Rayment Kevin 4

What Happened

• Kevin Rayment, Executive Vice President and COO of Curtiss‑Wright (CW), had 6,618 performance shares vest on Feb 3, 2026 (valued at $674.32 each, total ~$4,462,650) and on Feb 4, 2026 sold 2,634 of those vested shares in open‑market transactions for an average price of $626.33 per share (total ~$1,649,753). The award is not a purchase — it was a vesting of previously granted performance shares — and the subsequent sale appears to be a routine disposition to cover tax obligations.

Key Details

• Award (A): 6,618 shares vested on 2026-02-03 at $674.32/share (value ~$4,462,650). (F1, F2)
• Sale (S): 2,634 shares sold on 2026-02-04; average sale price $626.33/share (total ~$1,649,753). Sale prices ranged $608.82–$660.05 across multiple trades. (F4)
• Reason/footnotes: Award based on 3‑year total shareholder return vs. peer group under the 2014 LTIP (F1). Sale was made to cover tax obligations in accordance with the company’s share ownership guidelines (F3).
• Shares owned after these transactions: not stated in the filing.
• Filing timeliness: Form 4 was filed 2026-02-05 for transactions on Feb 3–4; the filing appears timely (no late filing noted).

Context

• These transactions reflect a performance‑share vesting and a routine partial sale to meet tax obligations, not an open‑market purchase. Such vesting is common for long‑term incentive awards and does not by itself signal a buy recommendation. The reporting person has offered to provide a breakdown of the multiple sale prices to the SEC, issuer, or any security holder (F4).