Lacey William F. 4

What Happened
William F. Lacey, Executive Vice President and Chief Financial Officer of Woodward, Inc. (WWD), had 650 shares withheld by the company on February 12, 2026 to cover withholding taxes related to the vesting of previously granted restricted stock units (RSUs). The withholding was done at a per-share value of $380.43, for a total of $247,280. This was an administrative tax-withholding action (transaction code F), not an open-market sale by the insider.

Key Details

• Transaction date: February 12, 2026; Filing date (Form 4): February 13, 2026 (timely filing).
• Price used for withholding: $380.43 per share.
• Shares withheld/disposed: 650 shares; total value ≈ $247,280.
• Shares were withheld by the issuer to cover tax withholding on vesting RSUs and "were not issued to or sold by the reporting person" (footnote F1).
• The filing notes retirement plan share information was calculated as of February 9, 2026 (footnote F2).
• Shares owned after the transaction are not specified in the provided details of this summary.

Context
Tax-withholding via share retention is a common, routine administrative step when RSUs vest and generally does not indicate a buy/sell decision by the insider. Because the shares were withheld by the company (not sold on the open market), this should not be interpreted as a market signal about the insider’s view of the company.