Freda Robert F 4

What Happened
Robert F. Freda, Senior Vice President & Treasurer of Curtiss‑Wright (CW), received 784 performance shares that vested on Feb 3, 2026 (valued at $674.32 each, total $528,667). The next day (Feb 4, 2026) he sold 418 of the vested shares in open‑market transactions for an average price of $626.95 each (total proceeds $262,065). The sale was conducted to cover tax obligations tied to the vesting.

Key Details

• Award: 784 shares granted/vested on 2026‑02‑03; valuation based on the Feb 3 NYSE closing price ($674.32) — total $528,667. (Footnotes: performance‑share award under the 2014 Long Term Incentive Plan.)
• Sale: 418 shares sold on 2026‑02‑04; average selling price $626.95; total proceeds $262,065. Individual sale prices ranged $611.26–$658.97. Reporting person will provide per‑price breakdown if requested.
• Reason for sale: per company share ownership guidelines, shares were sold to cover individual income tax obligations associated with vesting.
• Shares owned after transaction: not disclosed in the provided filing.
• Filing timeliness: Form 4 filed 2026‑02‑05 (covers transactions dated Feb 3–4); filing appears timely (no late‑filing indication in provided data).

Context

• The 784 shares were performance‑based awards tied to three‑year total shareholder return vs. a peer group (not a cash purchase). Such vesting awards and subsequent partial sell‑to‑cover transactions are routine and typically reflect tax management rather than a directional bet on the stock.