Curtiss-Wright (NYSE: CW) awards 108 RSUs to senior VP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ogilby Gary A reported acquisition or exercise transactions in this Form 4 filing.
Curtiss-Wright Corporation reported that Senior VP & Corporate Controller Gary A. Ogilby received a grant of 108 restricted stock units under the company’s 2024 Omnibus Incentive Plan. Each RSU represents a contingent right to one share of common stock, granted as an employee benefit with no cash purchase price.
The RSUs will cliff vest after a three-year vesting period from the March 9, 2026 grant date. Following this award, Ogilby now holds 4,820 RSUs directly, a figure that also reflects dividend credits earned on prior outstanding grants.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ogilby Gary A
Role
Senior VP & Corp Controller
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 108 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 4,820 shares (Direct)
Footnotes (1)
- This is a time-based restricted stock unit ("RSU") grant under the Company's 2024 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs will cliff vest after a three-year vesting period from the date of grant, which was March 9, 2026. No price on the date of issue. The restricted stock units were granted as an employee benefit transaction. Share total includes dividend credits earned on prior outstanding grants.
FAQ
What did Curtiss-Wright (CW) insider Gary Ogilby report on this Form 4?
Gary A. Ogilby reported receiving 108 restricted stock units from Curtiss-Wright as an equity award. The grant is part of the company’s 2024 Omnibus Incentive Plan and is structured as a time-based RSU award linked to future vesting.
How many restricted stock units does Gary Ogilby hold after this Curtiss-Wright grant?
After this grant, Gary A. Ogilby holds a total of 4,820 restricted stock units. This total includes the newly awarded 108 RSUs and dividend credits that were earned on prior outstanding grants, all held as direct ownership.
What are the vesting terms of Gary Ogilby’s new Curtiss-Wright RSU award?
The 108 restricted stock units are subject to a three-year cliff vesting schedule starting from the March 9, 2026 grant date. All units vest at once after this period, rather than gradually, assuming the award conditions continue to be met.
What does each Curtiss-Wright restricted stock unit represent in Gary Ogilby’s award?
Each restricted stock unit in Gary Ogilby’s award represents a contingent right to receive one share of Curtiss-Wright common stock. The units do not involve a purchase price and are granted as part of his employee compensation package.
Was there a purchase price paid for Gary Ogilby’s Curtiss-Wright RSUs?
There was no purchase price paid for these restricted stock units. The RSUs were granted to Gary A. Ogilby as an employee benefit transaction, reflecting equity-based compensation rather than an open-market stock purchase.
Under which plan were Gary Ogilby’s Curtiss-Wright RSUs granted?
The 108 restricted stock units were granted under Curtiss-Wright’s 2024 Omnibus Incentive Plan. This plan provides equity-based awards, and in this case the RSUs were issued as time-based compensation tied to a three-year vesting schedule.