8-KOther Events

CURTISS WRIGHT CORP 8-K Report, Corporate Update (Sep 11, 2025)

Filed September 11, 2025For Securities:CW

Summary

Curtiss-Wright Corporation (CW) announced on September 11, 2025, the adoption of a new written trading plan under Rule 10b5-1, effective September 10, 2025. This plan is designed to facilitate share repurchases totaling $200 million, which is expected to be completed by the fourth quarter of 2025. This initiative is part of the company's broader share repurchase programs, which have a total available authorization of $334 million, leaving approximately $134 million in repurchase capacity after the current plan's execution. The implementation of a Rule 10b5-1 trading plan allows Curtiss-Wright to strategically buy back its own stock even during periods when insider trading restrictions or self-imposed blackout periods might otherwise prevent such activities. The company has appointed a broker to execute these repurchases according to the plan's specific terms and limitations. This move signals management's confidence in the company's financial health and its commitment to returning value to shareholders.

Key Highlights

  • 1Curtiss-Wright adopted a Rule 10b5-1 trading plan on September 10, 2025, to facilitate share repurchases.
  • 2The new trading plan will involve the repurchase of $200 million worth of the Company's common stock.
  • 3The $200 million repurchase plan is expected to be fully executed by the fourth quarter of 2025.
  • 4The Company had $334 million available for share repurchases prior to this new plan.
  • 5Following the completion of the $200 million plan, approximately $134 million in repurchase authorization will remain.
  • 6The Rule 10b5-1 plan enables repurchases during periods that might otherwise be restricted by blackout periods or insider trading regulations.
  • 7A designated broker will manage the share repurchases under the terms of the plan.

Frequently Asked Questions

The primary purpose of the Rule 10b5-1 trading plan is to allow Curtiss-Wright to strategically repurchase its own common stock, even during periods when the company or its insiders might be subject to trading restrictions, such as blackout periods or due to possessing material non-public information.

The new Rule 10b5-1 trading plan allocates $200 million for share repurchases and is anticipated to be fully utilized by the fourth quarter of 2025.

After the completion of the $200 million trading plan, Curtiss-Wright is expected to have approximately $134 million of its previously authorized repurchase capacity remaining.

A broker selected by Curtiss-Wright Corporation will have the authority to repurchase shares on behalf of the Company, operating within the specified terms and limitations of the Rule 10b5-1 trading plan.