Curtiss-Wright (CW) director Moraco receives $160,000 restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Curtiss-Wright director Anthony J. Moraco received an annual equity award of 256 shares of common stock on February 4, 2026. The shares were granted under the company’s 2024 Omnibus Incentive Plan as restricted stock for his service on the board.
The award value was $160,000, calculated using the closing share price of $624.93 on the grant date and rounded down to the nearest whole share. Restrictions lapse after one year or earlier if his board service ends due to death, disability, or failure to be reelected. Following this grant, Moraco directly holds 5,446 shares of Curtiss-Wright common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Moraco Anthony J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 256 | $624.93 | $160K |
Holdings After Transaction:
Common Stock — 5,446 shares (Direct)
Footnotes (1)
- Shares were issued pursuant to the Company's 2024 Omnibus Incentive Plan in which non-employee directors receive an annual grant of restricted stock for service on the board. The restrictions on these shares lapse upon the shorter of (a) one year from the date of grant or (b) until such time as the service of the recipient as a non-employee Director of the Company shall have ended by reason of his or her (i) death or disability or (ii) failure to be reelected. The number of shares is arrived by dividing the closing price of the Issuer's securities on February 4, 2026 into $160,000, the amount of the stock award granted to the Issuer's non-employee directors. The number of shares is rounded down to the nearest whole share. Price is based on the close price for the Registrant's common stock on February 4, 2026, the date the reporting person earned the annual award.
FAQ
What did Curtiss-Wright (CW) director Anthony J. Moraco report on this Form 4?
Anthony J. Moraco reported receiving 256 shares of Curtiss-Wright common stock as a board compensation grant. These restricted shares were awarded under the 2024 Omnibus Incentive Plan and are tied to his service as a non-employee director on the company’s board.
When do the restrictions on Anthony J. Moraco’s Curtiss-Wright (CW) restricted stock lapse?
Restrictions lapse on the earlier of one year from the February 4, 2026 grant date or when Moraco’s service as a non-employee director ends due to death, disability, or failure to be reelected. These conditions define when the restricted shares become fully vested.
Is Moraco’s Curtiss-Wright (CW) Form 4 transaction a purchase or a grant?
The Form 4 reflects an award of shares, not an open-market purchase. The 256 shares were issued as restricted stock under Curtiss-Wright’s 2024 Omnibus Incentive Plan as part of Moraco’s annual compensation for serving as a non-employee director on the board.
What role does Curtiss-Wright’s 2024 Omnibus Incentive Plan play in Moraco’s Form 4 filing?
The 2024 Omnibus Incentive Plan is the framework authorizing the restricted stock grant reported. Under this plan, non-employee directors receive annual stock awards for board service, with vesting and lapse of restrictions governed by plan terms tied to tenure and specific separation events.