Form 4: Woodward Inc. Executive Receives Restricted Stock Units

Terence J. Voskuil, EVP and President of Aerospace at Woodward, Inc., was granted 2,136 Restricted Stock Units (RSUs) on February 10, 2025.

Summary

• Terence J. Voskuil, an executive at Woodward, Inc., received 2,136 Restricted Stock Units (RSUs) on February 10, 2025.
• The RSUs vest in three tranches: 34% on February 10, 2026, and 33% on each subsequent one-year anniversary.
• Upon vesting, Voskuil will receive one share of Woodward, Inc. Common Stock per RSU, plus additional shares from dividend reinvestments.
• Following the transaction, Voskuil directly owns 5,151 shares of Woodward, Inc. Common Stock and indirectly owns 4,762 shares through the Woodward Retirement Savings Plan.
• The information regarding shares held in the Woodward Retirement Savings Plan is based on a calculation as of February 10, 2025.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating stability and alignment of interests. It's a neutral to slightly positive event.

Positives

• The grant of RSUs aligns the executive's interests with those of the shareholders, incentivizing performance and long-term value creation.

Future Outlook

The vesting schedule of the RSUs extends into the future, suggesting a commitment to long-term performance and retention of the executive.

Industry Context

Executive compensation through stock grants is a common practice in publicly traded companies to align management's interests with shareholder value.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive incentive for the executive to drive long-term value.
• The executive benefits from the potential future value of the stock units.

Key Dates

Keywords

Woodward Inc., WWD, Restricted Stock Units, RSUs, Beneficial Ownership, Form 4, Executive Compensation, Terence J. Voskuil, Aerospace