Bem Karrie M. 4

What Happened
Karrie M. Bem, Executive Vice President, General Counsel & Corporate Secretary of Woodward, Inc. (WWD), was granted 989 restricted stock units (RSUs) on February 10, 2026 (reported as an acquisition at $0.00). Separately, 172 shares were withheld by the company on the same date to cover withholding taxes related to RSUs that vested in a prior year; those withheld shares were not issued to or sold by Ms. Bem. The withheld shares were reported at $391.53 each for a total withholding value of $67,343.

Key Details

• Transaction date: February 10, 2026.
• Grant: 989 RSUs (reported acquisition, $0.00 per share).
• Withholding: 172 shares withheld at $391.53 each; total value reported $67,343. (Footnote F2: withholding related to prior-year RSU vesting.)
• Vesting schedule for the new RSU award (Footnote F1): 34% vests on Feb 10, 2027, then 33% on each of the next two anniversaries; dividend-equivalent shares will be issued per plan.
• Shares owned after transaction: not specified in this filing; filing notes retirement-plan share calculations as of Feb 9, 2026 (Footnote F3).
• Filing timeliness: no late filing indicated in the report.

Context
RSU grants are compensation, not open-market purchases, and represent an acquisition only when granted; vesting (and any subsequent sales) occurs later per the schedule. The 172-share disposition here is an administrative tax-withholding action (common on vesting) and does not reflect an open-market sale by the insider.