STOCK TITAN

Moody's (NYSE: MCO) CEO nets 1,467-share sale via 10b5-1 plan

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Moody's Corporation President and CEO Robert Fauber reported a combination of stock option exercises and share sales in Moody's common stock. He exercised options for 1,167 shares at strike prices of $167.50 and $113.34 per share, then sold 1,467 shares in open-market transactions at $466.39 per share. After these trades, he directly holds 75,188.918 shares of Moody's common stock. The filing states that both the sale of shares and the exercise-and-sale sequence were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by Mr. Fauber on July 30, 2025, indicating these moves were scheduled in advance.

Positive

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Insider Fauber Robert
Role President and CEO
Sold 1,467 shs ($684K)
Type Security Shares Price Value
Exercise Employee Stock Option (right to buy) 592 $0.00 --
Exercise Employee Stock Option (right to buy) 575 $0.00 --
Sale Common Stock 300 $466.39 $140K
Exercise Common Stock 592 $113.34 $67K
Exercise Common Stock 575 $167.50 $96K
Sale Common Stock 1,167 $466.39 $544K
Holdings After Transaction: Employee Stock Option (right to buy) — 2,419 shares (Direct, null); Common Stock — 75,188.918 shares (Direct, null)
Footnotes (1)
  1. Sale of shares pursuant to a Rule 10b5-1 plan adopted by Mr. Fauber on July 30, 2025. Exercise and sale of shares pursuant to a Rule 10b5-1 plan adopted by Mr. Fauber on July 30, 2025. One fourth of options vest each year beginning with the date indicated.
Shares sold 1,467 shares Open-market sales of Moody's common stock at $466.39 per share
Sale price $466.39/share Price for 1,467 Moody's shares sold in open market
Options exercised 1,167 shares Common shares acquired via option exercises (575 + 592)
Option strike price 1 $167.50/share Exercise price for 575-share Employee Stock Option grant
Option strike price 2 $113.34/share Exercise price for 592-share Employee Stock Option grant
Post-transaction holdings 75,188.918 shares Moody's common stock directly held after reported transactions
10b5-1 plan adoption date July 30, 2025 Date Mr. Fauber adopted Rule 10b5-1 plan governing these trades
Options remaining (first grant) 2,872 options Employee Stock Options (right to buy) after 575-share exercise
Rule 10b5-1 plan regulatory
"Sale of shares pursuant to a Rule 10b5-1 plan adopted by Mr. Fauber on July 30, 2025."
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy) with underlying security title Common Stock."
open-market sale financial
"transaction_action is described as open-market sale for the common stock transactions."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description notes Exercise or conversion of derivative security."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vest financial
"One fourth of options vest each year beginning with the date indicated."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
SEC Form 4
FORM 4UNITED 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).
X
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*
Fauber Robert

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock05/01/2026S(1)300D$466.3975,188.918D
Common Stock05/01/2026M(2)592A$113.3475,780.918D
Common Stock05/01/2026M(2)575A$167.576,355.918D
Common Stock05/01/2026S(2)1,167D$466.3975,188.918D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Employee Stock Option (right to buy)$113.3405/01/2026M(2)59202/23/2018(3)02/23/2027Common Stock592$02,419D
Employee Stock Option (right to buy)$167.505/01/2026M(2)57502/16/2019(3)02/16/2028Common Stock575$02,872D
Explanation of Responses:
1. Sale of shares pursuant to a Rule 10b5-1 plan adopted by Mr. Fauber on July 30, 2025.
2. Exercise and sale of shares pursuant to a Rule 10b5-1 plan adopted by Mr. Fauber on July 30, 2025.
3. One fourth of options vest each year beginning with the date indicated.
Remarks:
Elizabeth McCarroll, by power of attorney for Robert Fauber05/04/2026
** Signature of Reporting PersonDate
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)

FAQ

What insider transactions did Moody's (MCO) CEO Robert Fauber report?

Robert Fauber reported exercising options for 1,167 Moody's shares and selling 1,467 shares at $466.39 each. These trades reflect routine equity compensation activity combined with partial share sales, rather than a pure open-market purchase or sale.

At what prices did Moody's (MCO) CEO exercise options and sell shares?

He exercised stock options at strike prices of $167.50 and $113.34 per share, then sold 1,467 shares at an average price of $466.39. This shows a large spread between historical option grant prices and the current sale price.

How many Moody's (MCO) shares does CEO Robert Fauber hold after these transactions?

Following the reported option exercises and share sales, Robert Fauber directly holds 75,188.918 shares of Moody's common stock. This remaining stake provides context that the 1,467 shares sold represent only a small portion of his total holdings.

Were Moody's (MCO) CEO Robert Fauber’s share sales under a Rule 10b5-1 plan?

Yes. The filing states the share sale and the exercise-and-sale transactions occurred under a Rule 10b5-1 trading plan adopted on July 30, 2025. Such plans pre-schedule trades, reducing the significance of trade timing as an informational signal.

What type of securities did Moody's (MCO) CEO Robert Fauber exercise?

He exercised Employee Stock Options covering 575 and 592 underlying Moody's common shares. These options had exercise prices of $167.50 and $113.34 and were described as vesting in four annual installments starting on the dates indicated.