Director in Curtiss-Wright (NYSE: CW) gets stock award installment
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Curtiss-Wright Corp director Glenda J. Minor acquired 221 shares of common stock as a grant under the company’s 2024 Omnibus Incentive Plan. The shares were awarded at a reported price of $735.34 per share, increasing her direct holdings to 2,471.01 shares.
According to the footnotes, this grant represents 20% of a $125,000 restricted stock award that Minor elected to receive in five equal annual installments beginning May 12, 2024. The number of shares was calculated using a $115.24 closing price on February 16, 2021 and includes dividend credits, while the price is based on the closing market price on May 12, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MINOR GLENDA J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 221 | $735.34 | $163K |
Holdings After Transaction:
Common Stock — 2,471.01 shares (Direct, null)
Footnotes (1)
- Shares were acquired through the Corporation's 2024 Omnibus Incentive Plan whereby non-employee directors may elect to defer receipt of their annual restricted stock award to a later date. Number of shares acquired is calculated based on the value of the award ($125,000) divided by the closing price of $115.24 for the Issuer's common stock as reported by the New York Stock Exchange on February 16, 2021, the date the Board initially approved the award. The number of shares is rounded up to the nearest whole share and includes dividend credits earned on outstanding award. This amount reflects 20% of the reporting person's restricted stock award as the reporting person elected to receive the restricted stock award in five equal annual installments beginning May 12, 2024. Price is based on the closing market price for the Issuer's securities on the New York Stock Exchange as of May 12, 2026. The date reporting person elected to receive her shares.
Key Figures
Shares acquired: 221 shares
Price per share: $735.34 per share
Shares owned after: 2,471.01 shares
+3 more
6 metrics
Shares acquired
221 shares
Restricted stock grant on May 12, 2026
Price per share
$735.34 per share
Reported transaction price for the grant
Shares owned after
2,471.01 shares
Total direct holdings following the transaction
Award value
$125,000
Total restricted stock award value underlying installments
Calculation price
$115.24 per share
Closing price on February 16, 2021 used to calculate shares
Installment portion
20% of award
Portion of restricted stock award represented by this grant
Key Terms
2024 Omnibus Incentive Plan, restricted stock award, dividend credits, installments
4 terms
2024 Omnibus Incentive Plan financial
"Shares were acquired through the Corporation's 2024 Omnibus Incentive Plan whereby non-employee directors may elect to defer receipt..."
restricted stock award financial
"non-employee directors may elect to defer receipt of their annual restricted stock award to a later date."
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
dividend credits financial
"The number of shares is rounded up to the nearest whole share and includes dividend credits earned on outstanding award."
installments financial
"This amount reflects 20% of the reporting person's restricted stock award as the reporting person elected to receive the restricted stock award in five equal annual installments..."
FAQ
What insider transaction did CURTISS WRIGHT CORP (CW) report for Glenda J. Minor?
Director Glenda J. Minor acquired 221 shares of Curtiss-Wright common stock as a grant under the 2024 Omnibus Incentive Plan, bringing her direct holdings to 2,471.01 shares after the transaction.
What is the value basis of Glenda J. Minor’s restricted stock award at CURTISS WRIGHT CORP (CW)?
The restricted stock award was based on a total award value of $125,000, using a closing price of $115.24 per share on February 16, 2021 to calculate the number of shares, which also includes dividend credits.
How is Glenda J. Minor’s stock award at CURTISS WRIGHT CORP (CW) structured over time?
Glenda J. Minor elected to receive her restricted stock award in five equal annual installments beginning May 12, 2024. The 221-share grant reported here reflects 20% of the overall restricted stock award value.
Does Glenda J. Minor’s CURTISS WRIGHT CORP (CW) award include dividend credits?
Yes. The number of shares acquired under Glenda J. Minor’s restricted stock award includes dividend credits earned on the outstanding award, as explained in the filing’s footnotes describing the share calculation.