Form 4: Woodward Inc. EVP and COO Thomas G. Cromwell Executes Stock Option and Sells Shares

Thomas G. Cromwell, EVP and COO of Woodward Inc., exercised stock options and sold shares of the company's common stock on March 1, 2024.

Summary

• On March 1, 2024, Thomas G. Cromwell, the EVP and COO of Woodward, Inc., exercised non-qualified stock options to acquire 38,700 shares of Woodward Inc. common stock at a price of $97.13 per share.
• Following the exercise of the options, Cromwell sold 20,000 shares at $141.50 per share and 18,700 shares at a weighted average price of $142.50 per share.
• After these transactions, Cromwell directly owns 11,833 shares of Woodward Inc. common stock.
• Cromwell also indirectly owns 396 shares through the Woodward Retirement Savings Plan.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's trading activities and holdings in the company.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on the overall market reaction to the news.

Key Dates