McLevige Shawn M 4
Research Summary
AI-generated summary
Woodward (WWD) EVP Shawn McLevige Receives RSU Award
What Happened
Shawn M. McLevige, Executive Vice President and President, Aerospace at Woodward, Inc., was granted 893 restricted stock units (RSUs) on Feb 10, 2026 (acquisition reported at $0.00 per share). Separately, 99 shares were withheld by the company on that date to satisfy $38,761 of tax withholding related to RSUs that vested in a prior year. The withheld shares were not sold by McLevige.
Key Details
- Transaction dates: Feb 10, 2026 (reported Feb 12, 2026). Filing was within the standard two-business-day window.
- Award: 893 RSUs granted, reported at $0.00 acquisition price. The total reported includes 1 additional share/unit issued for dividend reinvestment.
- Withholding: 99 shares withheld at $391.53 per share, total value $38,761, to cover income tax withholding (not an open-market sale).
- Vesting schedule (footnote): RSUs vest 34% on Feb 10, 2027 and 33% on each of the next two annual anniversaries.
- Shares held after transaction: not specified in the filing.
- Notes: Withheld shares were retained by the issuer for taxes (footnote), and the RSU award includes dividend reinvestment treatment.
Context
RSU grants are a form of compensation that convert to stock only upon vesting; they are routine and do not by themselves signal a buy/sell decision by the insider. The 99-share disposition was a tax-withholding action, not an open-market sale.