Farkas K Christopher 4
Research Summary
AI-generated summary
Curtiss-Wright (CW) CFO K. Christopher Farkas Sells 3,105 Shares
What Happened
K. Christopher Farkas, Executive Vice President and Chief Financial Officer of Curtiss‑Wright (CW), sold 3,105 shares of company stock on Feb 18, 2026. The filing reports an average selling price of $694.51, for total proceeds of $2,156,454. This was a sale (not a purchase or award) executed as open‑market transactions.
Key Details
- Transaction date: 2026-02-18. Transaction type: Sale (Code S).
- Shares sold: 3,105. Average price reported: $694.51. Total proceeds: $2,156,454.
- Price range: shares were sold in multiple trades at prices from $687.55 to $703.23 inclusive.
- Plan/authorization: Sale executed under a 10b5-1 trading plan adopted by the reporting person on Nov 10, 2025 and maintained by the reporting person’s financial advisor. Also noted as compliant with the company’s share ownership guidelines.
- Additional note: The filing states the reported price is an average and the reporting person will provide the SEC, issuer and any security holder details on the number of shares sold at each separate price if requested.
- Filing timeliness: Report filed with period and filing date of 2026-02-18 (no late filing indicated in the provided excerpt).
- Shares owned after transaction: Not specified in the provided excerpt.
Context
Sales made under a 10b5-1 plan are typically pre‑arranged and scheduled, which can reduce the implication that the sale reflects a change in the insider’s view of the company. For retail investors, purchases generally carry more informational weight than routine, pre‑planned sales; this filing documents a planned disposition of shares by the CFO.