Bamford Lynn M 4
4 · CURTISS WRIGHT CORP · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Curtiss-Wright (CW) CEO Lynn M. Bamford Receives Award and Sells Shares
What Happened Lynn M. Bamford, Chair, CEO and Director of Curtiss‑Wright (CW), received a performance‑share award of 20,268 shares that vested on Feb 3, 2026 (valued at $674.32/share, ~$13,667,118). He subsequently sold 9,327 of the vested shares in open‑market transactions on Feb 4, 2026 for an average price of $626.45/share (totaling ~$5,842,899). The award is an A (acquisition) transaction; the sale is an S (disposition) transaction.
Key Details
- Filing/period: Form 4 filed Feb 5, 2026; report period ended Feb 3, 2026. Filing appears timely.
- Award: 20,268 shares granted/vested under the 2014 Long Term Incentive Plan, tied to 3‑year total shareholder return vs. peers. Valuation used: NYSE close on Feb 3, 2026 ($674.32) (footnotes F1, F2).
- Sale: 9,327 shares sold to cover tax obligations per the company’s share ownership guidelines (footnote F3). Average sale price $626.45; sale prices ranged $609.25–$666.53 (footnote F4). The filer will provide a breakdown of shares sold at each price if requested.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Codes/notes: A = award/grant (vesting), S = open market sale; sale described as covering tax withholding rather than a discretionary investment sale.
Context Performance‑share vesting is a non‑cash compensation event tied to multi‑year performance and is not a buy signal. Sales to cover taxes are routine and commonly required when equity awards vest; they do not necessarily indicate a change in the insider’s view of the company. Purchases would generally be more indicative of bullish insider sentiment; this filing reflects a compensation vesting event plus tax‑related dispositions.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-03$674.32/sh+20,268$13,667,118→ 55,519 total - Sale
Common Stock
[F3][F4]2026-02-04$626.45/sh−9,327$5,842,899→ 46,192 total
Footnotes (4)
- [F1]These shares were acquired through a performance share grant under the Company's 2014 Long Term Incentive Plan, whereby the executive received a predetermined number of shares of Curtiss-Wright Common Stock based on the Company's three-year total shareholder return against the performance of its peer group.
- [F2]Based on February 3, 2026 closing price on the New York Stock Exchange for Curtiss-Wright Common Stock, the date on which the shares vested.
- [F3]Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell a portion of the vested shares to cover individual income tax obligations associated with the vesting of the award.
- [F4]The price reported is the average selling price. The shares were sold in multiple transactions at prices ranging from $609.25 to $666.53, inclusive. The Reporting Person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares sold at each separate price.