McDonald George P. 4
4 · CURTISS WRIGHT CORP · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Curtiss-Wright (CW) Exec VP George McDonald Sells Shares After RSU Vest
What Happened
- George P. McDonald, Executive Vice President and Corporate Secretary of Curtiss‑Wright (CW), had 350 restricted stock units (RSUs) cliff-vest and convert into 350 common shares on 2026-03-16 (no purchase price). He then sold 151 of those shares in open-market transactions on 2026-03-17 for an average price of $678.07, generating proceeds of about $102,389.
- Net effect: +199 shares retained after the sale (350 acquired − 151 sold).
Key Details
- Transactions:
- 2026-03-16: RSU conversion/exercise (report code M) — 350 shares acquired at $0.00 (RSUs vested).
- 2026-03-16: Derivative disposition (report code M) — 350 RSU units converted (reported as disposition of derivative instrument).
- 2026-03-17: Open-market sale (report code S) — 151 shares sold; average price $678.07; total proceeds ≈ $102,389. Sales occurred in multiple trades at prices ranging $671.25–$681.02.
- Shares owned after transactions: net increase of 199 shares (350 acquired less 151 sold).
- Footnotes/highlights:
- RSUs were granted 3/16/2023 under the 2014 Omnibus Incentive Plan and cliff-vested after three years.
- No issue price for the RSUs (employee benefit).
- The sale was made to cover tax obligations associated with the vesting; Reporting Person remains in compliance with share ownership guidelines.
- Reported sale price is an average; detailed per-trade prices were in the filing.
- Filing timeliness: Report covers activity on 2026-03-16 and was filed 2026-03-18 — appears to be timely (Form 4 typically due within two business days).
Context
- These were vested RSUs converted into common shares, not a cash purchase; the subsequent sale was a routine tax-withholding sale rather than a market-timed investment purchase. Such sales to cover taxes are common and do not necessarily signal a change in insider sentiment. The transaction involved an executive officer (not a 10% owner).
Insider Transaction Report
Form 4
McDonald George P.
Executive VP and Corporate Sec
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-03-16+350→ 4,361 total - Sale
Common Stock
[F3][F4]2026-03-17$678.07/sh−151$102,389→ 4,210 total - Exercise/Conversion
Restricted Stock Unit
[F2][F1][F5]2026-03-16−350→ 1,112 totalExercise: $0.00From: 2026-03-16Exp: 2026-03-16→ Common Stock (350 underlying)
Footnotes (5)
- [F1]These shares were acquired through a restricted stock unit ("RSU") grant under the Company's 2014 Omnibus Incentive Plan on March 16, 2023. The RSUs cliff vested in Issuer common stock after a three-year vesting period from the date of grant.
- [F2]No price on the date of issue. The restricted stock units were granted as an employee benefit transaction.
- [F3]Shares were sold in compliance with the Company's share ownership guidelines whereby the Reporting Person may sell a portion of the vesting award to cover any tax obligations associated with the vesting of the award. The Reporting Person is and remains in compliance with the share ownership guidelines.
- [F4]The price reported is the average selling price. The shares were sold in multiple transactions at prices ranging from $671.25 to $681.02, inclusive. The Reporting Person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares sold at each separate price.
- [F5]Share total includes dividend credits earned on prior outstanding grants.
Signature
George P. McDonald|2026-03-18