Curtiss-Wright (CW) director Moraco receives $160,000 restricted stock award
Rhea-AI Filing Summary
Curtiss-Wright director Anthony J. Moraco received an annual equity award of 256 shares of common stock on February 4, 2026. The shares were granted under the company’s 2024 Omnibus Incentive Plan as restricted stock for his service on the board.
The award value was $160,000, calculated using the closing share price of $624.93 on the grant date and rounded down to the nearest whole share. Restrictions lapse after one year or earlier if his board service ends due to death, disability, or failure to be reelected. Following this grant, Moraco directly holds 5,446 shares of Curtiss-Wright common stock.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 256 | $624.93 | $160K |
Footnotes (1)
- Shares were issued pursuant to the Company's 2024 Omnibus Incentive Plan in which non-employee directors receive an annual grant of restricted stock for service on the board. The restrictions on these shares lapse upon the shorter of (a) one year 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 is arrived by dividing the closing price of the Issuer's securities on February 4, 2026 into $160,000, the amount of the stock award granted to the Issuer's non-employee directors. The number of shares is rounded down to the nearest whole share. Price is based on the close price for the Registrant's common stock on February 4, 2026, the date the reporting person earned the annual award.
FAQ
What did Curtiss-Wright (CW) director Anthony J. Moraco report on this Form 4?
When do the restrictions on Anthony J. Moraco’s Curtiss-Wright (CW) restricted stock lapse?
Is Moraco’s Curtiss-Wright (CW) Form 4 transaction a purchase or a grant?
What role does Curtiss-Wright’s 2024 Omnibus Incentive Plan play in Moraco’s Form 4 filing?