Curtiss-Wright director granted 221 deferred shares
Wallace Peter C reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Wallace Peter C reported acquisition or exercise transactions in this Form 4 filing.
Curtiss-Wright director Peter C. Wallace reported receiving 221 shares of common stock as a deferred restricted stock award. The shares were issued under the company’s 2024 Omnibus Incentive Plan as part of his non-employee director compensation. Following this grant, he directly holds 6,209 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 221 | $719.99 | $159K |
Footnotes (3)
- F1. 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 at a later date.
- F2. Reflects the annual restricted stock award that was earned in 2021, but receipt was deferred to June 1, 2025. Number of shares acquired is calculated based on the value of the award ($125,000) divided by the closing price of $115.24 for the Issuer's common stock as reported by the New York Stock Exchange on February 16, 2021, the date the Board initially approved the award. The number of shares is rounded up to the nearest whole share and includes dividend credits earned on outstanding award. This amount reflects 20% of the Reporting Person's restricted stock award as the reporting person elected to receive the restricted stock in five equal installments beginning June 1, 2025.
- F3. Price is based on the closing market price for the Issuer's securities on the New York Stock Exchange as of June 1, 2026. The date recipient elected to receive his shares.
Key Figures
Key Terms
2024 Omnibus Incentive Plan financial
restricted stock award financial
defer their compensation financial
dividend credits financial
FAQ
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What insider transaction did Curtiss-Wright (CW) report for Peter C. Wallace?
What is the origin and value basis of Peter C. Wallace’s Curtiss-Wright (CW) award?
How is the Curtiss-Wright (CW) restricted stock award to Peter C. Wallace structured over time?
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