McDonald George P. 4
4 · CURTISS WRIGHT CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Curtiss‑Wright (CW) Exec George P. McDonald Receives 304 RSUs
What Happened
George P. McDonald, Executive Vice President and Corporate Secretary of Curtiss‑Wright (CW), received a grant of 304 time‑based restricted stock units (RSUs) on March 9, 2026. The RSUs were granted as an employee benefit (no purchase price) and are reported as a derivative award; each RSU represents a contingent right to one share of CW common stock. The RSUs cliff vest after a three‑year period from the grant date (i.e., vest on or about March 9, 2029).
Key Details
- Transaction date: March 9, 2026; Form 4 filed March 10, 2026 (timely filing).
- Grant: 304 RSUs; no price paid on grant (employee benefit).
- Vesting: Time‑based RSUs with a single (cliff) vest on the 3‑year anniversary of the grant.
- Correction note: The filing corrects a prior understatement of the reporting person’s beneficial ownership by 2,064 shares that were acquired through employee benefit transactions before McDonald became an executive officer in November 2024.
- Dividend credits: The reported share total includes dividend credits earned on prior outstanding grants.
- Transaction code: A = Award/Grant (derivative instrument).
Context
RSUs are contingent awards that convert into actual shares only if vesting conditions are met; they are not an immediate purchase of stock and do not by themselves indicate buying or selling sentiment. The correction of prior ownership simply updates the historical record of shares beneficially owned and does not change the nature of the new RSU grant.
Insider Transaction Report
- Award
Restricted Stock Unit
[F2][F3][F4]2026-03-09+304→ 1,462 totalExercise: $0.00From: 2029-03-09Exp: 2029-03-09→ Common Stock (304 underlying)
- 4,011
Common Stock
[F1]
Footnotes (4)
- [F1]This row is being reported to correct an error in the previously reported number of shares beneficially owned by the Reporting Person. The number of shares reported as beneficially owned were understated by 2,064 shares. These shares were acquired by the Reporting Person through employee benefit transactions prior to the Reporting Person becoming an executive officer of the Issuer in November 2024 and were inadvertently not captured in the Reporting Person's Form 3 filed on November 18, 2024.
- [F2]This is a time-based restricted stock unit ("RSU") grant under the Company's 2024 Omnibus Incentive Plan. Each RSU represents a contingent right to receive one share of Issuer common stock. The RSUs will cliff vest after a three-year vesting period from the date of grant, which was March 9, 2026.
- [F3]No price on the date of issue. The restricted stock units were granted as an employee benefit transaction.
- [F4]Share total includes dividend credits earned on prior outstanding grants.