secwatch.observer — SEC 8-K summary
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Issuer:     Woodward, Inc. (WWD)
CIK:        0000108312
Form:       8-K
Filed at:   2022-04-21T23:59:59+00:00
Accession:  0001171843-22-002690
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Woodward CEO Tom Gendron retiring May 9; Chip Blankenship named CEO, Chairman
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- Thomas Gendron retires after 31 years at Woodward, 17 as CEO; effective May 9, 2022.
- Charles Blankenship appointed CEO, President, and Chairman effective May 9, 2022.
- Blankenship base salary $1.1M, short-term target $1.265M, LTI target $4.8M.
- Sign-on incentives: $1M cash, $3.4M RSUs (3-yr vest), $2.2M stock options (4-yr vest).
- Gendron stays as director/officer through July 11 to assist transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/108312/000117184322002690/0001171843-22-002690-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/108312/000117184322002690/f8k_042122.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-002690

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