Bamford Lynn M 4
Research Summary
AI-generated summary
Curtiss‑Wright CEO Lynn Bamford Buys 17 Shares via ESPP
What Happened
Lynn M. Bamford, Chair and CEO of Curtiss‑Wright Corp (CW), acquired 17 shares on July 6, 2026 at an effective price of $634.88 per share, for a total of about $10,793. This was an ESPP purchase (an acquisition), i.e., a company stock purchase under an employee plan rather than an open‑market buy.
Key Details
- Transaction date: 2026-07-06 (filed the same day).
- Shares acquired: 17 at $634.88 each; total ≈ $10,793.
- Shares owned after transaction: not reported in the Form 4 filing.
- Footnotes: Shares were bought under the Issuer’s Employee Stock Purchase Plan (ESPP); purchase price reflects a 15% discount on the average selling price of CW on June 30, 2026 (end of the offering period). The transaction is exempt under Rule 16b‑3(c) and (d).
- Timeliness: Filing date equals transaction date, so the Form 4 appears timely.
Context
ESPP purchases are routine employee compensation transactions: payroll deductions accumulate over a six‑month offering period and are used to buy shares at a discounted price at period end. Such purchases are generally viewed differently than open‑market insider buys (they are often periodic and plan‑driven), and do not by themselves prove a change in insider sentiment.