Cromwell Thomas G 4

What Happened

• Thomas G. Cromwell, EVP and COO of Woodward, Inc. (WWD), was granted 2,490 Restricted Stock Units (RSUs) on 2026-02-10 (reported as an acquisition at $0.00 per share). On the same date, 474 shares were reported as disposed/withheld at $391.53 per share to cover tax withholding, valued at $185,585.
• The RSU grant is an award (code A); the 474-share disposition is tax withholding (code F) and, per the filing, those shares were withheld by the issuer and were not sold by Cromwell.

Key Details

• Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (timely filing).
• Award: 2,490 RSUs granted, acquisition price $0.00 (these convert to one share per RSU upon vesting).
• Tax withholding: 474 shares withheld at $391.53 each = $185,585 (shares not sold on market).
• Shares owned after transaction: the filing does not state total beneficial ownership; footnote F3 notes retirement-plan share info was calculated as of 2026-02-09.
• Filing codes: A = Award/Grant; F = Tax withholding.

Context

• RSUs are restricted stock units that convert into common shares when they vest. Per footnote F1, these RSUs vest 34% on Feb 10, 2027 and 33% on each of the next two anniversaries; dividend-equivalent shares will also be issued per the plan.
• Withholding shares to cover taxes is a common administrative action and does not represent an open-market sale by the insider.