Curtiss-Wright (CW) director Jeffrey Lyash granted restricted stock valued at $35,000
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lyash Jeffrey J. reported acquisition or exercise transactions in this Form 4 filing.
Curtiss-Wright Corp director Jeffrey J. Lyash received a grant of 48 shares of common stock as a board compensation award. The shares, valued at $35,000 based on a $724.43 closing price on the grant date, are restricted and vest after a service-based period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lyash Jeffrey J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 48 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 48 shares (Direct, null)
Footnotes (1)
- Shares were issued pursuant to the Company's 2024 Omnibus Incentive Plan in which newly elected non-employee directors receive an initial grant of restricted stock in the amount of $35,000 for service on the board. The restrictions on these shares lapse upon the shorter of (a) five years from the date of grant or (b) until such time as the service of the recipient as a non-employee director of the Company shall have ended by reason of his or her (i) death or disability or (ii) failure to be reelected. The number of shares calculated is based on the value of the award ($35,000.00) divided by the closing price of $724.43 for Issuer's common stock as reported by the New York Stock Exchange on May 7, 2026, the date the reporting person was elected to the Board of Directors.
Key Figures
Restricted stock grant: 48 shares
Award value: $35,000
Stock price used: $724.43 per share
+2 more
5 metrics
Restricted stock grant
48 shares
Initial board grant to Jeffrey J. Lyash on May 7, 2026
Award value
$35,000
Fixed value for newly elected non-employee directors
Stock price used
$724.43 per share
Curtiss-Wright common stock closing price on May 7, 2026
Post-transaction holdings
48 shares
Total common shares directly held by Lyash after grant
Vesting period maximum
5 years
Restrictions lapse after up to five years from grant date
Key Terms
restricted stock, 2024 Omnibus Incentive Plan, non-employee director, closing price
4 terms
restricted stock financial
"newly elected non-employee directors receive an initial grant of restricted stock in the amount of $35,000"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2024 Omnibus Incentive Plan financial
"Shares were issued pursuant to the Company's 2024 Omnibus Incentive Plan"
non-employee director financial
"newly elected non-employee directors receive an initial grant of restricted stock"
closing price financial
"based on the value of the award ($35,000.00) divided by the closing price of $724.43"
FAQ
What insider transaction did Curtiss-Wright (CW) report for Jeffrey J. Lyash?
Curtiss-Wright reported that director Jeffrey J. Lyash received a grant of 48 shares of common stock. The award is part of his compensation for serving on the board and was issued as restricted stock under the company’s 2024 Omnibus Incentive Plan.
Is the Curtiss-Wright (CW) stock granted to Jeffrey J. Lyash immediately vested?
No, the shares are restricted stock. Restrictions lapse after the shorter of five years from the grant date or when Lyash’s board service ends due to death, disability, or failure to be reelected as a non-employee director.
What plan governs the restricted stock grant to Curtiss-Wright (CW) director Jeffrey J. Lyash?
The grant was made under Curtiss-Wright’s 2024 Omnibus Incentive Plan. This plan provides newly elected non-employee directors with an initial restricted stock award valued at $35,000 for their service on the company’s board of directors.