Bamford Lynn M 4
4 · CURTISS WRIGHT CORP · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Curtiss‑Wright (CW) CEO Lynn M. Bamford Receives RSUs, Sells Shares
What Happened Lynn M. Bamford, Chair and CEO of Curtiss‑Wright (CW), had 7,667 restricted stock units (RSUs) cliff‑vest on March 16, 2026 (converted to common shares). On March 17, 2026 he sold 3,225 of those shares in open‑market transactions at an average price of $676.70, generating approximately $2,182,358 in proceeds. The Form 4 records the RSU conversion as an exercise/conversion (transaction code M) with no purchase price reported for the award (employee benefit).
Key Details
- Transaction dates: RSU vest/conversion 2026‑03‑16; open‑market sale 2026‑03‑17; filing date 2026‑03‑18. Filing appears timely.
- Sale price/proceeds: average sell price $676.70; total proceeds reported $2,182,358. Reported sale prices ranged from $669.05 to $681.00 (sold in multiple transactions).
- RSU specifics: 7,667 RSUs granted 2023‑03‑16 cliff‑vested after three years (per footnote). The award entry shows $0 price on issue (employee benefit).
- Purpose of sale: Filing notes the sale was made in compliance with company share‑ownership guidelines to cover tax obligations related to vesting.
- Shares owned after transaction: not specified in the provided filing.
- Other notes: Filing states share totals include dividend credits on prior grants; reporter will provide per‑share sale prices on request.
Context The record shows a routine vesting of long‑term compensation (RSUs) followed by a partial sale to meet tax withholding—common for executive awards. This is not a cash purchase by the insider (no bullish buy signal). The derivative code M indicates conversion/exercise of the award into shares prior to the sale.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1][F2]2026-03-16+7,667→ 53,859 total - Sale
Common Stock
[F3][F4]2026-03-17$676.70/sh−3,225$2,182,358→ 50,634 total - Exercise/Conversion
Restricted Stock Unit
[F2][F1][F5]2026-03-16−7,667→ 14,614 totalExercise: $0.00From: 2026-03-16Exp: 2026-03-16→ Common Stock (7,667 underlying)
Footnotes (5)
- [F1]These shares were acquired through a restricted stock unit ("RSU") grant under the Company's 2014 Omnibus Incentive Plan on March 16, 2023. The RSUs cliff vested in Issuer common stock after a three-year vesting period from the date of grant.
- [F2]No price on the date of issue. The restricted stock units were granted as an employee benefit transaction.
- [F3]Shares were sold in compliance with the Company's share ownership guidelines whereby the Reporting Person may sell a portion of the vesting award to cover any tax obligations associated with the vesting of the award. The Reporting Person is and remains in compliance with the share ownership guidelines.
- [F4]The price reported is the average selling price. The shares were sold in multiple transactions at prices ranging from $669.05 to $681, inclusive. The Reporting Person undertakes to provide the SEC, the issuer and any security holder full information regarding the number of shares sold at each separate price.
- [F5]Share total includes dividend credits earned on prior outstanding grants.