2025 | Date of the reported transactions: option exercise and stock sales. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
| 10/01/2025 | Expiration date of the Non-Qualified Stock Options. |
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