February 5, 2025 · Form 4 insider transaction
Wyche Larry D bought 207 shares of Curtiss-Wright Corporation at $350.93 per share, a transaction worth $72.6K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Shares were issued pursuant to the Company's 2024 Omnibus Incentive Plan in which non-employee directors receive an annual grant of restricted stock for service on the board. The restrictions on these shares lapse upon the shorter of (a) one year from the date of grant or (b) until such time as the service of the recipient as a Non-employee Director of the Company shall have ended by reason of his or her (i) death or disability or (ii) failure to be reelected.; The number of shares is arrived by dividing the closing price of the Issuer's securities on February 5, 2025 into $145,000, the amount of the stock award granted to the Issuer's non-employee directors. The number of shares is rounded up to the nearest whole share. This amount reflects 50% of the reporting person's annual restricted stock award. The reporting person has elected to defer receipt of the remaining 50% (i.e., 207 shares) of his annual restricted stock award to a later date.; Price is based on the close price for the Registrant's common stock on February 5, 2025, the date the reporting person earned the annual award.