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CURTISS WRIGHT CORP·4

Jun 2, 4:12 PM ET

Wallace Peter C 4

Research Summary

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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).