Charlotte-based Curtiss-Wright Executives Cash In On Performance Stock

Multiple executives of Charlotte-based commercial aerospace company Curtiss-Wright Corp. have profited from stock they received from a performance pay plan, according to several filing with the Securities and Exchange Commission on Monday.

Six executives of Curtiss Wright filed a Form 4, which companies are required to document insider buying and selling, displaying the transactions.

CEO David C. Adams received nearly 29,000 shares, worth more than $3.5 million, though he sold 13,000 shares to pay for taxes, resulted in a profit of $1.57 million. Adams now owns 75,206 shares of the company worth $9 million.

CFO Glenn E. Tynan filled a similar form, receiving 11,384 shares, worth $1.4 million, before selling 5,189 shares to pay for the taxes, resulting in a profit of $625,000

Four vice presidents of Curtiss Wright — K. Christopher Farkas, Harry Jakubowitz, Tom P. Quinlyand Paul J. Ferdenzi — also made similar transactions, though smaller.

Curtiss Wright, which trades on the New York Stock Exchange under the ticker CW, saw its stock rise by $1.65, or 1.4 percent, to close at $119.94 on Monday.