STOCK TITAN

Curtiss-Wright (NYSE: CW) launches $200M Rule 10b5-1 repurchase plan

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Curtiss-Wright Corporation adopted a Rule 10b5-1 trading plan on September 10, 2025 to repurchase up to $200 million of its common stock. This plan operates under the company’s previously announced share repurchase authorizations, which currently have $334 million available.

The plan will begin no earlier than September 10, 2025 and is expected to be completed in the fourth quarter of 2025. After the plan is fully used, Curtiss-Wright expects to have $134 million of repurchase authorization remaining. A broker, acting under preset terms, will execute the repurchases, allowing the company to continue buying shares even during blackout periods, subject to market conditions and legal requirements.

Positive

  • None.

Negative

  • None.

Insights

Curtiss-Wright pre-programs up to $200M of buybacks via a Rule 10b5-1 plan.

Curtiss-Wright is implementing a Rule 10b5-1 trading plan to repurchase up to $200 million of stock under its existing $334 million authorization. The company indicates the plan is expected to conclude in the fourth quarter of 2025, after which it anticipates $134 million in remaining repurchase capacity.

The Rule 10b5-1 framework allows a broker to execute purchases under predetermined parameters, helping repurchases continue during self-imposed blackout periods or times when insider trading constraints apply. Actual buyback activity will still depend on factors such as the trading price and volume of the shares and broader exchange-traded market conditions, which the company highlights as risks.

The disclosure also notes that capital needs and other investment requirements could alter how much of the authorization is ultimately used. Future 10-Q and 10-K reports are identified as the place where investors can see realized repurchase volumes and the pace of execution over the remainder of 2025.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
0000026324False00000263242025-09-102025-09-10

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 10, 2025
CURTISS-WRIGHT CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Delaware1-13413-0612970
(State or Other
Jurisdiction of
Incorporation)
(Commission File
Number)
(IRS Employer
Identification No.)
130 Harbour Place Drive, Suite 300
Davidson,North Carolina28036
(Address of principal executive offices)(Zip Code)

Registrant's telephone number, including area code: (704) 869-4600
--------------
Not applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockCWNew York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.






Item 8.01 Other Events

On September 10, 2025, Curtiss-Wright Corporation (the “Company”) adopted a written trading plan under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The Company implemented this written trading plan in connection with its previously announced share repurchase programs, under which the total amount available for repurchases under current authorizations is $334 million.

The trading plan will include purchases in the total amount of $200 million. This written trading plan will not be effective before September 10, 2025, and will cease upon full use of the $200 million, which is expected to conclude in the fourth quarter of 2025. Following completion of this plan, the Company expects to have $134 million in authorization remaining.

Adopting a trading plan that satisfies the conditions of Rule 10b5-1 allows a company to repurchase its shares at times when it might otherwise be prevented from doing so due to self-imposed trading blackout periods or pursuant to insider trading laws. A broker selected by the Company will have the authority under the terms and limitations specified in the plan to repurchase shares on the Company’s behalf in accordance with the terms of the plan. After the expiration of the current trading plan, the Company may from time to time enter into subsequent trading plans under Rule 10b5-1 to facilitate the repurchase of its common stock pursuant to its share repurchase program.

Information regarding share repurchases will be available in the Company’s periodic reports on Form 10-Q and 10-K filed with the Securities and Exchange Commission as required by the applicable rules of the Exchange Act.

This report contains forward-looking information, as that term is defined under the Exchange Act, including information regarding purchases by the Company of its common stock pursuant to a 10b5-1 trading plan. By their nature, forward-looking information and statements are subject to risks, uncertainties, and contingencies, including changes in price and volume and the volatility of the Company’s common stock; adverse developments affecting either or both of prices and trading of exchange-traded securities, including securities listed on the New York Stock Exchange; and unexpected or otherwise unplanned or alternative requirements with respect to the capital investments of the Company. The Company’s 2024 Annual Report on Form 10-K filed with the SEC on February 13, 2025, as well as our quarterly report on Form 10-Q for the second quarter, includes information regarding other risk factors and cautionary information. The Company does not undertake to update any forward-looking statements or information, including those contained in this report.

On September 10, 2025, the Company issued a press release announcing the above-described transaction. A copy of the press release is furnished with this Current Report on Form 8-K as Exhibit 99.1 and is incorporated into this Item 8.01 by reference.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(a) Not applicable.

(b) Not applicable.

(c) Not applicable.

(d) Exhibits.

99.1 Press Release dated September 10, 2025




SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

CURTISS-WRIGHT CORPORATION
By: /s/ K. Christopher Farkas
K. Christopher Farkas
Vice President and
Chief Financial Officer
Date: September 11, 2025


FAQ

What share repurchase action did Curtiss-Wright (CW) disclose?

Curtiss-Wright adopted a written Rule 10b5-1 trading plan on September 10, 2025 to facilitate repurchases of its common stock under its existing share repurchase programs.

How much stock can Curtiss-Wright repurchase under the new 10b5-1 plan?

The trading plan provides for purchases in the total amount of $200 million of Curtiss-Wright common stock.

What is Curtiss-Wright27s total remaining share repurchase authorization?

At adoption, the company27s current authorizations allowed for $334 million of repurchases, and it expects to have about $134 million remaining after the $200 million plan is fully used.

When will Curtiss-Wright27s 10b5-1 share repurchase plan be in effect?

The written trading plan will not be effective before September 10, 2025 and is expected to conclude in the fourth quarter of 2025, or earlier if the full $200 million is used.

Why is Curtiss-Wright using a Rule 10b5-1 trading plan for buybacks?

A Rule 10b5-1 plan lets a broker repurchase shares under preset terms at times when the company might otherwise be restricted, such as during trading blackout periods or under insider trading laws.

Where will Curtiss-Wright report its actual share repurchases?

Information on share repurchases will appear in Curtiss-Wright27s periodic reports on Forms 10-Q and 10-K filed with the SEC, as required by Exchange Act rules.

What risks does Curtiss-Wright highlight regarding its share repurchase plan?

The company notes risks including changes in the price and volume of its stock, volatility in exchange-traded securities, and unplanned capital investment requirements that could affect repurchase activity.