4Filed May 10, 8:00 PM ET
Curtiss‑Wright (CW) Director Jeffrey Lyash Receives Restricted Stock Award
$CW · CURTISS WRIGHT CORPResearch Summary
AI-generated summary of this SEC filing
Curtiss‑Wright (CW) Director Jeffrey Lyash Receives Restricted Stock Award
What Happened
Jeffrey J. Lyash, a newly elected non‑employee director of Curtiss‑Wright Corp (CW), was issued 48 restricted shares on May 7, 2026. The Form 4 shows an award/acquisition at $0.00 per share (award), with an implied value of $35,000 based on the issuer's May 7, 2026 closing price of $724.43.
Key Details
- Transaction date: May 7, 2026. Filing date: May 11, 2026 (appears to be filed after the typical 2‑business‑day Form 4 deadline).
- Transaction type/code: Award/Grant (A); 48 shares granted at $0.00 (award).
- Implied value: $35,000 (calculated as $35,000 ÷ $724.43 = ~48 shares per filing footnote).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: Shares issued under the Company’s 2024 Omnibus Incentive Plan for newly elected non‑employee directors. Restrictions lapse on the shorter of (a) five years from grant or (b) when the recipient’s service ends due to death/disability or failure to be reelected.
Context
This was a standard director compensation award, not an open‑market purchase or sale. Restricted stock grants are common for non‑employee directors and are typically subject to vesting/restriction periods, meaning these shares are not immediately free to sell and do not by themselves indicate the director’s market view.