Form 4: Lacey William F. reports disposition transactions in WWD

Rhea-AI Filing Summary

Lacey William F. reported disposition transactions in a Form 4 filing for WWD. The filing lists transactions totaling 650 shares at a weighted average price of $380.43 per share. Following the reported transactions, holdings were 15,603 shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Lacey William F.

Role EVP and CFO

Type	Security	Shares	Price	Value
Tax Withholding	Woodward, Inc. Common Stock	650	$380.43	$247K
holding	Woodward, Inc. Common Stock	--	--	--

Holdings After Transaction: Woodward, Inc. Common Stock — 15,603 shares (Direct); Woodward, Inc. Common Stock — 211 shares (Indirect, By Woodward Retirement Savings Plan)

Footnotes (1)

1. The shares reported as disposed of were withheld by the Issuer in order to cover withholding taxes in connection with the vesting of restricted stock units granted to the reporting person in a previous year. These shares were not issued to or sold by the reporting person. 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 February 9, 2026.

Form 4 Insider Transactions: What Each Field Means →

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^*

Lacey William F.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

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	02/12/2026		F(1)		650	D	$380.43	15,603	D
Woodward, Inc. Common Stock								211	I	By Woodward Retirement Savings Plan(2)

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 shares reported as disposed of were withheld by the Issuer in order to cover withholding taxes in connection with the vesting of restricted stock units granted to the reporting person in a previous year. These shares were not issued to or sold by the reporting person.

2. 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 February 9, 2026.

	Rebecca L. Dees, by Power of Attorney	02/13/2026
	** 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.

FAQ

What insider transaction did Woodward (WWD) report for EVP and CFO William F. Lacey?

Woodward reported that EVP and CFO William F. Lacey had 650 common shares withheld on February 12, 2026, to cover tax obligations tied to vesting restricted stock units. These shares were not issued to him or sold by him in the market.

Was the Woodward (WWD) CFO’s Form 4 transaction an open-market stock sale?

No, the transaction was not an open-market sale. The 650 Woodward shares were withheld by the company solely to satisfy withholding taxes on vested restricted stock units granted in a prior year, and were never issued to or sold by the executive.

How many Woodward (WWD) shares does EVP and CFO William F. Lacey own after the reported transaction?

After the reported tax-withholding disposition, William F. Lacey beneficially owns 15,603 Woodward common shares directly. He also has 211 shares held indirectly through the Woodward Retirement Savings Plan, based on a plan calculation as of February 9, 2026.

What does transaction code F mean in the Woodward (WWD) CFO’s Form 4?

Transaction code F indicates shares used to pay an exercise price or tax liability. In this case, 650 Woodward shares were withheld by the issuer to cover withholding taxes related to vesting restricted stock units previously granted to the executive.

How are Woodward (WWD) shares held for the CFO in the Retirement Savings Plan reported?

Shares held in the Woodward Retirement Savings Plan are reported as indirect ownership. The Form 4 shows 211 Woodward common shares held indirectly through the plan, with the amount based on a calculation as of February 9, 2026, rather than a new purchase or sale.