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.
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.
How many Curtiss-Wright (CW) shares does the director own after this transaction?
After the reported transaction, the director beneficially owns 5,988 shares of Curtiss-Wright Corporation common stock in direct ownership.
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.
When were the Curtiss-Wright (CW) director’s shares originally earned and when received?
The 981 shares reported were earned in 2022, but the director deferred receipt until January 2, 2026, when the shares were delivered.
How was the number of Curtiss-Wright (CW) shares for the director’s award calculated?
The share count for the annual restricted stock award was calculated by dividing the award’s value by the NYSE closing price of Curtiss-Wright common stock on the date the Board initially approved the award, then rounding up to the nearest whole share and adding dividend credits.
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.