WWD.NASDAQWoodward, INC

Form 4: Woodward Inc. EVP and COO Thomas G. Cromwell Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4

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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 and an update to shares held in the Woodward Retirement Savings Plan.

Summary

  • On October 3, 2024, Woodward Inc. EVP and COO Thomas G. Cromwell had 379 shares of Woodward Inc. Common Stock withheld by the issuer to cover withholding taxes related to the vesting of restricted stock units at a price of $166.27 per share.
  • Following the transaction, Cromwell directly owns 11,511 shares of Woodward Inc. Common Stock.
  • Cromwell also indirectly owns 398 shares through the Woodward Retirement Savings Plan, based on a calculation as of October 4, 2024.
  • The total direct ownership includes 57 additional shares and units issued in connection with the dividend reinvestment provisions of the Issuer's RSU awards.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document is a standard SEC filing detailing changes in beneficial ownership, primarily related to tax withholdings on vested stock units.

Industry Context

This filing is a routine disclosure related to executive compensation and holdings, and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it reflects insider activity related to executive compensation.

Key Dates

DateDescription
10/03/2024Date of transaction involving the withholding of shares for tax purposes.
10/04/2024Date of calculation for shares held in the Woodward Retirement Savings Plan.
10/07/2024Date of report filing.

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