Freda Robert F 4

What Happened

• Robert F. Freda, Senior Vice President & Treasurer of Curtiss‑Wright (CW), had 296 restricted stock units (RSUs) vest on March 16, 2026 (converted to common shares at $0). Following the vesting, he sold 140 shares in the open market on March 17, 2026, for average proceeds of $678.61 per share, totaling about $95,005. The sale appears to be a routine disposition to cover tax obligations tied to the vesting.

Key Details

• Transaction dates: RSU conversion/derivative exercise on 2026-03-16; open-market sale on 2026-03-17. Form filed 2026-03-18 (timely).
• Prices and amounts:
  • RSU conversion: 296 shares acquired at $0.00 (grant/vesting).
  • Open-market sale: 140 shares disposed; average sale price $678.61; total proceeds ~$95,005.
  • Reported sale price range: $671.23 to $681.66 (multiple transactions); reporting person will provide per-price breakdown if requested.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1/F2: The 296 shares came from RSUs granted 3/16/2023 that cliff‑vested after three years; no acquisition price on grant.
  • F3: Sale was made in compliance with the company’s share ownership guidelines to cover tax obligations; the reporting person remains in compliance.
  • F5: Share total includes dividend credits from prior grants.
• Filing timeliness: Filed within the usual Form 4 window (no late filing flag).

Context

• This was a vesting of RSUs followed by a partial sale to satisfy tax withholding — a common, non‑directional insider transaction. The exercise/conversion (transaction code M) converted vested RSUs into shares, and the subsequent sale (S) disposed of part of those shares. Sales to cover taxes are routine and don’t necessarily signal a change in insider sentiment.