Form 4: Woodward Inc. Director John D. Cohn Reports Acquisition of Restricted Stock Units and Stock Options

Director John D. Cohn reports acquisition of Restricted Stock Units and Stock Options in Woodward, Inc.

Summary

• On October 1, 2024, John D. Cohn, a director of Woodward, Inc., acquired 428 Restricted Stock Units (RSUs) and 939 Non-Qualified Stock Options.
• The RSUs will vest 100% on October 1, 2025, and upon vesting, Cohn will receive one share of Woodward, Inc. common stock per RSU, plus additional shares from dividend reinvestment.
• The stock options, with an exercise price of $169.34, become exercisable on October 1, 2025, and expire on October 1, 2034.
• Following the reported transactions, Cohn beneficially owns 20,961 shares of Woodward, Inc. common stock, including shares and units issued through dividend reinvestment.
• The reporting was filed on October 3, 2024.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of RSUs and stock options by a director signals confidence in the company's future performance.

Future Outlook

The vesting of RSUs and exercisability of stock options in 2025 could potentially increase Cohn's holdings in Woodward, Inc.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates