Curtiss-Wright EVP Sells $641,141 Worth of Shares in Exchange Fund Transaction
John C. Watts, Executive Vice President and Chief Growth Officer at Curtiss-Wright Corporation (NYSE:CW), sold shares valued at $641,141 through an exchange fund on August 27, 2026. The transaction involved the transfer of common stock in return for shares of a different investment vehicle rather than direct open-market sales. This approach is often used by executives to diversify their portfolios while maintaining liquidity. The sale price was based on Curtiss-Wright's closing share value from August 26, $619.46 per share, which marked a 24% total return over the past year. However, shares closed at $605.49 on the day of the transaction. After this exchange, Watts retained ownership of 2,736 directly held shares valued at approximately $1.66 million as of August 27. Curtiss-Wright operates in aerospace, defense, and power generation sectors with a market cap of $22.9 billion and TTM revenue of $3.7 billion. Analysts suggest that this insider transaction is routine and not indicative of any strong bullish or bearish sentiment toward the stock.
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