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Ownership Document |
Schema Version: X0508 |
Document Type: 4 |
Period of Report: 3/1/24 |
Issuer: |
| Issuer CIK: 108312 |
| Issuer Name: Woodward, Inc. |
| Issuer Trading Symbol: WWD |
Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1454930 |
| | Owner Name: Cromwell Thomas G |
| Reporting Owner Address: |
| | Owner Street 1: 1081 WOODWARD WAY |
| | Owner Street 2: |
| | Owner City: FORT COLLINS |
| | Owner State: CO |
| | Owner ZIP Code: 80524 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? No |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: EVP and COO |
Aff 10b5 One? No |
Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Woodward, Inc. Common Stock |
| | Transaction Date: |
| | | Value: 3/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 38,700 |
| | | Transaction Price Per Share: |
| Value: 97.13 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 50,533 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Woodward, Inc. Common Stock |
| | Transaction Date: |
| | | Value: 3/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 20,000 |
| | | Transaction Price Per Share: |
| Value: 141.50 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 30,533 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Woodward, Inc. Common Stock |
| | Transaction Date: |
| | | Value: 3/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: S |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 18,700 |
| | | Transaction Price Per Share: |
| Value: 142.50 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 11,833 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Woodward, Inc. Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 396 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: By Woodward Retirement Savings Plan |
| Footnote ID: F2 |
Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Non-Qualified Stock Option (Right to Buy) |
| | Conversion or Exercise Price: |
| | | Value: 97.13 |
| | Transaction Date: |
| | | Value: 3/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: M |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 38,700 |
| | | Transaction Price Per Share: |
| Value: 0.00 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Exercise Date: |
| | | Value: 2/20/20 |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Value: 2/20/29 |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Woodward, Inc. Common Stock |
| | | Underlying Security Shares: |
| Value: 38,700 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 0 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
Footnotes: |
| Footnote - F1: The reporting person executed a trade order through a broker-dealer which resulted in multiple same day, same way open market sales, with prices ranging from $142.50 to $142.53 per share. The reporting person has reported these sales on an aggregate basis using the weighted average price for the transactions. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Company or a security holder of the Company, full information regarding the number of shares sold at each separate price. |
| Footnote - F2: The information in this report regarding the number of shares held by the reporting person in the Woodward Retirement Savings Plan is based on a calculation as of March 1, 2024. |
| Footnote - F3: Options are fully vested and exercisable. |
Owner Signature: |
| Signature Name: Rebecca L. Dees, by Power of Attorney |
| Signature Date: 3/5/24 |