Bamford Lynn M 4
Research Summary
AI-generated summary
Curtiss‑Wright (CW) CEO Lynn M. Bamford Receives RSU Award
What Happened
- Lynn M. Bamford, Chair, CEO and a director of Curtiss‑Wright Corp (CW), received a grant of 2,735 restricted stock units (RSUs) on March 9, 2026. The filing reports an acquisition-type (A) derivative award with $0 reported as the price on the grant date. Each RSU represents a contingent right to one share of common stock upon vesting.
Key Details
- Transaction date: 2026-03-09; Form 4 filed: 2026-03-10.
- Award: 2,735 RSUs; reported acquisition price: $0 on date of issue.
- Vesting: RSUs cliff vest after a three‑year vesting period from the grant date (vests on or about March 9, 2029). (Footnote F1)
- Grant nature: Time‑based RSU award under the Company's 2024 Omnibus Incentive Plan; granted as an employee benefit (Footnotes F1, F2).
- Footnote F3: The reported share total includes dividend credits earned on prior outstanding grants.
- Shares owned after transaction: not specified in the provided filing summary.
Context
- RSUs are a derivative compensation award (not an open‑market purchase or sale). They represent a promise to deliver shares in the future if vesting conditions are met, so they do not change immediate share ownership or signal an immediate buy/sell.
- The Form 4 was filed one day after the grant date (within normal insider reporting timelines).