Form 4: Woodward Inc. EVP and COO Thomas G. Cromwell Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Thomas G. Cromwell, EVP and COO of Woodward Inc., reports a transaction involving the withholding of shares to cover taxes related to vesting restricted stock units.
Summary
- On February 12, 2025, Woodward Inc.'s EVP and COO, Thomas G. Cromwell, had 859 shares of common stock withheld by the issuer to cover withholding taxes related to the vesting of restricted stock units at a price of $190.95 per share.
- Following the transaction, Cromwell directly owns 15,456 shares of Woodward Inc. common stock.
- Cromwell also indirectly owns 398 shares through the Woodward Retirement Savings Plan, based on a calculation as of February 10, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a common practice.
Key Dates
| Date | Description |
|---|---|
| February 10, 2025 | Date of calculation for shares held in the Woodward Retirement Savings Plan. |
| February 12, 2025 | Date of transaction involving the withholding of shares for tax purposes. |
| February 14, 2025 | Date of signature for the Form 4 filing. |
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