Watts John C 4
4 · CURTISS WRIGHT CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Curtiss‑Wright (CW) EVP John Watts Receives RSU Award
What Happened John C. Watts, EVP & Chief Growth Officer of Curtiss‑Wright (CW), received a grant of 183 restricted stock units (RSUs) on March 9, 2026. The award is reported as a derivative acquisition at $0.00 (no cash purchase). Each RSU represents a contingent right to receive one share of CW common stock; the RSUs cliff vest after a three‑year vesting period from the grant date.
Key Details
- Transaction date: 2026-03-09; Form 4 filed 2026-03-10 (timely filing).
- Transaction type/code: A = Award/Grant (derivative RSUs).
- Shares granted: 183 RSUs; reported acquisition price $0.00 (granted as an employee benefit).
- Vesting: Time‑based RSU with a single cliff vest 3 years from grant (per filing footnote).
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes: F1 = RSU grant details and 3‑year cliff vesting; F2 = no price on date of issue; granted as employee benefit; F3 = share total includes dividend credits from prior grants.
Context RSUs are a form of compensation, not an open‑market purchase or sale. They represent a future right to receive shares if vesting conditions are met — in this case, no shares will vest until the three‑year cliff date. Such grants are routine executive compensation and should be viewed as part of long‑term incentives rather than an immediate market signal. The filing does not state a dollar value; the economic value will depend on CW's stock price at vesting.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2][F3]2026-03-09+183→ 1,407 totalExercise: $0.00From: 2029-03-09Exp: 2029-03-09→ Common Stock (183 underlying)
Footnotes (3)
- [F1]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.
- [F2]No price on the date of issue. The restricted stock units were granted as an employee benefit transaction.
- [F3]Share total includes dividend credits earned on prior outstanding grants.