Curtiss-Wright (NYSE: CW) CEO sells shares to cover RSU tax
Rhea-AI Filing Summary
Curtiss-Wright Chair and CEO Lynn M. Bamford reported a routine combination of RSU vesting and share sale. On March 16, 2026, 7,667 restricted stock units granted on March 16, 2023 under the 2014 Omnibus Incentive Plan cliff vested into common stock at no cash exercise price as an employee benefit. Following this, she held 14,614 RSUs, including dividend credits. On March 17, 2026, she executed an open-market sale of 3,225 common shares at an average price of $676.70 per share, with individual trades ranging from $669.05 to $681. The footnotes state these shares were sold in line with company share ownership guidelines to cover tax obligations from the vesting, and that she remains in compliance. After the sale, she directly owns 50,634 common shares.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,225 | $676.70 | $2.18M |
| Exercise | Restricted Stock Unit | 7,667 | $0.00 | -- |
| Exercise | Common Stock | 7,667 | $0.00 | -- |
Footnotes (1)
- These shares were acquired through a restricted stock unit ("RSU") grant under the Company's 2014 Omnibus Incentive Plan on March 16, 2023. The RSUs cliff vested in Issuer common stock after a three-year vesting period from the date of grant. No price on the date of issue. The restricted stock units were granted as an employee benefit transaction. Shares were sold in compliance with the Company's share ownership guidelines whereby the Reporting Person may sell a portion of the vesting award to cover any tax obligations associated with the vesting of the award. The Reporting Person is and remains in compliance with the share ownership guidelines. The price reported is the average selling price. The shares were sold in multiple transactions at prices ranging from $669.05 to $681, inclusive. The Reporting Person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares sold at each separate price. Share total includes dividend credits earned on prior outstanding grants.