Woodward Director Gregg Sengstack Receives Annual Equity Award
Woodward, Inc.
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Filing Summary
SEC Form 4 Filing Alert: Woodward, Inc. ($WWD) • Insider: Gregg C. Sengstack (Director) • Transaction: Grant / Award (Code A) • Shares: 520 RSUs ($0.00) • Direct Post-Transaction Ownership: 10,132 shares • Indirect Ownership: 23,450 shares (Dianne Sengstack 2020 Dynasty Trust) • Vesting: 100% on October 1, 2027
Comprehensive Analysis
Executive Summary
On October 2, 2026, Woodward, Inc. ($WWD) filed a Form 4 detailing an equity grant to Director Gregg C. Sengstack. On October 1, 2026, Mr. Sengstack was granted 520 restricted stock units (RSUs) under the company's director compensation program at an exercise/grant price of $0.00 per share.
Transaction Breakdown
- Date of Transaction: October 1, 2026
- Transaction Code:
A(Award / Grant) - Shares Acquired: 520 Restricted Stock Units
- Grant Price: $0.00
- Vesting Terms: The RSUs vest 100% on October 1, 2027, subject to dividend reinvestment terms.
Ownership Profile
- Direct Ownership Post-Transaction: 10,132 shares (includes 2 additional shares/units issued under dividend reinvestment provisions).
- Indirect Ownership: 23,450 shares held through the Dianne Sengstack 2020 Dynasty Trust, for which Mr. Sengstack serves as trustee with sole voting and investment authority.
Market & Governance Impact
This filing represents a routine, non-discretionary equity grant awarded as part of the board of directors' annual compensation package. As it is an award rather than an open-market transaction, it carries Low trading significance.
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