Woodward director exercises options, sells 14,700 shares
Woodward, Inc. director Daniel G. Korte executed an exercise-and-sell transaction in company stock.
Rhea-AI Filing Summary
Woodward, Inc. director Daniel G. Korte executed an exercise-and-sell transaction in company stock. On 2026-06-04, he exercised non-qualified stock options for a total of 14,700 shares of Woodward common stock at strike prices of $70.39, $78.97 and $79.81 per share. He then sold 14,700 shares in multiple open-market transactions at weighted-average prices between $354.06 and $357.21 per share, according to broker-handled orders detailed in the footnotes. Following these transactions, Korte directly holds 4,434 shares of Woodward common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 14,700 shares ($4.10M approx. pre-tax spread)
Exercise and Sale
10 txns
Insider
Korte Daniel G.
Role
Director
Sold
14,700 shs ($5.23M)
Approx. gross sale proceeds
$5.23M
Approx. exercise cost
$1.14M
Approx. pre-tax spread
$4.10M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Non-Qualified Stock Option (Right to Buy) | 3,500 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock Option (Right to Buy) | 6,000 | $0.00 | $0.00 |
| Exercise | Non-Qualified Stock Option (Right to Buy) | 5,200 | $0.00 | $0.00 |
| Exercise | Woodward, Inc. Common Stock | 3,500 | $70.39 | $246K |
| Exercise | Woodward, Inc. Common Stock | 6,000 | $78.97 | $474K |
| Exercise | Woodward, Inc. Common Stock | 5,200 | $79.81 | $415K |
| Sale | Woodward, Inc. Common Stock | 3,086 | $354.77 | $1.09M |
| Sale | Woodward, Inc. Common Stock | 3,662 | $355.56 | $1.30M |
| Sale | Woodward, Inc. Common Stock | 5,419 | $356.61 | $1.93M |
| Sale | Woodward, Inc. Common Stock | 2,533 | $357.11 | $905K |
Holdings After Transaction:
Non-Qualified Stock Option (Right to Buy) — 0 contracts (Direct);
Woodward, Inc. Common Stock — 4,434 shares (Direct)
Footnotes (5)
- F1. The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $354.06 to $355.05 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
- F2. The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $355.07 to $356.06 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
- F3. The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $356.09 to $357.06 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
- F4. The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $357.10 to $357.21 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
- F5. Options are fully vested and exercisable.
Key Figures
Shares sold: 14,700 shares
Sale price range: $354.06–$357.21 per share
Options exercised: 14,700 shares
+2 more
5 metrics
Shares sold
14,700 shares
Open-market sales of Woodward common stock on 2026-06-04
Sale price range
$354.06–$357.21 per share
Reported trade price ranges for same-day open-market sales
Options exercised
14,700 shares
Non-qualified stock options converted to common stock on 2026-06-04
Option strike prices
$70.39, $78.97, $79.81 per share
Exercise prices for non-qualified stock options
Shares held after transactions
4,434 shares
Direct ownership of Woodward common stock after 2026-06-04
Key Terms
Non-Qualified Stock Option (Right to Buy), open market sales, weighted average price, broker-dealer, +1 more
5 terms
Non-Qualified Stock Option (Right to Buy) financial
"security_title: "Non-Qualified Stock Option (Right to Buy)""
open market sales financial
"multiple same day, same way open market sales, with prices ranging"
weighted average price financial
"reported these sales on an aggregate basis using the weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
broker-dealer financial
"executed a trade order through a broker-dealer which resulted in multiple"
A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.
fully vested and exercisable financial
"Options are fully vested and exercisable."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Woodward (WWD) director Daniel G. Korte report in this Form 4?
Daniel G. Korte reported exercising non-qualified stock options for 14,700 Woodward shares and selling 14,700 common shares in open-market trades on 2026-06-04. After these transactions, he directly holds 4,434 shares of Woodward, Inc. common stock.
What stock options did Daniel G. Korte exercise in Woodward (WWD)?
Korte exercised non-qualified stock options covering 14,700 Woodward common shares. The underlying option grants carried exercise prices of $70.39, $78.97 and $79.81 per share, and were reported as fully vested and exercisable at the time of the 2026-06-04 transaction.
Were Daniel G. Korte’s Woodward (WWD) sales single trades or aggregated orders?
Korte’s Woodward share sales were executed through a broker-dealer as multiple same-day, same-way open-market trades. The Form 4 reports them using weighted-average prices, with footnotes stating he can provide full details of shares sold at each separate price upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.
