Curtiss-Wright (CW) director receives 981 deferred shares under 2024 plan
Rhea-AI Filing Summary
Curtiss-Wright Corporation director stock award and deferral
A director of Curtiss-Wright Corporation acquired 981 shares of common stock on 01/02/2026, reported as an acquisition transaction. Following this award, the director beneficially owns 5,988 shares directly.
The shares were issued under the company’s 2024 Omnibus Incentive Plan, which allows non-employee directors to defer compensation, including annual restricted stock awards and cash retainers, into stock to be received at a later date. The 981 shares relate to compensation earned in 2022 but deferred until January 2, 2026, with the number of shares determined by dividing the award value by the New York Stock Exchange closing price on the Board’s original approval date and rounded up to the nearest whole share, including related dividend credits. The reported price reference is the $572.38 NYSE closing price as of January 2, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 981 | $572.38 | $562K |
Footnotes (1)
- Shares were acquired through the Corporation's 2024 Omnibus Incentive Plan whereby non-employee directors may elect to defer their compensation, including their annual restricted stock award, and/or receive their annual retainer and meeting fees in the form of stock to a later date. This amount reflects shares that were earned in 2022, but receipt was deferred to January 2, 2026. Share total represents the annual restricted stock award to be received in stock in that year. The number of shares acquired for the annual restricted stock award is calculated based on the value of the award divided by the closing price for the Issuer's common stock as reported by the New York Stock Exchange on the date the Board initially approved the award. The number of shares is rounded up to the nearest whole share and included dividend credits earned on outstanding awards. Price is based on the closing market price for the Issuer's securities on the New York Stock Exchange as of January 2, 2026. The date recipient elected to receive his shares.
FAQ
What insider transaction was reported for CW in this filing?
The filing reports that a director of Curtiss-Wright Corporation (CW) acquired 981 shares of common stock on 01/02/2026, classified as an acquisition transaction.
What plan was used for the director’s stock acquisition at Curtiss-Wright (CW)?
The shares were acquired through the company’s 2024 Omnibus Incentive Plan, which permits non-employee directors to defer compensation and receive it later in the form of stock, including annual restricted stock awards and retainers.
What price is referenced for the Curtiss-Wright (CW) director’s stock receipt?
The filing notes a price of $572.38, based on the New York Stock Exchange closing market price for Curtiss-Wright securities as of January 2, 2026, the date the director elected to receive the deferred shares.