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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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 218 | $660.66 | $144K |
Footnotes (1)
- Shares were acquired through the Corporation's 2024 Omnibus Incentive Plan whereby non-employee directors may elect to defer their compensation, including their annual restricted stock award, and/or receive their annual retainer and meeting fees in the form of stock to a later date. This amount reflects shares that were earned in 2024, but receipt was deferred to January 15, 2026. Share total represents 20% of the annual restricted stock award, annual retainer, and meeting fees elected to be received in stock as the Reporting Person elected to receive such stock in five equal annual installments beginning January 15, 2026. The number of shares acquired for the annual restricted stock award is calculated based on the value of the award divided by the closing price for the Issuer's common stock as reported by the New York Stock Exchange on the date the Board initially approved the award. The number of shares acquired for the annual retainer and meeting fees is calculated by taking the amount of the Reporting Person's earned fees and dividing that amount by the closing price of the Issuer's common stock on the date such meeting fees were earned. The number of shares is rounded up to the nearest whole share and included dividend credits earned on outstanding awards. Price is based on the closing market price for the Issuer's securities on the New York Stock Exchange as of January 15, 2026. The date recipient elected to receive his shares.
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.
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.