Curtiss-Wright grants RSUs to growth officer
Watts John C reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Watts John C reported acquisition or exercise transactions in this Form 4 filing.
Curtiss-Wright Corp reported that EVP & Chief Growth Officer John C. Watts received a grant of 183 time-based restricted stock units under the company’s 2024 Omnibus Incentive Plan. Each RSU represents one share of common stock and will cliff vest three years after the March 9, 2026 grant date. Following this award, his reported RSU total is 1,407 units, including dividend credits earned on prior grants.
Positive
- None.
Negative
- None.
Insights
Routine time-based RSU grant to a senior executive, structured as long-term equity compensation.
John C. Watts, EVP & Chief Growth Officer of Curtiss-Wright Corp, received 183 restricted stock units as a grant under the 2024 Omnibus Incentive Plan. The units have no purchase price and are categorized as an employee benefit transaction.
The RSUs are time-based and will cliff vest after a three-year vesting period starting on March 9, 2026, encouraging retention and long-term alignment with shareholders. After this award, Watts is reported to hold 1,407 RSUs, a modest equity stake consistent with ongoing executive compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 183 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. No price on the date of issue. The restricted stock units were granted as an employee benefit transaction.
- F3. Share total includes dividend credits earned on prior outstanding grants.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Curtiss-Wright (CW) report for John C. Watts?
How do the new RSUs for CW executive John C. Watts vest?
What does each restricted stock unit granted to the CW executive represent?
How many RSUs does CW’s John C. Watts hold after this Form 4 transaction?
Was there any purchase price for the CW RSUs granted to John C. Watts?
AI-generated analysis. How Rhea-AI works. Not financial advice.