Page 1

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 FORM 10 - K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30 , 2021 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 000-08408 WOODWARD , INC . ( Exact name of registrant as specified in its charter ) Delaware ( State or other jurisdiction of incorporation or organization ) 1081 Woodward Way , Fort Collins , Colorado ( Address of principal executive offices ) Title of each class Common Stock , par value $ 0.001455 per share ( 970 ) 482-5811 ( Registrant's telephone number , including area code ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) WWD 36-1984010 ( I.R.S. Employer Identification No. ) 80524 ( Zip Code ) Name of exchange on which registered NASDAQ Global Select Market Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes > No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15 ( d ) of the Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit and such files ) . Yes No Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company or an emerging growth company . See definitions of “ large accelerated filer , ” “ accelerated filer , ” “ smaller reporting company ” and “ emerging growth company " in Rule 12b - 2 of the Exchange Act . Large Accelerated Filer Accelerated Filer Non - accelerated Filer Smaller Reporting Company 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 . □ Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Exchange Act ) . Yes No > Aggregate market value of registrant's common stock held by non - affiliates of the registrant , based upon the closing price of a share of the registrant's common stock on March 31 , 2021 as reported on The NASDAQ Global Select Market on that date : $ 5,345,433,011 . For purposes of this calculation , shares of common stock held by ( i ) persons holding more than 5 % of the outstanding shares of stock , ( ii ) officers and directors of the registrant , and ( iii ) the Woodward Governor Company Profit Sharing Trust , Woodward Governor Company Deferred Shares Trust , or the Woodward Charitable Trust , as of March 31 , 2021 , are excluded in that such persons may be deemed to be affiliates . This determination is not necessarily conclusive of affiliate status . As of November 17 , 2021 , 63,069,870 shares of the registrant's common stock with a par value of $ 0.001455 per share were outstanding . DOCUMENTS INCORPORATED BY REFERENCE Portions of our proxy statement for the Annual Meeting of Stockholders to be held virtually on January 22 , 2022 , are incorporated by reference into Parts II and III of this Form 10 - K , to the extent indicated .