8-KFiled Aug 18, 8:00 PM ET

Curtiss‑Wright Corp Announces $100M Rule 10b5‑1 Share Repurchase Plan

$CW · CURTISS WRIGHT CORP

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Curtiss‑Wright Corp Announces $100M Rule 10b5‑1 Share Repurchase Plan

What Happened

  • Curtiss‑Wright Corporation announced on August 18, 2026 that it implemented a written trading plan under Rule 10b5‑1 to buy back $100 million of its common stock as part of its previously announced share repurchase program.
  • The trading plan will follow Rule 10b‑18 daily volume limits and is expected to be completed by the end of August 2026; a broker will execute purchases under the plan.
  • After this plan is fully used, the company expects approximately $290 million of repurchase authorization to remain. The company furnished a press release dated August 18, 2026 as Exhibit 99.1 to the Form 8‑K.

Key Details

  • Date implemented: August 18, 2026.
  • Plan size: $100,000,000 of share repurchases under a Rule 10b5‑1 plan.
  • Total available under current authorizations before this plan: $390,000,000; expected remaining after completion: $290,000,000.
  • Purchases will be limited to the maximum daily target volume allowable under Rule 10b‑18 and the plan will cease upon full use of the $100M.

Why It Matters

  • This is a cash return action that uses $100 million of Curtiss‑Wright’s authorized repurchase capacity and will be disclosed in future Form 10‑Q/10‑K filings as required.
  • Adopting a Rule 10b5‑1 plan lets the company repurchase shares during times when insiders or the company might otherwise be restricted from trading (for example, blackout periods), providing a structured way to execute the repurchases.
  • The company noted forward‑looking risks (stock price volatility, market conditions, capital needs) and did not commit to additional repurchases beyond this plan; further 10b5‑1 plans may be adopted later.