Curtiss-Wright (NYSE: CW) SVP vests 296 RSUs, then sells 140 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Curtiss-Wright Senior VP & Treasurer Robert F. Freda reported equity award vesting and a small share sale. On March 16, 2026, 296 restricted stock units granted on March 16, 2023 under the 2014 Omnibus Incentive Plan cliff vested and converted into common stock at a $0.00 exercise price.
On March 17, 2026, he sold 140 shares of common stock in open-market transactions at an average price of $678.61 per share. Footnotes explain the sale was made to cover tax obligations in line with company share ownership guidelines, and that he remains in compliance. After the transactions, he directly holds 5,343 common shares, including dividend credits on prior grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 140 shares ($95,005)
Net Sell
3 txns
Insider
Freda Robert F
Role
Senior VP & Treasurer
Sold
140 shs ($95K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 140 | $678.61 | $95K |
| Exercise | Restricted Stock Unit | 296 | $0.00 | -- |
| Exercise | Common Stock | 296 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,343 shares (Direct);
Restricted Stock Unit — 4,269 shares (Direct)
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 $671.23 to $681.66, 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.
FAQ
What insider transactions did Curtiss-Wright (CW) report for Robert F. Freda?
The filing shows 296 restricted stock units vesting into common stock on March 16, 2026, followed by an open-market sale of 140 common shares on March 17, 2026. Both positions are reported as directly owned after these transactions.
What was the nature of the RSU vesting reported for Curtiss-Wright (CW)?
296 restricted stock units granted on March 16, 2023, under Curtiss-Wright’s 2014 Omnibus Incentive Plan cliff vested into common stock after a three-year vesting period. The RSUs converted at a zero exercise price as an employee benefit transaction.
Were the Curtiss-Wright (CW) RSUs in this Form 4 granted as compensation?
Yes. The vesting restricted stock units were granted under Curtiss-Wright’s 2014 Omnibus Incentive Plan as an employee benefit transaction. The filing notes there was no price on the date of issue, consistent with standard equity compensation grants.