Executive at Woodward (WWD) receives RSU and stock option grants

Rhea-AI Filing Summary

Woodward, Inc. executive Hobbs Randall reported new equity awards and related tax withholding. On February 10, 2026, he acquired 574 shares of Woodward common stock at $0.00 per share through a Restricted Stock Unit (RSU) award, which vests 34% on February 10, 2027 and 33% on each one-year anniversary thereafter. The same day, 221 shares at $391.53 per share were withheld by Woodward to cover taxes on previously granted RSUs; these shares were not issued to or sold by him. He also received a grant of 1,294 non-qualified stock options with an exercise price of $391.53 per share, vesting 25% on February 10, 2027 and 25% on each one-year anniversary until expiration on February 10, 2036. Following these transactions, he directly held 38,516 common shares, plus 227 shares held indirectly through the Woodward Retirement Savings Plan as of February 9, 2026.

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^*

Hobbs Randall

(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 President, Industrial

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

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	02/10/2026		A		574(1)	A	$0.00	38,737	D
Woodward, Inc. Common Stock	02/10/2026		F(2)		221	D	$391.53	38,516	D
Woodward, Inc. Common Stock								227	I	By Woodward Retirement Savings Plan(3)

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
Non-Qualified Stock Option (Right to Buy)	$391.53	02/10/2026		A		1,294		02/10/2027(4)	02/10/2036(4)	Woodward, Inc. Common Stock	1,294	$0.0	1,294	D

Explanation of Responses:

1. The reporting person was granted an award of Restricted Stock Units ("RSUs"). RSUs vest at a rate of 34% of the award on February 10, 2027 and 33% each one-year anniversary thereafter. 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. The shares reported as disposed of were withheld by the Issuer in order to cover withholding taxes in connection with the vesting of RSUs granted to the reporting person in a previous year. These shares were not issued to or sold by the reporting person.

3. 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.

4. Options, which expire February 10, 2036, become exercisable as to 25% of the shares on February 10, 2027 and 25% each one-year anniversary thereafter.

	Rebecca L. Dees, by Power of Attorney	02/12/2026
	** 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 transactions did Hobbs Randall report for Woodward (WWD)?

Hobbs Randall reported receiving 574 Woodward common shares via an RSU award and 1,294 non-qualified stock options, both dated February 10, 2026. He also had 221 shares withheld by the company to cover taxes on earlier RSU vesting.

How do the new RSUs for Woodward (WWD) executive Hobbs Randall vest?

The RSU award vests 34% on February 10, 2027 and 33% on each one-year anniversary thereafter. Upon vesting, Randall receives one Woodward common share per RSU, plus additional shares tied to dividend reinvestment provisions in the company’s RSU program.

What are the terms of Hobbs Randall’s new Woodward (WWD) stock options?

Randall received 1,294 non-qualified stock options with an exercise price of $391.53 per share. These options vest 25% on February 10, 2027 and 25% each year after, expiring on February 10, 2036, if not exercised according to the vesting schedule.

Were any Woodward (WWD) shares sold by Hobbs Randall in this Form 4?

No open-market sales were reported. The 221 shares shown as disposed were withheld by Woodward to cover tax liabilities from prior RSU vesting. The company states these shares were not issued to or sold by Randall personally.

How many Woodward (WWD) shares does Hobbs Randall own after these transactions?

After the February 10, 2026 transactions, Randall directly held 38,516 Woodward common shares. In addition, 227 shares were held indirectly through the Woodward Retirement Savings Plan, based on plan information calculated as of February 9, 2026.

What role does Hobbs Randall hold at Woodward (WWD)?

Hobbs Randall is identified as an officer of Woodward, serving as Executive Vice President and President, Industrial. The Form 4 indicates the filing is made by one reporting person, reflecting his equity-based compensation and related tax withholding actions.