CFO of Curtiss-Wright (NYSE: CW) sells 3,105 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Curtiss-Wright Corporation’s Executive VP and CFO, K. Christopher Farkas, reported an open-market sale of 3,105 shares of common stock at an average price of $694.51 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan and in line with company share ownership guidelines. Following this transaction, he directly holds 4,253 shares of Curtiss-Wright common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,105 shares ($2,156,454)
Net Sell
1 txn
Insider
Farkas K Christopher
Role
Executive VP and CFO
Sold
3,105 shs ($2.16M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,105 | $694.51 | $2.16M |
Holdings After Transaction:
Common Stock — 4,253 shares (Direct)
Footnotes (1)
- Sale was made in accordance with a 10b5-1 plan adopted by the Reporting Person on November 10, 2025 and maintained by the Reporting Person's financial advisor. Shares were sold in compliance with the Company's share ownership guidelines whereby the Reporting Person may sell shares provided 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 $687.55 to $703.23, 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.
FAQ
What insider transaction did Curtiss-Wright (CW) report for its CFO?
Curtiss-Wright reported that Executive VP and CFO K. Christopher Farkas sold 3,105 shares of common stock in an open-market transaction. The trade was executed under a pre-arranged Rule 10b5-1 plan and complied with the company’s share ownership guidelines for executives.
What is the significance of the Rule 10b5-1 plan in the Curtiss-Wright (CW) CFO sale?
The sale was made under a Rule 10b5-1 trading plan adopted on November 10, 2025. Such plans pre-schedule trades, allowing insiders to sell shares over time according to predetermined instructions, helping separate trading decisions from day-to-day, non-public corporate information.
Was the Curtiss-Wright (CW) CFO transaction a direct open-market sale?
Yes. The Form 4 shows a direct ownership transaction coded as an open-market sale of common stock. The filing classifies ownership as direct and specifies that the sale occurred in the open market, with multiple trades executed within a disclosed price range on the transaction date.