Curtiss-Wright (NYSE: CW) CEO Lynn Bamford acquires shares through ESPP purchase
Rhea-AI Filing Summary
Curtiss-Wright Chair and CEO Lynn M. Bamford acquired additional common stock through the company’s Employee Stock Purchase Plan. On the reported date, Bamford obtained 17 shares at a transaction price of $634.88 per share via payroll deductions under the ESPP. Following this acquisition, Bamford directly holds 45,651 shares of Curtiss-Wright common stock.
Positive
- None.
Negative
- None.
Insights
Small ESPP-related share acquisition, routine and compensation-linked.
Lynn M. Bamford, Chair and CEO of Curtiss-Wright, acquired 17 common shares through the company’s Employee Stock Purchase Plan (ESPP). The filing describes this as a grant/award-type acquisition funded by prior payroll deductions, not an open-market purchase decision.
The ESPP purchase used a transaction price of $634.88 per share and is noted as exempt under Rule 16b-3(d) and Rule 16b-3(c). After the transaction, Bamford directly owns 45,651 shares, so this acquisition is very small relative to the disclosed position.
Because the event arises from a standing compensation plan with automatic payroll deductions and a formula-based 15% discount to the average selling price on June 30, 2026, it generally carries limited signaling value about Bamford’s current view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17 | $634.88 | $11K |
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 June 30, 2026, the last day of the offering period.