Moody's (MCO) president West awarded stock options and restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
West Michael L reported acquisition or exercise transactions in this Form 4 filing.
Moody's Corporation executive Michael L. West reported equity awards that increase his direct ownership. He received an exempt grant of 5,256 Employee Stock Options with a right to buy Moody's common stock, with one fourth of these options vesting each year beginning on the grant date.
West was also granted 1,578 shares of Moody's common stock as restricted stock units, bringing his directly held common stock to 9,787.099 shares after the transaction. Both awards were recorded at a price of $0.00 per share, reflecting their nature as compensation grants rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
West Michael L
Role
President, Moody's Investors
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 5,256 | $0.00 | -- |
| Grant/Award | Common Stock | 1,578 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 5,256 shares (Direct);
Common Stock — 9,787.099 shares (Direct)
Footnotes (1)
- Exempt grant of restricted stock units. One fourth of options vest each year beginning with the date indicated.
FAQ
What insider transactions did Moody's (MCO) executive Michael L. West report?
Michael L. West reported two equity grants: 5,256 employee stock options and 1,578 shares of common stock as restricted stock units. Both awards were granted as compensation, not bought in the open market, and increase his direct holdings.
How many Moody's (MCO) stock options were granted to Michael L. West?
Michael L. West was granted 5,256 Employee Stock Options with a right to buy Moody's common stock. According to the filing, one fourth of these options vest each year beginning on the indicated grant date, creating a four-year vesting schedule.
What common stock award did Michael L. West receive from Moody's (MCO)?
He received 1,578 shares of Moody's common stock in the form of restricted stock units. A footnote describes this as an exempt grant, meaning it is a compensation award rather than a market purchase, and it increased his directly held common stock to 9,787.099 shares.
What is Michael L. West’s role at Moody's (MCO) mentioned in the Form 4?
The Form 4 lists Michael L. West as an officer of Moody's, holding the title "President, Moody's Investors." This role is specified in the reporting person details and explains why his equity awards must be reported as insider transactions.
Are Michael L. West’s Moody's (MCO) awards open-market purchases or grants?
The awards are grants, not open-market purchases. The Form 4 uses transaction code "A" for both, with footnotes describing an exempt grant of restricted stock units and a scheduled vesting pattern for the options, indicating compensation-based equity awards.