Wallace Peter C 4
4 · CURTISS WRIGHT CORP · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
Curtiss-Wright (CW) Director Peter C. Wallace Receives 221 Shares
What Happened
Peter C. Wallace, a Curtiss‑Wright (CW) director, received 221 shares as an award on June 1, 2026. The shares were valued at $719.99 each (closing NYSE price on June 1, 2026), for a total reported value of $159,118. This transaction is coded as an award/grant (A) — not an open‑market purchase or sale.
Key Details
- Transaction date: June 1, 2026; Filed on Form 4: June 2, 2026 (timely).
- Shares: 221 shares acquired at $719.99 per share; total reported value $159,118.
- Transaction type: A = Award/Grant (restricted stock distribution), not a purchase or sale.
- Shares owned after transaction: Not stated in the provided filing excerpt.
- Footnotes:
- F1: Shares were issued under the company’s 2024 Omnibus Incentive Plan for non‑employee directors who may defer compensation into stock.
- F2: These shares reflect an annual restricted stock award earned in 2021; Wallace elected to receive the award in five equal installments beginning June 1, 2025, and this distribution represents 20% of that award (includes dividend credits and rounding).
- F3: Price per share is the NYSE closing price on June 1, 2026 (the date the recipient elected to receive the shares).
Context
This was a scheduled distribution of deferred director compensation (restricted stock) rather than an open‑market trade. Such awards are routine director compensation and do not necessarily signal the director’s buying or selling intent. The filing appears timely (reported the next day).
Insider Transaction Report
Form 4
Wallace Peter C
Director
Transactions
- Award
Common Stock
[F1][F2][F3]2026-06-01$719.99/sh+221$159,118→ 6,209 total
Footnotes (3)
- [F1]Shares were acquired through the Corporation's 2024 Omnibus Incentive Plan whereby non-employee directors may elect to defer their compensation, including their annual restricted stock award, and/or receive their annual retainer and meeting fees in the form of stock at a later date.
- [F2]Reflects the annual restricted stock award that was earned in 2021, but receipt was deferred to June 1, 2025. Number of shares acquired is calculated based on the value of the award ($125,000) divided by the closing price of $115.24 for the Issuer's common stock as reported by the New York Stock Exchange on February 16, 2021, the date the Board initially approved the award. The number of shares is rounded up to the nearest whole share and includes dividend credits earned on outstanding award. This amount reflects 20% of the Reporting Person's restricted stock award as the reporting person elected to receive the restricted stock in five equal installments beginning June 1, 2025.
- [F3]Price is based on the closing market price for the Issuer's securities on the New York Stock Exchange as of June 1, 2026. The date recipient elected to receive his shares.
Signature
George P. McDonald by Power of Attorney for Peter C. Wallace|2026-06-02