Curtiss-Wright (CW) Chair and CEO buys shares through ESPP in Form 4
Rhea-AI Filing Summary
Curtiss-Wright Corporation's Chair and CEO, who also serves as a director, reported a routine share purchase under the company’s Employee Stock Purchase Plan (ESPP). On 01/05/2026, the reporting person acquired 22 shares of common stock at a price of $472.17 per share through the ESPP, which uses payroll deductions collected over a six-month offering period.
Following this transaction, the reporting person directly owns 35,251 shares of Curtiss-Wright common stock. The filing notes that the ESPP transaction is exempt under Rule 16b-3(d) and Rule 16b-3(c), reflecting a standard employee share purchase rather than a discretionary open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22 | $472.17 | $10K |
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 Chair and CEO, who is also a director of Curtiss-Wright Corporation (CW), reported acquiring 22 shares of common stock on 01/05/2026 through the company’s Employee Stock Purchase Plan.
How does the Curtiss-Wright (CW) Employee Stock Purchase Plan determine the purchase price?
Under the ESPP, the purchase price reflects a 15% discount to the average selling price of Curtiss-Wright common stock on December 31, 2025, the last day of the six-month offering period.
Why is this Curtiss-Wright (CW) ESPP transaction exempt under Rule 16b-3?
The filing states that the ESPP share acquisition is exempt under Rule 16b-3(d) and Rule 16b-3(c), which provide exemptions for certain issuer-approved, employee benefit plan transactions by insiders.
What role does the reporting person hold at Curtiss-Wright (CW)?
The reporting person is identified as both a Director and an Officer, serving as Chair and CEO of Curtiss-Wright Corporation.