Curtiss-Wright EVP buys 9 shares at $634.88
Curtiss-Wright Corporation executive John C. Watts increased his direct ownership through the company’s employee stock purchase plan.
Rhea-AI Filing Summary
Curtiss-Wright Corporation executive John C. Watts increased his direct ownership through the company’s employee stock purchase plan. He acquired 9 shares of common stock at a purchase price of $634.88 per share under the Issuer’s Employee Stock Purchase Plan, funded via prior payroll deductions.
Following this ESPP transaction, Watts directly holds 3,771 shares of Curtiss-Wright common stock. Under the plan’s terms, the purchase price reflects a 15% discount to the average selling price of the company’s common stock on June 30, 2026, the last day of the offering period.
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Insider Trade Summary
Grant/Award: 9 shares
Grant/Award
1 txn
Insider
Watts John C
Role
EVP & Chief Growth Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 9 | $634.88 | $6K |
Holdings After Transaction:
Common Stock — 3,771 shares (Direct)
Footnotes (2)
- F1. Shares were acquired pursuant to the Issuer's Employee Stock Purchase Plan ("ESPP"), under which the Reporting Person agrees to payroll deductions prior to the commencement of a six-month offering period whereby the payroll deductions are accumulated for the purchase of shares at the end of the offering period. This transaction is exempt under both Rule 16b-3(d) and Rule 16b-3(c).
- F2. In accordance with the terms of the ESPP, the purchase price is calculated by giving a 15% discount on the average selling price of the Issuer's common stock price on June 30, 2026, the last day of the offering period.
Key Figures
Shares acquired: 9 shares
Purchase price per share: $634.88 per share
Total shares held after: 3,771 shares
+2 more
5 metrics
Shares acquired
9 shares
Common stock acquired under ESPP on reported transaction date
Purchase price per share
$634.88 per share
ESPP purchase price for Curtiss-Wright common stock
Total shares held after
3,771 shares
Direct ownership by John C. Watts following ESPP acquisition
ESPP discount
15% discount
Discount applied to average selling price on June 30, 2026
Pricing date for ESPP
June 30, 2026
Last day of offering period used to set ESPP purchase price
Key Terms
Employee Stock Purchase Plan, ESPP, Rule 16b-3(d), offering period, +1 more
5 terms
Employee Stock Purchase Plan financial
"Shares were acquired pursuant to the Issuer's Employee Stock Purchase Plan ("ESPP")"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
ESPP financial
"In accordance with the terms of the ESPP, the purchase price is calculated"
An Employee Stock Purchase Plan (ESPP) is a company program that lets employees buy the company’s shares at a reduced price, usually by setting aside a small portion of their pay over time. It matters to investors because it encourages employees to own part of the business—like giving staff a discounted membership— which can boost commitment and performance, while also potentially increasing the number of shares available and affecting shareholder value.
Rule 16b-3(d) regulatory
"This transaction is exempt under both Rule 16b-3(d) and Rule 16b-3(c)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
offering period financial
"prior to the commencement of a six-month offering period whereby the payroll deductions are accumulated"
payroll deductions financial
"the Reporting Person agrees to payroll deductions prior to the commencement of a six-month offering period"
Payroll deductions are amounts automatically taken out of an employee’s paycheck before they receive it. These can include taxes, retirement contributions, or insurance premiums. For investors, payroll deductions indicate how much money individuals set aside for savings or benefits, affecting their disposable income and overall financial stability.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Curtiss-Wright (CW) report for John C. Watts?
Curtiss-Wright reported that EVP & Chief Growth Officer John C. Watts acquired 9 shares of common stock through the company’s Employee Stock Purchase Plan. The acquisition was recorded as a Form 4 transaction coded A, indicating a grant, award, or similar acquisition event.
How are contributions made for the Curtiss-Wright (CW) ESPP purchases?
Under the Curtiss-Wright Employee Stock Purchase Plan, participants like John C. Watts authorize payroll deductions before a six-month offering period begins. These deductions accumulate throughout the period and are then used at the end to purchase shares at the discounted ESPP price.
Is the Curtiss-Wright (CW) ESPP transaction subject to any SEC exemptions?
Yes. The ESPP acquisition is described as exempt under both SEC Rule 16b-3(d) and Rule 16b-3(c). These provisions generally provide exemptions from certain short-swing profit rules for transactions made pursuant to approved employee benefit and compensation plans, as outlined in the Form 4 footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
