Woodward grants director Bhalla 520 stock units

All awarded RSUs will vest on October 1, 2027, with one Woodward common share issued per RSU.

Rhea-AI Filing Summary

Woodward, Inc. (WWD) director Rajeev Bhalla was granted 520 restricted stock units on October 1, 2026. All 520 RSUs will vest 100% on October 1, 2027; upon vesting, he will receive one common share per RSU, plus certain additional shares under the award’s dividend reinvestment provisions. His reported direct position after the award was 4,839 shares, including 2 additional shares and units issued in connection with those provisions.

Insider Trade Summary

Grant/Award: 520 shares

Grant/Award 1 txn

Insider BHALLA RAJEEV

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Woodward, Inc. Common Stock F1, F2	520	$0.00	$0.00

Holdings After Transaction: Woodward, Inc. Common Stock — 4,839 shares (Direct)

Footnotes (2)

1. F1. The reporting person was granted an award of Restricted Stock Units ("RSUs"). All such RSUs will vest 100% on October 1, 2027. 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. F2. Total includes 2 additional shares and units issued in connection with the dividend reinvestment provisions of the Issuer's RSU awards.

Key Figures

Restricted stock units granted: 520 RSUs Vesting: 100% on October 1, 2027 Shares per RSU upon vesting: 1 common share +1 more

4 metrics

Restricted stock units granted 520 RSUs Awarded October 1, 2026

Vesting 100% on October 1, 2027 Applies to the awarded RSUs

Shares per RSU upon vesting 1 common share Plus certain additional shares under the dividend reinvestment provisions

Reported direct position after award 4,839 shares Includes 2 additional shares and units issued in connection with the RSU dividend reinvestment provisions

Key Terms

Restricted Stock Units, vesting, dividend reinvestment provisions

3 terms

Restricted Stock Units financial

"award of Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting financial

"All such RSUs will vest 100% on October 1, 2027"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

dividend reinvestment provisions financial

"in connection with the dividend reinvestment provisions"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many RSUs did WWD director Rajeev Bhalla receive?

Rajeev Bhalla was granted 520 restricted stock units on October 1, 2026. All are to vest 100% on October 1, 2027, with one share of Woodward, Inc. common stock per RSU upon vesting, plus certain additional shares under the award’s dividend reinvestment provisions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/02/2026 - 02:01 PM Accepted by SEC EDGAR 10/02/2026 - 02:01 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

BHALLA RAJEEV

(Last) (First) (Middle)

1081 WOODWARD WAY

(Street)

FORT COLLINS COLORADO 80524

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

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

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

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

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	10/01/2026		A		520(1)	A	$0.00	4,839(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, 2027. 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 2 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	10/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)