Curtiss-Wright (CW) CEO Lynn Bamford granted 2,735 restricted stock units
Rhea-AI Filing Summary
Bamford Lynn M reported acquisition or exercise transactions in this Form 4 filing.
Curtiss-Wright Corp reported that Chair and CEO Lynn M. Bamford received a grant of 2,735 time-based restricted stock units (RSUs) under the company’s 2024 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of common stock.
The RSUs will cliff vest after a three-year vesting period from the March 9, 2026 grant date, aligning the award with longer-term performance. The grant was made as an employee benefit with no cash price on the grant date. Following this award, Bamford directly holds 22,281 shares and RSUs, a figure that includes dividend credits earned on prior grants.
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Insights
Routine RSU grant to CEO, no open-market trading or cash signal.
Curtiss-Wright granted Chair and CEO Lynn M. Bamford 2,735 time-based RSUs under the 2024 Omnibus Incentive Plan. This is classified as a grant or award acquisition, with each unit convertible into one share of common stock after vesting.
The RSUs cliff vest three years after the March 9, 2026 grant date, encouraging longer-term retention and alignment with shareholder interests. The filing notes no price on the issue date, confirming this as compensation rather than a market purchase or sale.
After this award, Bamford’s direct holdings total 22,281 shares and RSUs, including dividend credits on prior awards. With no open-market buying or selling and no remaining derivative positions listed, the disclosure mainly clarifies current equity-based compensation rather than signaling a change in sentiment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 2,735 | $0.00 | -- |
Footnotes (1)
- This is a time-based restricted stock unit ("RSU") grant under the Company's 2024 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs will cliff vest after a three-year vesting period from the date of grant, which was March 9, 2026. No price on the date of issue. The restricted stock units were granted as an employee benefit transaction. Share total includes dividend credits earned on prior outstanding grants.