Curtiss-Wright (CW) EVP executes RSU vesting and small tax-related share sale
Rhea-AI Filing Summary
Curtiss-Wright executive George P. McDonald reported routine equity compensation activity, including an RSU vesting and a small share sale. On March 16, 2026, 350 restricted stock units granted on March 16, 2023 vested and were converted into 350 shares of common stock under the company’s 2014 Omnibus Incentive Plan, with no exercise price as they were granted as an employee benefit.
On March 17, 2026, he sold 151 shares of common stock in open-market transactions at an average price of $678.07 per share. A footnote explains the sale was made in line with Curtiss-Wright’s share ownership guidelines, allowing a portion of the vesting award to be sold to cover tax obligations from the vesting, and states he remains in compliance with those guidelines. After these transactions, he directly holds 4,210 shares of common stock and 1,112 restricted stock units, with share totals including dividend credits on prior grants.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting with a small tax-related sale; net impact is limited.
Executive VP and Corporate Secretary George P. McDonald had 350 restricted stock units granted on March 16, 2023 vest into common stock on March 16, 2026 under Curtiss-Wright’s 2014 Omnibus Incentive Plan. These units carried a three-year cliff vesting schedule and no exercise price, reflecting standard long-term incentive compensation.
On March 17, 2026, he sold 151 common shares at an average price of $678.07, with actual trades ranging from $671.25 to $681.02. A footnote clarifies the sale was done under company share ownership guidelines to cover tax obligations from the vesting, which is a common, low-signal event for insiders.
Following the transactions, McDonald directly holds 4,210 common shares and 1,112 restricted stock units, with totals including dividend credits on prior grants. Given the modest scale relative to his remaining position and the tax-coverage rationale disclosed, this activity appears routine rather than a directional bet on Curtiss-Wright’s prospects.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 151 | $678.07 | $102K |
| Exercise | Restricted Stock Unit | 350 | $0.00 | -- |
| Exercise | Common Stock | 350 | $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 $671.25 to $681.02, 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.
