Hobbs Randall 4
Research Summary
AI-generated summary
Woodward (WWD) EVP Randall Hobbs Sells 359 Shares (Tax Withholding)
What Happened
- Randall Hobbs, Executive Vice President and President, Industrial at Woodward, had 359 shares withheld by the company on Feb 12, 2026 to satisfy tax withholding related to vested restricted stock units. The withholding was at $380.43 per share, totaling approximately $136,574. This transaction is reported as a disposition for tax withholding (code F), not an open-market sale by the insider.
Key Details
- Transaction date and price: Feb 12, 2026 at $380.43 per share
- Shares involved: 359 shares withheld; total value ≈ $136,574
- Shares owned after transaction: not specified in the filing
- Footnotes: F1 — shares were withheld by the issuer to cover withholding taxes on previously granted RSUs (shares were not issued to or sold by the reporting person). F2 — retirement plan share counts in the report are based on a calculation as of Feb 9, 2026.
- Filing timeliness: Report filed Feb 13, 2026 for a Feb 12 transaction (appears timely)
Context
- Code F transactions are routine tax-withholding events tied to equity award vesting and do not represent a discretionary open-market sale or purchase by the insider. Such withholdings are common and generally not interpreted as a buy/sell signal about the company’s prospects.