Form 4: Woodward Inc. Executive Karrie M. Bem Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Karrie M. Bem, EVP, Gen Counsel & Corp Sec of Woodward, Inc., reports the acquisition of 1,618 Restricted Stock Units (RSUs) on February 10, 2025.
Summary
- On February 10, 2025, Karrie M. Bem, EVP, Gen Counsel & Corp Sec of Woodward, Inc., acquired 1,618 Restricted Stock Units (RSUs).
- The RSUs vest at a rate of 34% on February 10, 2026, and 33% on each subsequent one-year anniversary.
- Upon vesting, Bem will receive one share of Woodward, Inc. Common Stock per RSU, plus additional shares from dividend reinvestments.
- Following the transaction, Bem beneficially owns 3,963 shares of Woodward, Inc. Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. It reflects standard executive compensation practices, aligning management interests with shareholders through equity.
Positives
- The acquisition of RSUs aligns the executive's interests with those of the shareholders.
- The vesting schedule encourages long-term commitment from the executive.
Future Outlook
The document does not contain explicit forward-looking statements beyond the vesting schedule of the RSUs.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the equity-based compensation awarded to key personnel.
Stakeholder Impact
- Shareholders may view the RSU grant as a positive incentive for the executive to drive long-term value.
- Employees may see this as a standard practice for executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/10/2025 | Date of RSU transaction. |
| 02/10/2026 | First vesting date for 34% of the RSUs. |
| One-year anniversary thereafter | Subsequent vesting dates for 33% of the RSUs each year. |
| 02/12/2025 | Date of signature for the Form 4 filing. |
Keywords
Woodward Inc., RSU, Restricted Stock Units, Karrie M. Bem, Executive Compensation, Form 4, Beneficial Ownership
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