[Form 4] Woodward, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Mary D. Petryszyn, a director of Woodward, Inc. (WWD), was granted 610 Restricted Stock Units (RSUs) on 10/01/2025. The RSUs were recorded at a $0.00 transaction price and are scheduled to vest 100% on 10/01/2026. Upon vesting each RSU converts into one share of common stock plus additional shares related to the issuer’s dividend reinvestment provisions; the filing notes 4 such additional shares are included in the totals. After the award, the reporting person is shown as beneficially owning 2,538 shares (direct). The Form 4 was signed by Rebecca L. Dees by Power of Attorney on 10/03/2025.

Insights

Corporate Governance Analyst

Director received time‑based equity: 610 RSUs vesting in one year.

The filing documents a standard director grant of 610 RSUs on 10/01/2025 that vest in full on 10/01/2026, converting to one share per RSU plus dividend‑related shares.

This is a routine compensation action aligning the director’s interests with shareholders by deferring value until 10/01/2026. The reported beneficial ownership after the grant is 2,538 shares, which includes 4 dividend reinvestment shares.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Petryszyn Mary D

(Last) (First) (Middle)

1081 WOODWARD WAY

(Street)

FORT COLLINS CO 80524

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Woodward, Inc. [ WWD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Woodward, Inc. Common Stock	10/01/2025		A		610(1)	A	$0.00	2,538(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The reporting person was granted an award of Restricted Stock Units ("RSUs"). All such RSUs will vest 100% on October 1, 2026. Upon vesting, the reporting person will receive one share of Woodward, Inc. common stock per RSU granted, as well as certain additional shares to be issued in connection with the dividend reinvestment provisions of the Issuer's RSU awards.

2. Total includes 4 additional shares and units issued in connection with the dividend reinvestment provisions of the Issuer's RSU awards.

	Rebecca L. Dees, by Power of Attorney	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What RSU grant was reported for Woodward (WWD)?

The filing reports a grant of 610 Restricted Stock Units (RSUs) to director Mary D. Petryszyn on 10/01/2025.

When do the RSUs vest for the Woodward (WWD) director?

The RSUs vest 100% on 10/01/2026 according to the Form 4.

How many shares does the director beneficially own after the transaction?

The reporting person is shown as beneficially owning 2,538 shares following the reported transaction.

Were any additional shares issued related to dividends in the Woodward (WWD) RSU award?

Yes, the filing states that the total includes 4 additional shares issued under the RSU dividend reinvestment provisions.

What price was recorded for the RSU grant on the Form 4?

The transaction price reported for the RSU award is $0.00.