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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (Right to Buy) | 1,294 | $0.00 | -- |
| Grant/Award | Woodward, Inc. Common Stock | 574 | $0.00 | -- |
| Tax Withholding | Woodward, Inc. Common Stock | 221 | $391.53 | $87K |
| holding | Woodward, Inc. Common Stock | -- | -- | -- |
Footnotes (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. 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. 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. 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.