Hobbs Randall 4

4 · Woodward, Inc. · Filed Feb 12, 2026

AI-generated summary of this filing

Updated Feb 12, 2026

Woodward (WWD) EVP Randall Hobbs Receives RSU Award; Shares Withheld

What Happened

Randall Hobbs, Executive Vice President and President, Industrial at Woodward, Inc., received a grant of restricted stock units (RSUs) on Feb 10, 2026 totaling 1,868 units (574 RSUs recorded and 1,294 RSU-related derivative shares). The RSUs were granted at $0.00 per share. Separately, 221 shares were withheld by the company to cover withholding taxes on previously vested RSUs; those withheld shares (disposed) were valued at $391.53 each, totaling $86,528. The withheld shares were not sold by Hobbs.

Key Details

Transaction date: Feb 10, 2026; Form 4 filed Feb 12, 2026 (timely filing).
Grants: 574 RSUs and 1,294 RSU-related derivative shares, each recorded at $0.00.
Tax withholding: 221 shares withheld @ $391.53 = $86,528 (code F — withholding for tax liability; shares not sold by the insider).
Shares owned after transaction: exact total not included in the excerpt provided; filing notes holdings in the Woodward Retirement Savings Plan are based on a calculation as of Feb 9, 2026 (see full filing for the exact post-transaction balance).
Footnotes of note: F1 describes RSU vesting (34% on Feb 10, 2027, then 33% each anniversary thereafter, plus dividend reinvestment shares); F2 confirms withheld shares were surrendered to cover taxes; F4 notes separate option grants (expire Feb 10, 2036) vesting 25% each year starting Feb 10, 2027.

Context

This filing reflects a compensation-related award (RSUs) rather than an open-market purchase or a voluntary sale; RSU grants are standard executive compensation and do not directly signal a buy/sell decision by the insider.
The tax-withheld shares were not sold on the market by Hobbs (common administrative withholding). The RSUs have multi-year vesting, so vested shares will be delivered over time per the schedule in footnote F1.

Form 4

Period: 2026-02-10

EVP and President, Industrial

Transactions

Award
Woodward, Inc. Common Stock
[F1]
2026-02-10+574→ 38,737 total
Tax Payment
Woodward, Inc. Common Stock
[F2]
2026-02-10$391.53/sh−221$86,528→ 38,516 total
Award
Non-Qualified Stock Option (Right to Buy)
[F4]
2026-02-10+1,294→ 1,294 total
Exercise: $391.53From: 2027-02-10Exp: 2036-02-10→ Woodward, Inc. Common Stock (1,294 underlying)

Holdings

Woodward, Inc. Common Stock
[F3]
(indirect: By Woodward Retirement Savings Plan)
227

Footnotes (4)

[F1]The reporting person was granted an award of Restricted Stock Units ("RSUs"). RSUs vest at a rate of 34% of the award on February 10, 2027 and 33% each one-year anniversary thereafter. Upon vesting, the reporting person will receive one share of Woodward, Inc. Common Stock per RSU granted, as well as certain additional shares to be issued in connection with the dividend reinvestment provisions of the Issuer's RSU awards.
[F2]The shares reported as disposed of were withheld by the Issuer in order to cover withholding taxes in connection with the vesting of RSUs granted to the reporting person in a previous year. These shares were not issued to or sold by the reporting person.
[F3]The information in this report regarding the number of shares held by the reporting person in the Woodward Retirement Savings Plan is based on a calculation as of February 9, 2026.
[F4]Options, which expire February 10, 2036, become exercisable as to 25% of the shares on February 10, 2027 and 25% each one-year anniversary thereafter.

Signature

Rebecca L. Dees, by Power of Attorney|2026-02-12

1 file