Moody's director awarded stock, phantom units

Moody’s director Jose Minaya reported small, routine equity-based compensation accruals in common stock and cash-settled phantom units.

Rhea-AI Filing Summary

MOODYS CORP (symbol: MCO) is the issuer of record for a Form 4 filing submitted to the SEC. Minaya Jose reported acquisition or exercise transactions in this Form 4 filing.

MOODYS CORP (MCO) director Jose Minaya reported compensation-related equity accruals on September 4, 2026. He received an award of 6.081 shares of common stock as an RSU deferred dividend reinvestment accrual, bringing his directly held common stock to 2,914.552 shares. He also accrued 3.454 Phantom Stock Units from deferring retainer fees, increasing his Phantom Stock Unit balance to 1,228.160 units; these units track common stock one-for-one but are to be settled in cash after retirement. No Rule 10b5-1 trading plan is reported.

Insider Trade Summary

Grant/Award: 9.535 shares

Grant/Award 2 txns

Insider Minaya Jose

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock Units (Deferred Compensation) F2, F3, F4	3.454	$493.55	$2K
Grant/Award	Common Stock F1	6.081	$0.00	$0.00

Holdings After Transaction: Phantom Stock Units (Deferred Compensation) — 1,228.16 contracts (Direct); Common Stock — 2,914.552 shares (Direct)

Footnotes (4)

1. F1. RSU deferred dividend reinvestment accrual.
2. F2. Phantom Stock Units arising out of the Reporting Person's election to defer receipt of retainer fees.
3. F3. The security converts to common stock on a one-for-one basis.
4. F4. These units are to be settled in cash after the Reporting Person's retirement.

Key Figures

Phantom Stock Units granted: 3.454 units Phantom Stock Units value reference: $493.55 per unit Phantom Stock Units balance: 1,228.160 units +3 more

6 metrics

Phantom Stock Units granted 3.454 units Grant of Phantom Stock Units from deferred retainer fees on September 4, 2026

Phantom Stock Units value reference $493.55 per unit Reference price for the 3.454 Phantom Stock Units granted on September 4, 2026

Phantom Stock Units balance 1,228.160 units Total Phantom Stock Units following the September 4, 2026 grant

Common stock granted 6.081 shares RSU deferred dividend reinvestment accrual on September 4, 2026

Common stock holdings 2,914.552 shares Directly held Moody’s common stock following the RSU dividend accrual

Common stock award price $0.00 per share RSU deferred dividend reinvestment accrual credited without cash payment

Key Terms

Phantom Stock Units, Deferred Compensation, RSU deferred dividend reinvestment accrual, one-for-one basis, +1 more

5 terms

Phantom Stock Units financial

"Phantom Stock Units arising out of the Reporting Person's election to defer"

Phantom stock units are company promises that pay a cash or stock-equivalent award tied to the firm’s share price or value growth, but they do not issue actual shares. Think of them as a bonus check that moves with the stock like a mirror rather than handing over an ownership slice. Investors care because these awards can affect a company’s future cash obligations, executive incentives and reported expenses without causing share dilution.

Deferred Compensation financial

"Phantom Stock Units (Deferred Compensation)"

Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.

RSU deferred dividend reinvestment accrual financial

"RSU deferred dividend reinvestment accrual."

one-for-one basis financial

"The security converts to common stock on a one-for-one basis."

settled in cash financial

"These units are to be settled in cash after the Reporting Person's retirement."

FAQ

What equity awards did Moody’s (MCO) director Jose Minaya report on this Form 4?

He reported 6.081 shares of common stock credited as an RSU deferred dividend reinvestment accrual and 3.454 Phantom Stock Units from deferring retainer fees, both dated September 4, 2026.

How many Moody’s (MCO) common shares does Jose Minaya hold after these transactions?

After the September 4, 2026 award, Jose Minaya directly holds 2,914.552 shares of Moody’s common stock as reported in the Form 4.

What are the Phantom Stock Units reported by Moody’s (MCO) director Jose Minaya?

They are Phantom Stock Units arising from deferral of retainer fees, tracking Moody’s common stock on a one-for-one basis but settled in cash after his retirement, not in actual shares.

What price is associated with Jose Minaya’s Phantom Stock Units at Moody’s (MCO)?

The September 4, 2026 grant reflects a reference value of $493.55 per Phantom Stock Unit for 3.454 units, according to the Form 4 transaction data.

Were Jose Minaya’s Moody’s (MCO) equity transactions under a Rule 10b5-1 plan?

No. The Form 4 indicates that the Rule 10b5-1 plan checkbox is not checked, and there is no footnote stating that these transactions were made under a trading plan.

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Available on EDGAR 09/08/2026 - 04:03 PM Accepted by SEC EDGAR 09/08/2026 - 04:02 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Minaya Jose

(Last) (First) (Middle)

7 WORLD TRADE CENTER,

250 GREENWICH STREET

(Street)

NEW YORK NEW YORK 10007

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MOODYS CORP /DE/ [ MCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/04/2026		A		6.081(1)	A	$0	2,914.552	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock Units (Deferred Compensation)(2)	(3)	09/04/2026		A		3.454		(4)	(4)	Common Stock	3.454	$493.55	1,228.16	D

Explanation of Responses:

1. RSU deferred dividend reinvestment accrual.

2. Phantom Stock Units arising out of the Reporting Person's election to defer receipt of retainer fees.

3. The security converts to common stock on a one-for-one basis.

4. These units are to be settled in cash after the Reporting Person's retirement.

Remarks:

	Elizabeth McCarroll by power of attorney for Jose Minaya	09/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)