McLevige Shawn M 4
Research Summary
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Woodward (WWD) EVP Shawn McLevige Withholds 54 Shares for Taxes
What Happened Shawn M. McLevige, Executive Vice President and President, Aerospace at Woodward, reported that 54 shares were withheld by the company to satisfy withholding taxes in connection with the vesting of previously granted restricted stock units. The withholding was recorded at $380.43 per share, for a notional value of $20,543. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: February 12, 2026; Filing date: February 13, 2026 (filed within the typical 2-business-day window).
- Shares withheld: 54; withholding price: $380.43 per share; notional value: $20,543.
- Nature of transaction: Tax withholding upon RSU vesting — shares were withheld by the issuer and were not issued to or sold by the reporting person (per footnote F1).
- Post-transaction holdings: The Form 4 does not state total shares held after this withholding. Footnote F2 notes retirement plan share counts were calculated as of Feb 9, 2026.
Context Tax-withholding dispositions are routine when RSUs vest and do not represent a market sale or directional bet by the insider. The filing simply documents that the company retained shares to cover the insider's tax liability associated with a prior award.