Moody's (MCO) director adds 15.89 RSU dividend shares in compensation-related Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moody's Corporation director Therese Esperdy reported a small equity award tied to existing restricted stock units (RSUs). On this Form 4, she acquired 15.89 shares of Moody's common stock at no cost through RSU deferred dividend reinvestment and dividend equivalents on previously granted, unvested RSUs. These additional shares will vest and settle together with the underlying RSU award. Following this routine compensation-related accrual, she directly holds a reported 5,216.552 shares of Moody's common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Esperdy Therese
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15.89 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 5,216.552 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Therese Esperdy report for Moody's (MCO)?
Director Therese Esperdy reported acquiring 15.89 Moody's common shares at no cost. The shares reflect RSU deferred dividend reinvestment and dividend equivalents on an exempt grant of unvested RSUs, and will vest and settle together with the underlying RSU award.
Was Therese Esperdy’s Form 4 transaction in Moody's (MCO) an open-market trade?
No, the Form 4 does not show an open-market trade. The 15.89 shares were acquired at a price of $0.00 as RSU deferred dividend reinvestment and dividend equivalents on unvested RSUs, rather than through buying or selling shares in the market.
What does RSU deferred dividend reinvestment mean in the Moody's (MCO) filing?
RSU deferred dividend reinvestment means cash dividends tied to unvested RSUs are converted into additional share units. In this case, it created 15.89 extra Moody's shares as dividend equivalents that will vest and settle at the same time as the underlying unvested RSU grant.
Does the Moody's (MCO) Form 4 indicate any derivative securities for Therese Esperdy?
The data provided shows no derivative transactions or remaining derivative positions for this filing. The reported activity concerns only common stock, specifically 15.89 shares stemming from RSU deferred dividend reinvestment and dividend equivalents tied to unvested RSUs.