Director Tana Leigh Utley Receives Annual Equity Grant at Woodward, Inc. ($WWD)
Woodward, Inc.
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Filing Summary
Woodward, Inc. ($WWD) Form 4 Filing Alert
Insider: Tana Leigh Utley (Director) Transaction: Grant / Award (Code A) Shares Transacted: 520 Price per Share: $0.00 Direct Ownership Post-Transaction: 3,123 shares Indirect Holdings: 81 shares (Kent R. Utley Revocable Trust) Significance: Low (Standard director equity grant)
Comprehensive Analysis
Executive Summary
On October 2, 2026, Woodward, Inc. ($WWD) filed a Form 4 disclosing that Director Tana Leigh Utley received an award of 520 restricted stock units (RSUs) on October 1, 2026. The RSUs were awarded at $0.00 per share as part of standard director equity compensation.
Transaction Analysis
- Nature of Transaction: Code 'A' indicates a grant or award rather than an open-market transaction.
- Vesting Terms: According to footnote disclosures, the RSUs will vest 100% on October 1, 2027. Upon vesting, each unit converts into one share of common stock plus applicable dividend equivalent shares.
- Post-Transaction Holdings: Utley directly owns 3,123 shares/units following the transaction, along with an indirect holding of 81 shares through the Kent R. Utley Revocable Trust.
Market & Governance Impact
Because this transaction represents routine annual equity-based board compensation rather than discretionary open-market buying or selling, it carries low informational significance regarding future operational performance or valuation sentiment.
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