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WWDWoodward, Inc. · Insider ownership research

Woodward, Inc. insiders sold $32.2M in the past 12 months. How much of their stake is that?

66% was sold under disclosed trading plans, 34% with no plan disclosed. The largest seller, Charles Blankenship (Chairman of the Board and CEO, Director), sold $10.5M. 95% of these sales were shares from exercising options.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
$11.0M
sold with no plan disclosed, past 12 months
66%
of sales were under disclosed trading plans, past 12 months
8 of 16
officers and directors sold shares, past 12 months
Is this normal? Less than usual: about half of the 5-year average. 8 insiders sold; the average is 6 a year. Year by year
Latest filing: Filed Oct 6 for a tax withholding on Oct 3. Charles Blankenship had 1.1K shares withheld by the company for taxes. Filing
SEC ownership filings: 46 filed in the 12 months to Oct 16, 2026; 1,284 on record since Nov 14, 2000 · See the evidence

What stands out

Four directors sold $11.0M with no disclosed plan: Daniel Korte ($5.2M), Gregg Sengstack ($2.1M) and Eileen Paterson ($2.0M), plus 1 more. The filings don't state a reason.Daniel Korte: largest such sale, Jun 4, 2026 · Gregg Sengstack: largest such sale, Dec 4, 2025 · Eileen Paterson: largest such sale, Feb 5, 2026

A share of stake is shown for 0 of the 8 officers and directors who sold. 16 are left out

i
Left out: Charles Blankenship, Randall Hobbs, Gregg Sengstack, John Cohn, David Hess, Thomas Cromwell, William Lacey, Terence Voskuil, Daniel Korte, Rajeev Bhalla, Karrie Bem, Shawn McLevige, Tana Utley, Eileen Paterson, Mary Petryszyn and Frederico Curado (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Charles Blankenship
Chairman of the Board and CEO, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$10.5MDisclosed plan
Thomas Cromwell
EVP and COO
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$8.9MDisclosed plan
Daniel Korte
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$5.2MNo plan disclosed
Gregg Sengstack
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$2.1MNo plan disclosed
Eileen Paterson
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$2.0MNo plan disclosed
All 8 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $1.5M under a disclosed planNov 2025: $889K no plan disclosedNovDec 2025: $7.4M under a disclosed planDec 2025: $2.1M no plan disclosedDecJanFeb 2026: $2.8M no plan disclosedFebMar 2026: $11.2M under a disclosed plan$11.2MMarAprMay 2026: $336K under a disclosed planMayJun 2026: $5.2M no plan disclosedJunJul 2026: $767K under a disclosed planJulAugSepOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026
Oct 3, 20263 executives had 1.5K shares ($509K) withheld by the company for taxes (not a market sale).
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Charles Blankenship
Chairman of the Board and CEO, Director
1,112$331.62n/an/aOct 3, 2026Oct 6, 2026
Thomas Cromwell
EVP and COO
382$331.62n/an/aOct 3, 2026Oct 6, 2026
Shawn McLevige
EVP and President, Aerospace
42$331.62n/an/aOct 3, 2026Oct 6, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Common questions

Is the Woodward, Inc. CEO selling stock?

Yes. Charles Blankenship sold 28K shares ($10.5M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Woodward, Inc. insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 66% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 34% had no disclosed plan. A trading plan schedules sales in advance.

Are any Woodward, Inc. insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold8 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Charles Blankenship
Chairman of the Board and CEO, Director
$10.5M
28K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Thomas Cromwell
EVP and COO
$8.9M
30K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Daniel Korte
Director
$5.2M
15K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Gregg Sengstack
Director
$2.1M
7K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Eileen Paterson
Director
$2.0M
5.2K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
John Cohn
Director
$1.7M
5.3K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Shawn McLevige
EVP and President, Aerospace
$1.5M
4K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Karrie Bem
EVP, Gen Counsel & Corp Sec
$336K
929 shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
The full ownership picture0 of 16 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Charles Blankenship
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Charles Blankenship are complete.
Chairman of the Board and CEO, Director
n/a−28Kn/an/a
Vesting, gifts, unvested awards and holding lines for Charles Blankenship

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Charles Blankenship are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−7Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
12,625$98.34May 9, 2032$3.3M
56,466$83.24Oct 3, 2032$15.4M

Estimate: options held × ($356.82 − strike price), using the most recent insider trade price on Form 4 (Jul 31, 2026), not a market close.

Randall Hobbs
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Randall Hobbs are complete.
EVP and President, Industrial
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Randall Hobbs

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Randall Hobbs are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−12Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,294$391.53Feb 10, 2036$0

Estimate: options held × ($356.82 − strike price), using the most recent insider trade price on Form 4 (Jul 31, 2026), not a market close.

Gregg Sengstack
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Gregg Sengstack are complete.
Director
n/a−7Kn/an/a
Vesting, gifts, unvested awards and holding lines for Gregg Sengstack

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Gregg Sengstack are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
2,293$131.66Nov 27, 2033$516K
1,879$169.34Oct 1, 2034$352K

Estimate: options held × ($356.82 − strike price), using the most recent insider trade price on Form 4 (Jul 31, 2026), not a market close.

John Cohn
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for John Cohn are complete.
Director
n/a−5.3Kn/an/a
Vesting, gifts, unvested awards and holding lines for John Cohn

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for John Cohn are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,500$46.55Oct 1, 2024$465K
1,146$131.66Nov 27, 2033$258K
939$169.34Oct 1, 2034$176K

Estimate: options held × ($356.82 − strike price), using the most recent insider trade price on Form 4 (Jul 31, 2026), not a market close.

David Hess
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for David Hess are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for David Hess

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for David Hess are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Thomas Cromwell
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thomas Cromwell are complete.
EVP and COO
n/a−30Kn/an/a
Vesting, gifts, unvested awards and holding lines for Thomas Cromwell

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas Cromwell are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−2Kwithheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
3,300$81.03Oct 1, 2030$910K
9,700$117.64Oct 1, 2031$2.3M
13,386$83.24Oct 3, 2032$3.7M

Estimate: options held × ($356.82 − strike price), using the most recent insider trade price on Form 4 (Jul 31, 2026), not a market close.

William Lacey
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for William Lacey are complete.
EVP and CFO
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for William Lacey

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for William Lacey are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−3.5Kwithheld by the company for taxes
Terence Voskuil
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Terence Voskuil are complete.
EVP and President, Aerospace
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Terence Voskuil

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Terence Voskuil are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
4,388$137.76Feb 12, 2034$961K

Estimate: options held × ($356.82 − strike price), using the most recent insider trade price on Form 4 (Jul 31, 2026), not a market close.

Daniel Korte
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Daniel Korte are complete.
Director
n/a−15Kn/an/a
Vesting, gifts, unvested awards and holding lines for Daniel Korte

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Daniel Korte are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Rajeev Bhalla
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Rajeev Bhalla are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Rajeev Bhalla

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Rajeev Bhalla are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Karrie Bem
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Karrie Bem are complete.
EVP, Gen Counsel & Corp Sec
n/a−929n/an/a
Vesting, gifts, unvested awards and holding lines for Karrie Bem

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Karrie Bem are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−398withheld by the company for taxes
Shawn McLevige
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. See the filing Sales and other transactions for Shawn McLevige are complete.
EVP and President, Aerospace
n/a−4Kn/an/a
Vesting, gifts, unvested awards and holding lines for Shawn McLevige

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Shawn McLevige are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−195withheld by the company for taxes

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
2,150$81.03Oct 1, 2030$593K
2,600$117.64Oct 1, 2031$622K
2,570$83.24Oct 3, 2032$703K
1,256$137.76Feb 12, 2034$275K

Estimate: options held × ($356.82 − strike price), using the most recent insider trade price on Form 4 (Jul 31, 2026), not a market close.

Tana Utley
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Tana Utley are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Tana Utley

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Tana Utley are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Eileen Paterson
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Eileen Paterson are complete.
Director
n/a−5.2Kn/an/a
Vesting, gifts, unvested awards and holding lines for Eileen Paterson

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Eileen Paterson are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Mary Petryszyn
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mary Petryszyn are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Mary Petryszyn

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mary Petryszyn are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Frederico Curado
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Frederico Curado are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Frederico Curado

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Frederico Curado are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Woodward, Inc. are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$32.2M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $32.2M across 94,704 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($11.0M), including tax-related sales outside a plan.

No plan disclosed · $11.0M

Sales with no 10b5-1 plan and no tax reference in the filing. $5.2M of it is Daniel Korte. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Eileen Paterson, Feb 5, 2026

Taxes

24,630 shares ($8.4M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Charles Blankenship
Chairman of the Board and CEO, Director
28K$10.5M100%33%Mar 3, 2026 to Mar 10, 2026
Thomas Cromwell
EVP and COO
30K$8.9M100%28%Nov 28, 2025 to Dec 15, 2025
Daniel Korte
Director
15K$5.2M0%16%Jun 4, 2026 to Jun 4, 2026
Gregg Sengstack
Director
7K$2.1M0%7%Dec 4, 2025 to Dec 4, 2025
Eileen Paterson
Director
5.2K$2.0M0%6%Feb 5, 2026 to Feb 5, 2026
John Cohn
Director
5.3K$1.7M0%5%Nov 26, 2025 to Feb 4, 2026
Shawn McLevige
EVP and President, Aerospace
4K$1.5M100%5%Mar 3, 2026 to Jul 31, 2026
Karrie Bem
EVP, Gen Counsel & Corp Sec
929$336K100%1%May 14, 2026 to May 20, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$2.4M$1.5M$0$889K
Dec 2025$9.5M$7.4M$0$2.1M
Jan 2026$0$0$0$0
Feb 2026$2.8M$0$0$2.8M
Mar 2026$11.2M$11.2M$0$0
Apr 2026$0$0$0$0
May 2026$336K$336K$0$0
Jun 2026$5.2M$0$0$5.2M
Jul 2026$767K$767K$0$0
Aug 2026$0$0$0$0
Sep 2026$0$0$0$0
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about half of the 5-year average. 8 insiders sold; the average is 6 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
95K8$32.2M
Oct 16, 2025
1 year earlier
221K7$44.2M
Oct 16, 2024
2 years earlier
68K5$10.0M
Oct 17, 2023
3 years earlier
21K4$2.6M
Oct 17, 2022
4 years earlier
102K5$12.2M
Oct 17, 2021
5 years earlier
412K10$48.5M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty16 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Woodward, Inc. are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,284 filings on record, 46 filed in the 12-month period, and how we read them

All 1,284 Forms 3, 4 and 5 on record for Woodward, Inc. (SEC CIK 108312), filed from Nov 14, 2000 to Oct 6, 2026; 46 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages. 85 older filings exist only on paper and could not be read.

Probable 3-for-1 stock split on or before Apr 28, 2006 (first filing that shows post-split balances). Splits aren't reported as transactions; 3 holding lines changed by exactly this ratio, so earlier share counts are restated.

Probable 2-for-1 stock split on or before Feb 14, 2008 (split date stated in a footnote). Splits aren't reported as transactions; 5 holding lines changed by exactly this ratio, so earlier share counts are restated.

Probable 6-for-1 stock split on or before Aug 22, 2008 (first filing that shows post-split balances). Splits aren't reported as transactions; 2 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (26)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Christopher FawzyMar 1, 202414,117 shares, last reported balance as of Feb 28, 2024
Ronald SegaNov 29, 202313,689 shares, last reported balance as of Sep 5, 2023
Mary PetrovichOct 5, 2022226,066 shares, last reported balance as of Aug 12, 2022
Paul DonovanOct 5, 202285,815 shares, last reported balance as of Sep 1, 2022
Sagar PatelOct 5, 20225,148 shares, last reported balance as of Oct 3, 2022
Roger RossOct 5, 20226,316 shares, last reported balance as of Oct 3, 2022
Mark HartmanOct 5, 20227,600 shares, last reported balance as of Oct 3, 2022
Thomas GendronJun 3, 20221,232,024 shares, last reported balance as of Jun 2, 2022
Thomas GendronJun 3, 202274,000 shares, last reported balance as of Jun 2, 2022
Robert Weber Jr.Feb 12, 202130,523 shares, last reported balance as of Feb 11, 2021
James RulsehOct 5, 2020169,584 shares, last reported balance as of Feb 21, 2019
Chad PreissOct 5, 202051,147 shares, last reported balance as of Sep 3, 2020
Jonathan ThayerOct 3, 2019No balance on record
Matthew TaylorFeb 13, 20198,275 shares, last reported balance as of Feb 12, 2019
John HalbrookApr 26, 20186,414,425 shares, last reported balance as of Dec 30, 2017
Martin GlassOct 4, 2017585,362 shares, last reported balance as of Mar 1, 2017
Larry RittenbergJan 27, 201796,189 shares, last reported balance as of Nov 18, 2016
James RudolphApr 29, 201668,712 shares, last reported balance as of Apr 28, 2016
Michael YonkerOct 3, 2013289,728 shares, last reported balance as of Nov 30, 2011
Michael JoyceOct 3, 201283,416 shares, last reported balance as of Feb 2, 2012
Gerhard LaufferOct 5, 201122,750 shares, last reported balance as of Mar 5, 2009
Dennis BenningSep 2, 201182,357 shares, last reported balance as of Feb 26, 2010
Carol ManningMay 16, 2007321,024 shares, last reported balance as of May 14, 2007
Stephen CarterMar 2, 2005431,568 shares, last reported balance as of Feb 28, 2005
Gerald EnglishAug 11, 200418,000 shares, last reported balance as of Aug 10, 2004
Neal OApr 14, 2004163,908 shares, last reported balance as of Jan 28, 2004

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.