secwatch.observer — SEC 8-K summary
======================================

Issuer:     CURTISS WRIGHT CORP (CW)
CIK:        0000026324
Form:       8-K
Filed at:   2022-03-02T23:59:59+00:00
Accession:  0000026324-22-000007
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Curtiss-Wright files preliminary proxy; discloses Saddle Point nominations for board seats
--------------------------------------------------------------------------------

- Saddle Point Management (0.298% stake) nominated four directors; company urges withdrawal and constructive dialogue.
- Board nominates 10 directors; 5 joined in last 5 yrs. TSR 32% since Jan 2021 vs proxy peers 6% and S&P 400 13%.
- 2021 record operating margin 17%, strong FCF; $350M share repurchases in 2021, $1B since 2016, at least $50M planned in 2022.
- Company expects increasing defense mix; six of last seven acquisitions defense-related; divesting non-defense businesses.
- Annual meeting date not announced; company advises deferring voting decisions until definitive proxy materials.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26324/000002632422000007/0000026324-22-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26324/000002632422000007/cw-20220302.htm
  HTML page:      https://secwatch.observer/filing/0000026324-22-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer