Watts John C 4
4 · CURTISS WRIGHT CORP · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
Curtiss‑Wright (CW) EVP John C. Watts Sells 220 Shares
What Happened
- John C. Watts, EVP & Chief Growth Officer of Curtiss‑Wright (CW), had 512 restricted stock units (RSUs) vest and convert into common shares on March 16, 2026 (acquired at $0 as part of an employee RSU award). Following the vesting, the filing shows a disposition related to the derivative/withholding and an open‑market sale of 220 shares on March 17, 2026, generating approximately $149,184 (average price $678.11).
Key Details
- Transaction dates: RSU conversion/derivative activity on 2026-03-16; open‑market sale on 2026-03-17. Filing date: 2026-03-18 (appears timely).
- Sale proceeds: ~ $149,184; average sale price $678.11; individual sale prices ranged $671.53–$681.02.
- RSU conversion: 512 shares converted from RSUs (cliff vest from a March 16, 2023 grant).
- Withholding/disposition: filing shows 512 shares disposed as derivative consideration (reported at $0), consistent with shares being surrendered/withheld for tax or administrative purposes.
- Shares owned after the transactions: not specified in the provided filing excerpt.
- Footnotes: RSUs granted under the 2014 Omnibus Incentive Plan; no issue price for RSUs; sale(s) done to cover tax obligations per company guidelines; reported sale prices are averages and were executed in multiple transactions; totals include dividend credits earned on prior grants.
Context
- These entries reflect RSU vesting and routine post‑vesting actions (conversion of RSUs and selling a portion to cover tax obligations), not an independent open‑market purchase signal. When insiders sell vested award shares to meet tax liabilities, it is typically administrative rather than an indicator of a change in sentiment.
Insider Transaction Report
Form 4
Watts John C
EVP & Chief Growth Officer
Transactions
- Exercise/Conversion
Common Stock
[F1][F2]2026-03-16+512→ 4,402 total - Sale
Common Stock
[F3][F4]2026-03-17$678.11/sh−220$149,184→ 4,182 total - Exercise/Conversion
Restricted Stock Unit
[F2][F1][F5]2026-03-16−512→ 895 totalExercise: $0.00From: 2026-03-16Exp: 2026-03-16→ Common Stock (512 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 $671.53 to $681.02, 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.
Signature
George P. McDonald by Power of Attorney from John C. Watts|2026-03-18