Woodward EVP sells $711,000 in shares

Insider transaction represents 37% decrease in executive's position

Published on Mar. 6, 2026

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Woodward, Inc. (NASDAQ:WWD) Executive Vice President Shawn Mclevige sold 1,850 shares of the company's stock on March 3rd, 2026. The shares were sold at an average price of $384.37, for a total transaction value of $711,084.50. Following the sale, Mclevige still owns 3,095 shares of Woodward stock, valued at approximately $1.19 million.

Why it matters

Insider transactions, especially sales by executives, can provide insight into a company's performance and the sentiment of its leadership. This sale represents a significant 37.41% decrease in Mclevige's position, which may signal a belief that Woodward's stock is overvalued at current levels.

The details

Mclevige's sale was disclosed in a legal filing with the SEC. The transaction was part of Woodward's previously announced $1.8 billion stock repurchase program, which authorizes the company to buy back up to 11.6% of its outstanding shares.

  • The shares were sold on Tuesday, March 3rd, 2026.

The players

Shawn Mclevige

Executive Vice President of Woodward, Inc.

Woodward, Inc.

A global leader in the design, manufacture and service of control systems and components for the aerospace and industrial markets.

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The takeaway

This insider sale by a Woodward executive raises questions about the company's valuation and the sentiment of its leadership team. Investors will be closely watching to see if this is an isolated transaction or part of a broader trend of insider selling at the company.