Bamford Lynn M 4

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.