Thomas G. Cromwell - Nov 29, 2024 Form 4 Insider Report for Woodward, Inc. (WWD)

Role
EVP and COO
Signature
Rebecca L. Dees, by Power of Attorney
Stock symbol
WWD
Transactions as of
Nov 29, 2024
Transactions value $
-$5,215,911
Form type
4
Date filed
12/3/2024, 09:39 AM
Previous filing
Nov 26, 2024
Next filing
Dec 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWD Woodward, Inc. Common Stock Options Exercise -$810K -10K -31.73% $81.03 21.5K Nov 29, 2024 Direct
transaction WWD Woodward, Inc. Common Stock Sale -$1.31M -7.31K -34% $179.76 14.2K Nov 29, 2024 Direct F1, F2
transaction WWD Woodward, Inc. Common Stock Sale -$485K -2.69K -18.93% $180.62 11.5K Nov 29, 2024 Direct F1, F3
transaction WWD Woodward, Inc. Common Stock Options Exercise -$810K -10K -31.73% $81.03 21.5K Dec 2, 2024 Direct
transaction WWD Woodward, Inc. Common Stock Sale -$1.8M -10K -46.49% $179.54 11.5K Dec 2, 2024 Direct F1, F4
holding WWD Woodward, Inc. Common Stock 397 Nov 29, 2024 By Woodward Retirement Savings Plan F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction WWD Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -10K -15.8% $0.00 53.3K Nov 29, 2024 Woodward, Inc. Common Stock 10K $81.03 Direct F6
transaction WWD Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -10K -18.76% $0.00 43.3K Dec 2, 2024 Woodward, Inc. Common Stock 10K $81.03 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale reported by the reporting person was effected pursuant to a Rule 10b5-1 trading plan that was adopted on May 17, 2024.
F2 The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $179.50 to $180.47 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
F3 The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $180.53 to $180.86 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
F4 The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $179.50 to $180.26 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price.
F5 The information in this report regarding the number of shares held by the reporting person in the Woodward Retirement Savings Plan is based on a calculation as of November 29, 2024.
F6 Options are fully vested and exercisable.