Woodward, Inc.: director Utley Tana Leigh received 520 shares

What happened

• Utley Tana Leigh, director, was granted 520 restricted stock units (RSUs) on Oct 1, 2026, reported on a Form 4 filed Oct 2, 2026. The transaction is listed at $0.00 and shows acquisition of 520 shares.
• Footnote F1 says the RSUs will vest 100% on Oct 1, 2027; upon vesting each RSU converts to one share plus additional shares for dividend reinvestment. Footnote F2 notes the total includes 2 additional shares/units issued for dividend reinvestment. Footnote F3 discloses shares held indirectly in the Kent R. Utley Revocable Trust, with the reporting person's spouse as trustee and shared voting and investment power.

Key details

• Transaction date and price: Oct 1, 2026 at $0.00 per share.
• Amount: 520 RSUs granted (filing notes total includes 2 additional shares/units).
• Vesting: 100% vests on Oct 1, 2027; each RSU converts to one share at vesting plus dividend reinvestment shares.
• Shares owned after the transaction: not stated in the filing.
• Filing date: Oct 2, 2026; no late filing indicated in the report.
• Indirect holdings: some shares are held in a revocable trust per footnote F3.

Why it may matter

• This was an equity award of RSUs, not an open-market purchase or sale.
• The RSUs will convert to shares on the vesting date rather than representing immediately tradable stock.
• A filing does not show why the insider traded or why the company acted.