Woodward EVP McLevige discloses 3,228 shares and 12,576 options
Rhea-AI Filing Summary
Initial Form 3 filed for Shawn M. McLevige reporting his beneficial ownership in Woodward, Inc. (WWD). He directly owns 2,383 shares and indirectly owns 845 shares through the Woodward Retirement Savings Plan, for a total of 3,228 shares. The report discloses exercisable non-qualified stock options covering 12,576 underlying shares with exercise prices ranging from $81.03 to $137.76; several option tranches are fully vested or vest 25% on specified anniversaries. The filing identifies Mr. McLevige as an EVP and President, Aerospace and an officer of the company.
Positive
- Direct ownership of 2,383 shares aligns officer interests with shareholders
- Options covering 12,576 shares provide performance-linked compensation and retention incentives
Negative
- None.
Insights
Officer holds modest direct equity and substantial vested/options exposure.
The holder directly owns 2,383 shares and indirectly 845 via the retirement plan, plus options for 12,576 shares that span exercise prices from $81.03 to $137.76. Several option series are noted as fully vested or vesting in 25% tranches on anniversaries such as 10/03/2023 and 02/12/2025, which affects near-term potential share issuance if exercised.
This ownership profile is typical for senior executives: direct share stakes provide alignment while option tranches create future upside tied to share-price performance. Monitor actual option exercises and any Form 4 filings for timing and tax-driven activity within the next 12 months.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Woodward, Inc. Common Stock | -- | -- | -- |
| holding | Woodward, Inc. Common Stock | -- | -- | -- |
Footnotes (1)
- The information in this report regarding the number of shares held by the reporting person in the Woodward Retirement Savings Plan is based on a calculation as of October 3, 2025. Options are fully vested and exercisable. Options become exercisable as to 25% of the shares on October 3, 2023 and 25% each one-year anniversary thereafter. Options become exercisable as to 25% of the shares on February 12, 2025 and 25% each one-year anniversary thereafter.