CURTISS WRIGHT CORP 10-K

Item 5. Market for the Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities. MARKET INFORMATION Our common stock is listed and traded on the New York Stock Exchange (NYSE) under the symbol CW. As of January 1, 2024, we had approximately 2,493 registered shareholders of our common stock, $1.00 par value. DIVIDENDS During 2023 and 2022, the Company paid quarterly dividends as follows: 2023 2022 Common Stock First Quarter $ 0.19 $ 0.18 Second Quarter 0.20 0.19 Third Quarter 0.20 0.19 Fourth Quarter 0.20 0.19 SECURITIES AUTHORIZED FOR ISSUANCE UNDER EQUITY COMPENSATION PLANS The following table sets forth information regarding our equity compensation plans as of December 31, 2023, the end of our most recently completed fiscal year: Plan category Number of securities to be issued under equity compensation plans Weighted-average fair value of outstanding equity-based awards Number of securities remaining available for future issuance under equity compensation plans (excluding securities reflected in the first column) Equity compensation plans approved by security holders 356,766 (a) $139.36 1,613,185 (b) Equity compensation plans not approved by security holders None Not applicable Not applicable (a) Consists of 319,828 shares issuable upon vesting of performance share units, restricted shares, restricted stock units, and shares to non-employee directors under the 2005 and 2014 Omnibus Incentive Plan, and 36,938 shares issuable under the Employee Stock Purchase Plan. (b) Consists of 1,100,366 shares available for share-based awards under the 2014 Omnibus Incentive Plan, and 512,819 shares remaining available for issuance under the Employee Stock Purchase Plan. Issuer Purchases of Equity Securities 25 The following table provides information about our repurchases of equity securities that are registered by us pursuant to Section 12 of the Securities Exchange Act of 1934, as amended, during the quarter ended December 31, 2023. Total Number of shares purchased Average Price Paid per Share Total Number of Shares Purchased as Part of a Publicly Announced Program Maximum Dollar amount of shares that may yet be Purchased Under the Program (in thousands) October 1 – October 31 21,978 $200.13 231,447 $158,375 November 1 – November 30 20,024 $209.66 251,471 154,177 December 1 – December 31 18,440 $218.93 269,911 150,140 For the quarter ended December 31 60,442 $209.02 269,911 $150,140 In November 2023, the Corporation adopted two written trading plans under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. The Corporation implemented these written trading plans in connection with its previously authorized share repurchase program, of which approximately $150 million of the previously authorized up to $550 million remains available for repurchase. The first trading plan includes share repurchases of $50 million, to be executed equally throughout the 2024 calendar year. The second trading plan includes opportunistic share repurchases up to $100 million during 2024 to be executed through a 10b5-1 program. The terms of these trading plans can be found in the Corporation’s Form 8-K filed with U.S. Securities and Exchange Commission on November 28, 2023. The following performance graph does not constitute soliciting material and should not be deemed filed or incorporated by reference into any of our other filings under the Securities Act or the Securities Exchange Act of 1934, except to the extent we specifically incorporate this information by reference therein. PERFORMANCE GRAPH The following graph compares the annual change in the cumulative total return on our common stock during the last five fiscal years with the annual change in the cumulative total return of the S&P MidCap 400 Index and the S&P Aerospace & Defense Select Industry Index. The graph assumes an investment of $100 on December 31, 2018 and the reinvestment of all dividends paid during the following five fiscal years. 26 Company / Index 2018 2019 2020 2021 2022 2023 Curtiss-Wright Corp 100 138.70 115.36 138.27 167.35 224.21 S&P MidCap 400 Index 100 126.20 143.44 178.95 155.58 181.15 S&P A&D Select Industry Index 100 139.79 148.81 152.86 145.61 180.68 Item 6. [Reserved]