# EDGAR Filing Document

**Accession Number:** 0000108312
**File Stem:** 0001171843-25-007452
**Filing Date:** 2025-11
**Character Count:** 10385
**Document Hash:** 8848087711c62b2e045f0ceb8b2d94a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001171843-25-007452.hdr.sgml**: 20251120

**ACCESSION NUMBER**: 0001171843-25-007452

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 14

**CONFORMED PERIOD OF REPORT**: 20251120

**ITEM INFORMATION**: Other Events

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20251120

**DATE AS OF CHANGE**: 20251120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Woodward, Inc.
- **CENTRAL INDEX KEY:** 0000108312
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRICAL INDUSTRIAL APPARATUS [3620]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 361984010
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39265
- **FILM NUMBER:** 251501033

**BUSINESS ADDRESS:**
- **STREET 1:** 1081 WOODWARD WAY
- **CITY:** FORT COLLINS
- **STATE:** CO
- **ZIP:** 80524
- **BUSINESS PHONE:** 970-482-5811

**MAIL ADDRESS:**
- **STREET 1:** 1081 WOODWARD WAY
- **CITY:** FORT COLLINS
- **STATE:** CO
- **ZIP:** 80524

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WOODWARD GOVERNOR CO
- **DATE OF NAME CHANGE:** 19920703

?xml version='1.0' encoding='ASCII'? Form 8-K

### UNITED STATES

### SECURITIES AND EXCHANGE COMMISSION

### Washington, D.C. 20549
_________________

### FORM 8-K
_________________

#### CURRENT REPORT

#### Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

#### Date of Report (Date of earliest event reported): November 20, 2025
_______________________________

#### Woodward, Inc.
(Exact name of registrant as specified in its charter)

_______________________________

---

| | | |
|:---|:---|:---|
| **Delaware** | **000-8408** | **36-1984010** |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |

---

#### 1081 Woodward Way

#### Fort Collins, Colorado 80524
(Address of Principal Executive Offices) (Zip Code)

(970) 482-5811

(Registrant's telephone number, including area code)

#### Not Applicable
(Former name or former address, if changed since last report)

_______________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock, par value $0.001455 | WWD | Nasdaq Global Select Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 8.01. Other Events.**

On November 20, 2025, Woodward, Inc. (the "Company") announced that its Board of Directors has approved a new $1.8 billion, three-year share repurchase authorization. The Company completed its prior $600 million authorization in November 2025. The shares may be repurchased from time to time using various methods, subject to market conditions and the Company's discretion. The new authorization does not obligate the Company to acquire a specific dollar amount or number of shares and may be modified, suspended or discontinued at any time.

A copy of the press release announcing the new share repurchase authorization is being filed as Exhibit 99.1 to this Current Report on Form 8-K.

**Item 9.01. Financial Statements and Exhibits.**

**(d) Exhibits**

[99.1](exh_991.htm) [Press Release of Woodward, Inc. dated November 20, 2025](exh_991.htm) <br> 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

#### SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **Woodward, Inc.** | **Woodward, Inc.** |
| Dated: November 20, 2025 | By: | <u>/s/ William F. Lacey&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> |
|  |  | William F. Lacey |
|  |  | Executive Vice President and Chief Financial Officer |

---

## Exhibit 99.1

**EXHIBIT 99.1**

**Woodward Announces Substantial Increase in Share Repurchase Authorization**

FORT COLLINS, Colo., Nov. 20, 2025 (GLOBE NEWSWIRE) -- Woodward, Inc. (NASDAQ:WWD) today announced that its Board of Directors has approved a new $1.8 billion, three-year share repurchase authorization, marking a decisive and strategic use of its strong balance sheet to drive shareholder value. Woodward completed its prior $600 million authorization in November 2025, more than a year ahead of plan, reflecting the Company's ongoing commitment to purposeful and disciplined capital deployment.

"This new authorization reflects the Board's confidence in Woodward's long-term growth trajectory, robust cash generation, and our commitment to delivering compelling shareholder returns," said Chip Blankenship, Chairman and Chief Executive Officer. "We continue to see substantial growth opportunities across our end markets, driven by strong demand, technology leadership, and our disciplined execution."

Over the past 10 years, Woodward has returned approximately $2.0 billion to shareholders through a combination of dividends and share repurchases. This represents approximately 78% of net earnings over that period.

"We have a strong balance sheet, and we intend to use it," said Bill Lacey, Chief Financial Officer. "Our capital allocation priorities are first to reinvest in our business, second to selectively pursue strategic M&A, and third to return cash to shareholders through dividends and share repurchases."

The shares may be repurchased from time to time using various methods, subject to market conditions and the Company's discretion. The new authorization does not obligate the Company to acquire a specific dollar amount or number of shares and may be modified, suspended or discontinued at any time.

**About Woodward, Inc.**

Woodward is the global leader in the design, manufacture, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Our purpose is to design and deliver energy control solutions our partners count on to power a clean future. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world's harshest environments. Woodward is a global company headquartered in Fort Collins, Colorado, USA. Visit our website at www.woodward.com

**Cautionary Statement** 

Information in this press release contains forward-looking statements regarding future events and our future results within the meaning of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties, including, but not limited to, anticipated trends and opportunities in our business and markets, our capital allocation plans and priorities and the extent to which we are able or choose to execute such plans and priorities, and the amount and timing of any potential repurchases of shares under the Company's newly authorized stock repurchase program. Factors that could cause actual results and the timing of certain events to differ materially from the forward-looking statements include, but are not limited to: (1) global economic uncertainty and instability, including in the financial markets that affect Woodward, its customers, and its supply chain; (2) risks related to constraints and disruptions in the global supply chain and labor markets; (3) Woodward's long sales cycle; (4) risks related to Woodward's concentration of revenue among a relatively small number of customers; (5) Woodward's ability to implement and realize the intended effects of any restructuring efforts; (6) Woodward's ability to successfully manage competitive factors including expenses and fluctuations in sales; (7) changes and consolidations in the aerospace market; (8) Woodward's financial obligations including debt obligations and tax expenses and exposures; (9) risks related to Woodward's U.S. government contracting activities including potential changes in government spending patterns; (10) volatility with respect to the China on-highway natural gas truck market; (11) Woodward's ability to protect its intellectual property rights and avoid infringing the intellectual property rights of others; (12) changes in the estimates of fair value of reporting units or of long-lived assets; (13) environmental risks; (14) Woodward's continued access to a stable workforce and favorable labor relations with its employees; (15) Woodward's ability to manage various regulatory and legal matters; (16) risks from operating internationally; (17) cybersecurity and other technological risks; and other risk factors and risks described in Woodward's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended September 30, 2024, any subsequently filed Quarterly Report on Form 10-Q, as well as its Annual Report on Form 10-K for the year ended September 30, 2025, which we expect to file in the near future, and other risks described in Woodward's filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release are made as of the date hereof and Woodward assumes no obligation to update such statements, except as required by applicable law.

Contact: Dan Provaznik Director, Investor Relations970-498-3849Dan.Provaznik@woodward.com