Woodward EVP Randall Hobbs files Form 4 for minor share sale
Rhea-AI Filing Summary
Woodward, Inc. (WWD) – Form 4 insider transaction
Executive Vice President and President, Industrial segment, Randall Hobbs reported the sale of 500 common shares on 18 June 2025 at an average price of $240.00 per share. The disposition was executed under a pre-arranged Rule 10b5-1 trading plan adopted on 27 Feb 2025.
Following the transaction, Hobbs’ beneficial ownership stands at:
- 49,827 shares held directly
- 227 shares held indirectly through the Woodward Retirement Savings Plan
No derivative securities were acquired or disposed of, and no other transactions were reported.
Positive
- None.
Negative
- Insider sale by a senior executive, albeit small, can be perceived as a modest negative signal.
Insights
TL;DR: Small Rule 10b5-1 sale; minimal impact on WWD.
The reported 500-share sale (≈0.001% of Woodward’s 62 million-share float) is immaterial in size. Because the trade occurred under a pre-established Rule 10b5-1 plan, it carries less negative signalling risk than discretionary sales. Hobbs retains ~50 k shares, indicating continued alignment with shareholders. Overall, the filing is routine and unlikely to influence valuation or liquidity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Woodward, Inc. Common Stock | 500 | $240.00 | $120K |
| holding | Woodward, Inc. Common Stock | -- | -- | -- |
Footnotes (1)
- The sale reported by the reporting person was effected pursuant to a Rule 10b5-1 trading plan that was adopted on February 27, 2025. Total includes 59 additional shares and units issued in connection with the dividend reinvestment provisions of the Issuer's RSU awards. 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 June 3, 2025.