Ogilby Gary A 4
Research Summary
AI-generated summary
Curtiss‑Wright (CW) Senior VP Gary A. Ogilby Sells 148 Shares
What Happened
- Gary A. Ogilby, Senior Vice President & Corporate Controller of Curtiss‑Wright (CW), had 400 restricted stock units (RSUs) convert into common shares on March 16, 2026 (reported as derivative conversion). Following the vesting, Ogilby sold 148 shares in open‑market transactions on March 17, 2026 for total proceeds of approximately $100,388 (average price $678.30).
Key Details
- Transaction dates: RSU conversion/settlement 2026-03-16; open‑market sale 2026-03-17; Form 4 filed 2026-03-18 (timely).
- Sale details: 148 shares sold at an average price of $678.30; reported sale prices ranged from $671.53 to $681.02. Reporting person will provide breakdown of shares sold at each price upon request.
- RSU details: The shares came from RSUs granted March 16, 2023 that cliff‑vested after a three‑year period. No purchase price was paid on grant/settlement (employee benefit).
- Purpose: The sale was made in compliance with company share ownership guidelines to cover tax obligations associated with the vesting award.
- Shares owned after the transaction: Not specified in the filing.
- Filing: Accession 0001628280-26-019402; no late filing indicated.
Context
- This was a routine post‑vesting tax‑withholding sale of vested RSUs rather than a discretionary sell signal by the insider. The form shows RSUs converted to common stock (derivative settlement) and a partial open‑market sale to cover taxes. Such transactions are common when equity awards vest.