Watts John C 4

What Happened

• John C. Watts, EVP & Chief Growth Officer of Curtiss‑Wright (CW), had 1,354 performance shares vest on Feb 3, 2026 (treated as an award) valued at $674.32 per share for a total of $913,029. The next day (Feb 4, 2026) he sold 652 of those shares in open‑market transactions for an average price of $625.57, generating proceeds of $407,872.
• The award was a performance‑share grant under the company’s 2014 Long Term Incentive Plan tied to three‑year total shareholder return vs peers (footnote F1). The sale was done to cover individual income tax obligations associated with vesting (footnote F3) and does not necessarily indicate a broader change in insider sentiment.

Key Details

• Transaction types: Award/vesting (A) on 2026-02-03; Open‑market sale (S) on 2026-02-04.
• Award: 1,354 shares at $674.32 = $913,029 (price based on NYSE close on vest date — F2).
• Sale: 652 shares, average price $625.57, proceeds $407,872; individual sale prices ranged $611.69–$626.23 (F4).
• Reason for sale: To cover tax withholding associated with the vested award (F3).
• Shares owned after transaction: Not reported in the Form 4 filing.
• Filing timeliness: Reported on Feb 5, 2026, for transactions on Feb 3–4, 2026 (filed within the usual 2‑business day window).

Context

• This filing shows a routine vesting of performance shares and a partial sell‑off to satisfy tax obligations — common practice for equity compensation. The award is not a cash purchase by the insider; the sale was limited and described as tax‑related rather than an open market investment decision.