Charles P. Blankenship - 23 May 2025 Form 4 Insider Report for Woodward, Inc. (WWD)

Signature
Rebecca L. Dees, by Power of Attorney
Issuer symbol
WWD
Transactions as of
23 May 2025
Net transactions value
-$1,186,982
Form type
4
Filing time
28 May 2025, 12:40:58 UTC
Previous filing
23 May 2025
Next filing
30 May 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Blankenship Charles P Chairman of the Board and CEO, Director 1081 WOODWARD WAY, FORT COLLINS Rebecca L. Dees, by Power of Attorney 28 May 2025 0001728364

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WWD Woodward, Inc. Common Stock Options Exercise $491,700 +5,000 +6.8% $98.34 78,117 23 May 2025 Direct
transaction WWD Woodward, Inc. Common Stock Sale $174,703 -853 -1.1% $204.81 77,264 23 May 2025 Direct F1, F2
transaction WWD Woodward, Inc. Common Stock Sale $254,624 -1,237 -1.6% $205.84 76,027 23 May 2025 Direct F1, F3
transaction WWD Woodward, Inc. Common Stock Sale $477,708 -2,310 -3% $206.80 73,717 23 May 2025 Direct F1, F4
transaction WWD Woodward, Inc. Common Stock Sale $124,680 -600 -0.81% $207.80 73,117 23 May 2025 Direct F1, F5
transaction WWD Woodward, Inc. Common Stock Options Exercise $24,585 +250 +0.34% $98.34 73,367 27 May 2025 Direct
transaction WWD Woodward, Inc. Common Stock Options Exercise $395,390 +4,750 +6.5% $83.24 78,117 27 May 2025 Direct
transaction WWD Woodward, Inc. Common Stock Sale $387,163 -1,821 -2.3% $212.61 76,296 27 May 2025 Direct F1, F6
transaction WWD Woodward, Inc. Common Stock Sale $457,893 -2,145 -2.8% $213.47 74,151 27 May 2025 Direct F1, F7
transaction WWD Woodward, Inc. Common Stock Sale $221,886 -1,034 -1.4% $214.59 73,117 27 May 2025 Direct F1, F8
holding WWD Woodward, Inc. Common Stock 360 23 May 2025 By Woodward Retirement Savings Plan F9

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 -5,000 -16% $0.000000 25,500 23 May 2025 Woodward, Inc. Common Stock 5,000 $98.34 Direct F10
transaction WWD Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -250 -0.98% $0.000000 25,250 27 May 2025 Woodward, Inc. Common Stock 250 $98.34 Direct F10
transaction WWD Non-Qualified Stock Option (Right to Buy) Options Exercise $0 -4,750 -5% $0.000000 90,538 27 May 2025 Woodward, Inc. Common Stock 4,750 $83.24 Direct F11
* 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 February 10, 2025.
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 $204.11 to $205.02 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 $205.16 to $206.13 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 $206.16 to $207.15 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 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 $207.65 to $208.02 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.
F6 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 $212.11 to $213.04 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.
F7 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 $213.17 to $213.99 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.
F8 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 $214.38 to $214.69 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.
F9 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 May 19, 2025.
F10 Options, which expire May 9, 2032, became exercisable as to 25% of the shares on May 9, 2023 and 25% each one-year anniversary thereafter.
F11 Options, which expire October 3, 2032, became exercisable as to 25% of the shares on October 3, 2023 and 25% each one-year anniversary thereafter.