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Moody’s (MCO) CFO receives new stock options and RSU share grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Moody's Corporation SVP & Chief Financial Officer Noemie Clemence Heuland received new equity awards. On February 23, 2026, she acquired 7,885 employee stock options with an exercise right to buy Moody's shares and 2,366 shares of common stock as an exempt grant of restricted stock units.

According to the filing, one fourth of the options vest each year beginning on the grant date, creating a four-year vesting schedule. After these awards, her directly held common stock position increased to 4,514 shares, and she now directly holds 7,885 stock options under this grant.

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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*
Heuland Noemie Clemence

(Last) (First) (Middle)
7 WTC AT 250 GREENWICH STREET

(Street)
NY NY 10007

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MOODYS CORP /DE/ [ MCO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP & Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/23/2026 A 2,366(1) A $0 4,514 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
Employee Stock Option (right to buy) $433.7 02/23/2026 A 7,885 02/23/2027(2) 02/23/2036 Common Stock 7,885 $0 7,885 D
Explanation of Responses:
1. Exempt grant of restricted stock units.
2. One fourth of options vest each year beginning with the date indicated.
Remarks:
Elizabeth McCarroll by power of attorney for Noemie Heuland 02/24/2026
** 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.

FAQ

What equity awards did Moody's (MCO) CFO Noemie Clemence Heuland receive?

Moody’s CFO Noemie Clemence Heuland received two equity awards. She was granted 7,885 employee stock options and 2,366 shares of common stock as restricted stock units, all dated February 23, 2026, increasing both her option holdings and direct share ownership.

How many Moody's (MCO) stock options were granted to the CFO in this Form 4?

The Form 4 shows a grant of 7,885 employee stock options to the CFO. These options give her the right to buy Moody’s common stock and vest in equal annual installments over four years starting from the February 23, 2026 grant date.

What common stock grant did the Moody's (MCO) CFO report acquiring?

The CFO reported acquiring 2,366 shares of Moody’s common stock as an exempt grant of restricted stock units. These shares were awarded at no cost per share on February 23, 2026, increasing her directly held common stock position to 4,514 shares after the transaction.

How do the newly granted Moody's (MCO) stock options vest for the CFO?

The newly granted options vest in four equal parts. One fourth of the 7,885 options vests each year beginning on the February 23, 2026 grant date, creating a four-year vesting schedule that links continued service to full vesting of the award.

What is the total Moody's (MCO) common stock held by the CFO after this filing?

After the reported grant, the CFO directly holds 4,514 shares of Moody’s common stock. This figure reflects the addition of 2,366 shares received as restricted stock units on February 23, 2026, as disclosed in the non-derivative section of the Form 4.

Are the Moody's (MCO) equity awards to the CFO open-market purchases or compensation grants?

The reported transactions are compensation grants, not open-market purchases. The Form 4 describes them as exempt grants: 7,885 employee stock options and 2,366 restricted stock units, both with a reported price per share of zero on the grant date.
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