WWD.NASDAQWoodward, INC

Form 4: Woodward Inc. Executive Randall Hobbs Reports Stock Disposal for Tax Obligations

Sentiment:

SEC Form 4

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Randall Hobbs, EVP and President of Industrial at Woodward Inc., disposed of 386 shares to cover withholding taxes related to vesting restricted stock units.

Summary

  • On February 12, 2025, Randall Hobbs, EVP and President, Industrial at Woodward, Inc., disposed of 386 shares of Woodward Inc. common stock to cover withholding taxes related to the vesting of restricted stock units.
  • The shares were disposed of at a price of $190.95 per share.
  • Following the transaction, Hobbs directly owns 50,688 shares of Woodward Inc. common stock.
  • Hobbs also indirectly owns 136 shares through the Woodward Retirement Savings Plan, based on a calculation as of February 10, 2025.

Sentiment

Score: 5

Explanation: This is a routine transaction related to tax obligations, so it doesn't significantly impact sentiment. It's a neutral event.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This transaction is related to tax obligations arising from the vesting of restricted stock units, a common form of executive compensation.

Stakeholder Impact

  • The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.

Key Dates

DateDescription
02/10/2025Date used for calculation of shares held in Woodward Retirement Savings Plan.
02/12/2025Date of stock disposal transaction.
02/14/2025Date of signature on the Form 4 filing.

Keywords

Woodward Inc., Randall Hobbs, Form 4, Stock Disposal, Restricted Stock Units, Beneficial Ownership, Executive Compensation, WWD

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