Form 4: Woodward Inc. Director Receives Restricted Stock Units

Director Mary D. Petryszyn acquired 856 Restricted Stock Units (RSUs) of Woodward, Inc. on October 1, 2024, which will vest on October 1, 2025.

Summary

• Mary D. Petryszyn, a director of Woodward, Inc., reported a transaction on October 1, 2024.
• She acquired 856 Restricted Stock Units (RSUs).
• These RSUs will vest 100% on October 1, 2025.
• Upon vesting, she will receive one share of Woodward, Inc. common stock per RSU, plus additional shares from dividend reinvestments.
• Following the transaction, Petryszyn beneficially owns 1,924 shares of Woodward, Inc. common stock, including shares and units issued through dividend reinvestment.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The granting of RSUs is a common practice and aligns the director's interests with the company's performance. There are no explicitly negative aspects.

Positives

• The acquisition of RSUs aligns the director's interests with the company's long-term performance.
• Dividend reinvestment provisions further increase the director's stake in the company.

Future Outlook

The director's holdings will increase upon the vesting of the RSUs in October 2025.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.
• The RSU grant incentivizes the director to work towards the company's long-term success.

Key Dates