Rayment Kevin 4

What Happened Kevin Rayment, Executive Vice President and COO of Curtiss‑Wright (CW), had 2,504 restricted stock units (RSUs) cliff‑vest on March 16, 2026 (grant dated March 16, 2023). Those RSUs converted to 2,504 shares (reported as an exercise/conversion of a derivative, code M, at $0.00 because the award was an employee benefit). Following the vesting, Rayment sold 907 shares in open‑market transactions on March 17, 2026, for aggregate proceeds of $614,384 (average price $677.38; sale prices ranged $671.52–$681).

Key Details

• Transaction dates: RSU conversion (exercise/conversion) on 2026‑03‑16; open‑market sale on 2026‑03‑17.
• Shares converted/acquired: 2,504 shares (RSU cliff vest).
• Shares sold: 907 shares, total proceeds $614,384; average sale price $677.38 (range $671.52–$681). Reporting person can provide per‑trade prices to the SEC/issuer.
• Price of conversion reported as $0.00 because RSUs were granted as employee compensation.
• Footnotes: RSUs granted 3/16/2023 with three‑year cliff vesting (F1); sale conforms with company share ownership guidelines and was used in part to cover tax obligations (F3); totals include dividend credits on prior grants (F5).
• Shares owned after the transaction: Not specified in the Form 4 filing.
• Filing timeliness: Report filed 2026‑03‑18 for transactions on 2026‑03‑16/17; appears timely (Form 4 typically due within two business days).

Context This was not an open‑market purchase but a vesting of previously granted RSUs followed by a partial sale. The sale is described in the filing as routine (to cover tax obligations) and the reporting person remains in compliance with company ownership guidelines. Conversions of RSUs reported at $0 reflect that the shares were issued as compensation rather than purchased.