8-KFiled Aug 10, 8:00 PM ET

Curtiss‑Wright Enters $100M 10b5‑1 Share Repurchase Plan

$CW · CURTISS WRIGHT CORP

Research Summary

AI-generated summary of this SEC filing

Updated

Curtiss‑Wright Enters $100M 10b5‑1 Share Repurchase Plan

What Happened
Curtiss‑Wright Corporation announced on August 10, 2026 that it adopted a written Rule 10b5‑1 trading plan to repurchase up to $100 million of its common stock. The plan was implemented in connection with the company’s previously announced share repurchase program and will be executed by a broker under the plan’s limits and timing.

Key Details

  • Date adopted: August 10, 2026; plan will not be effected before that date.
  • Amount under this plan: $100 million of share repurchases.
  • Total current repurchase authorization: $490 million; expected remaining after this plan: $390 million.
  • Timing/limits: Purchases may be up to the maximum daily target volume allowed under Rule 10b‑18 and are expected to be completed by the end of August 2026.
  • Mechanics: A broker is authorized to execute purchases under the plan; company may adopt additional 10b5‑1 plans later.
  • Disclosure: A press release dated August 10, 2026 was furnished as Exhibit 99.1 to the 8‑K.

Why It Matters
This buyback plan is a concrete step to return capital to shareholders and can reduce share count if completed, potentially supporting earnings per share. Using a Rule 10b5‑1 plan lets Curtiss‑Wright repurchase shares even during periods when insiders might otherwise be restricted from trading. The filing also notes the usual forward‑looking risks (market volatility, price and volume changes), and that repurchases will be reported in future Form 10‑Q/10‑K filings.