---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-000295"
form_type: "8-K"
ticker: "WWD"
cik: "0000108312"
company_name: "Woodward, Inc."
filed_at: "2026-01-15T23:59:59+00:00"
generated_at: "2026-05-16T10:04:05.124882+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Woodward to wind down China on-highway natural gas truck business; expects $20-25M in pre-tax charges

## Summary
- Cumulative pre-tax charges estimated at $20-25M: $3-4M non-cash asset charges, $5-7M severance, $12-14M other exit costs.
- Majority of charges expected in Q2 and Q3 of fiscal 2026; cash outflows of $15-20M through Q3 FY2026.
- Wind-down includes closing a small manufacturing facility in China; limited staff reductions in sales, engineering, and support.
- China OH business did not significantly contribute to overall financial performance; prior divestiture efforts unsuccessful.
- Decision aligns Industrial segment with priority end-markets (Transportation, Power Gen, Oil & Gas); FY2025 record sales/earnings cited.

## SEC filing metadata
- accession: 0001171843-26-000295
- form_type: 8-K
- ticker: WWD
- cik: 0000108312
- company_name: Woodward, Inc.
- filed_at: 2026-01-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.05, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108312/000117184326000295/0001171843-26-000295-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108312/000117184326000295/f8k_011526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-000295
- JSON: https://secwatch.observer/filing/0001171843-26-000295.json
- Plain text: https://secwatch.observer/filing/0001171843-26-000295.txt

## Source-grounded claims
- claim_id: d5c02f4f7b8dd2cde23fe0784f0f3b20a6dbd81c
  claim: Woodward, Inc. announced a restructuring with charges of approximately $20 million to $25 million affecting Industrial segment - China on-highway natural gas truck manufacturing operations.
  evidence_excerpt: to incur material charges under generally accepted accounting principles. The Company currently estimates that it will recognize cumulative pre-tax charges of approximately $20 million to $25 million, including $3 million to $4 million of non-cash charges for facility and other asset-related charges, $5 million to $7 million in employee-related costs for
  evidence_url: https://www.sec.gov/Archives/edgar/data/108312/000117184326000295/0001171843-26-000295-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.