Curtiss-Wright (CW) COO buys stock through employee purchase plan
Rhea-AI Filing Summary
Curtiss-Wright Corporation executive reports share purchase under employee plan. Executive Vice President and COO Kevin M. Rayment acquired 10 shares of Curtiss-Wright common stock on 01/05/2026 through the company’s Employee Stock Purchase Plan (ESPP). The filing states the shares were bought at a price of $472.17 per share, determined with a 15% discount to the average selling price of the company’s common stock on December 31, 2025, the last day of the six-month offering period. Following this transaction, Rayment beneficially owns 25,912 shares of Curtiss-Wright common stock, held directly.
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FAQ
What insider transaction did Curtiss-Wright (CW) disclose in this filing?
The filing reports that Executive Vice President and COO Kevin M. Rayment acquired 10 shares of Curtiss-Wright common stock on 01/05/2026 through the company’s Employee Stock Purchase Plan.
At what price were the Curtiss-Wright (CW) shares acquired by the executive?
The 10 shares of Curtiss-Wright common stock were purchased at a price of $472.17 per share, as calculated under the Employee Stock Purchase Plan.
How many Curtiss-Wright (CW) shares does the reporting person own after this transaction?
After the reported purchase, Executive Vice President and COO Kevin M. Rayment beneficially owns 25,912 shares of Curtiss-Wright common stock, held directly.
How does the Curtiss-Wright Employee Stock Purchase Plan (ESPP) work for this transaction?
Under the ESPP, the reporting person agreed to payroll deductions during a six-month offering period. These accumulated funds were then used to purchase shares at the end of the period at a 15% discount to the average selling price of Curtiss-Wright common stock on December 31, 2025, the last day of the offering period.
What is the role of the reporting person in Curtiss-Wright (CW)?
The reporting person is an officer of Curtiss-Wright Corporation, serving as Executive Vice President and Chief Operating Officer (COO).
Is the reported Curtiss-Wright (CW) transaction exempt under SEC rules?
The explanation states that the shares were acquired under the ESPP and that the transaction is exempt under both Rule 16b-3(d) and Rule 16b-3(c).