CURTISS WRIGHT CORP·4

Mar 18, 4:04 PM ET

McDonald George P. 4

4 · CURTISS WRIGHT CORP · Filed Mar 18, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-03-16
McDonald George P.
Executive VP and Corporate Sec
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F2]
    2026-03-16+3504,361 total
  • Sale

    Common Stock

    [F3][F4]
    2026-03-17$678.07/sh151$102,3894,210 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F2][F1][F5]
    2026-03-163501,112 total
    Exercise: $0.00From: 2026-03-16Exp: 2026-03-16Common 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

Documents

1 file
  • 4
    wk-form4_1773864264.xmlPrimary

    FORM 4