Curtiss-Wright (NYSE: CW) CFO adds 17 shares through ESPP purchase
Rhea-AI Filing Summary
Curtiss-Wright Corporation executive vice president and CFO K. Christopher Farkas reported a routine purchase of company stock under the employee stock purchase plan (ESPP). On 01/05/2026, he acquired 17 shares of Curtiss-Wright common stock at a price of $472.17 per share through the ESPP.
Following this transaction, he beneficially owns 4,253 shares of Curtiss-Wright common stock in direct ownership. The filing explains that under the ESPP, payroll deductions are made over a six-month offering period and used to buy shares at the end of the period, with the purchase price reflecting a 15% discount to the average selling price on 12/31/2025, the last day of that offering period.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17 | $472.17 | $8K |
Footnotes (1)
- 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). 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 December 31, 2025, the last day of the offering period.
FAQ
What insider transaction did Curtiss-Wright (CW) report in this Form 4?
The filing reports that K. Christopher Farkas, executive vice president and CFO of Curtiss-Wright Corporation, acquired common stock of the company through its Employee Stock Purchase Plan (ESPP) on 01/05/2026.
How does the Curtiss-Wright (CW) ESPP work for participating employees?
According to the disclosure, participants in the ESPP agree to payroll deductions before a six-month offering period begins. Those deductions are accumulated during the period and then used at the end to purchase shares of Curtiss-Wright common stock at the plan’s discounted price.
Is the reported Curtiss-Wright (CW) ESPP transaction exempt under SEC rules?
The filing notes that the ESPP share acquisition is exempt under both Rule 16b-3(d) and Rule 16b-3(c), which provide exemptions for certain employee benefit plan transactions.
What is the reporting person’s role at Curtiss-Wright (CW)?
The reporting person, K. Christopher Farkas, is identified in the document as an officer of Curtiss-Wright, holding the title of Executive VP and CFO.