Blankenship Charles P 4

What Happened
Charles P. Blankenship, Chairman and CEO of Woodward, Inc. (WWD), was granted 7,968 Restricted Stock Units (RSUs) on Feb 10, 2026 (reported 02/12/2026). The RSUs are reported at $0.00 per share (award). Separately, 1,896 shares were withheld by the company (reported as a disposition) at $391.53 per share to cover withholding taxes tied to prior RSU vesting, totaling $742,341. The withheld shares were not sold on the open market and were not issued to the reporting person.

Key Details

• Transaction dates: Grant and withholding reported for 2026-02-10; Form 4 filed 2026-02-12 (timely).
• Grant: 7,968 RSUs granted (price reported $0.00).
• Withholding/tax: 1,896 shares withheld at $391.53 = $742,341 (coded F — tax withholding). Per footnote, these withheld shares relate to prior-year RSU vesting and were not sold by the insider.
• Vesting schedule (footnote): RSUs vest 34% on Feb 10, 2027 and 33% on each of the next two anniversaries; upon vesting each RSU converts to one share plus additional shares for dividend reinvestment. Footnote also notes 40 additional shares/units were issued for dividend reinvestment.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Filing timeliness: Reported within two business days of the transaction date (appears timely).

Context

• RSU award (code A) is a compensation grant, not an open-market purchase; vesting converts RSUs into shares over the next three years.
• The 1,896-share "disposition" is a routine tax-withholding action (code F), not an indicative sale or market exit by the insider.
• For retail investors: RSU grants signal executive compensation alignment with shareholders but do not, by themselves, indicate a buy/sell preference.