Director Dean M. Flatt adds Curtiss-Wright (NYSE: CW) shares via deferred pay
Rhea-AI Filing Summary
Curtiss-Wright Corporation director Dean M. Flatt reported acquiring common stock through the company’s 2024 Omnibus Incentive Plan. On January 20, 2026, he acquired 218 shares of common stock at a reference price of $660.66 per share, bringing his directly held stake to 12,647 shares.
The footnotes explain that these shares relate to director compensation earned in 2024, including a portion of his annual restricted stock award, annual retainer, and meeting fees that he elected to receive in stock. Receipt of this portion, equal to 20% of the total annual restricted stock award, retainer, and fees, was deferred and is being paid in five equal annual installments beginning January 15, 2026. The number of shares is based on the closing market prices on the dates the award and fees were approved or earned and includes rounded amounts and dividend credits.
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FAQ
What insider transaction did Curtiss-Wright (CW) report for Dean M. Flatt?
Dean M. Flatt, a director of Curtiss-Wright Corporation (CW), reported an acquisition of 218 shares of common stock on January 20, 2026. After this transaction, he directly owned 12,647 shares of Curtiss-Wright common stock.
At what price were the Curtiss-Wright (CW) shares credited to Dean M. Flatt?
The reported price for the 218 acquired shares of Curtiss-Wright common stock was $660.66 per share, based on the closing market price for the company’s securities on the New York Stock Exchange as of January 15, 2026, the date he elected to receive his shares.
Why did Dean M. Flatt receive Curtiss-Wright (CW) shares instead of cash?
The filing explains that the shares were acquired under Curtiss-Wright’s 2024 Omnibus Incentive Plan, which allows non-employee directors to defer their compensation and/or receive their annual restricted stock award, annual retainer, and meeting fees in the form of stock to be delivered at a later date.
How are the 218 Curtiss-Wright (CW) shares for Dean M. Flatt calculated?
The 218 shares represent part of compensation earned in 2024. For the annual restricted stock award, the number of shares is the award value divided by the closing price of Curtiss-Wright’s common stock on the date the Board initially approved the award. For the annual retainer and meeting fees, the number of shares equals the fees earned divided by the closing price on the dates those fees were earned, with the total rounded up to the nearest whole share and including dividend credits on outstanding awards.
What portion of Dean M. Flatt’s Curtiss-Wright (CW) director compensation does this Form 4 cover?
The reported amount reflects 20% of Dean M. Flatt’s annual restricted stock award, annual retainer, and meeting fees for 2024 that he elected to receive in stock. He chose to receive this stock in five equal annual installments beginning on January 15, 2026, and the 218 shares correspond to one of those installments.
Is Dean M. Flatt’s Curtiss-Wright (CW) ownership direct or indirect after this transaction?
Following the January 20, 2026 transaction, Dean M. Flatt is reported as holding 12,647 shares of Curtiss-Wright common stock with direct ownership, as indicated by the ownership code “D” in the filing.