Moog (MOG) CEO exercises 5,000 SARs, 4,591 shares withheld for taxes
Rhea-AI Filing Summary
MOOG INC. Chief Executive Officer Patrick J. Roche reported compensation-related equity activity involving stock appreciation rights and restricted stock units. On May 27, 2026, he exercised 5,000 SARs at an exercise price of $71.648 per right, resulting in the issuance of 409 shares of Class B common stock at a fair market value of $345.26 per share, with 4,591 shares withheld to satisfy tax obligations.
Following these transactions, Roche directly holds 32,703 shares of Class B common stock and 18,661 shares of Class A common stock, plus indirect holdings equivalent to 487 Class B shares through the Moog Inc. Retirement Savings Plan. He also retains RSUs and SARs linked to additional Class B shares that vest or remain exercisable through dates extending to 2031.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 409 shares
Net Buy
11 txns
Insider
ROCHE PATRICK J
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | SAR | 5,000 | $0.00 | $0.00 |
| Exercise | Class B Common | 5,000 | $71.648 | $358K |
| Exercise Price or Tax Liability | Class B Common | 4,591 | $345.26 | $1.59M |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | RSU | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
Holdings After Transaction:
SAR — 33,172 shares (Direct);
Class B Common — 28,112 shares (Direct);
RSU — 7,658 shares (Direct);
Class A Common — 18,661 shares (Direct);
Class B Common — 487 shares (Indirect, 401 (k))
Footnotes (6)
- F1. This represents the difference between the number of SARs exercised (5,000) and the number of shares issued as a result of the exercise (409). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($345.26) and the exercise price ($71.648). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- F2. Reflects equivalent shares held in Moog Inc. Retirement Savings Plan as of the most recent report to participants.
- F3. Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan.
- F4. SARs become exercisable ratably over three years beginning on the first anniversary from the date of grant.
- F5. Restricted Stock Units (RSU) granted under the Moog Inc. 2025 Long Term Incentive Plan. 33.33% of the total RSUs granted will each vest on November 15, 2026; November 15, 2027; and November 15, 2028.
- F6. Each restricted stock unit (RSU) represents a contingent right to receive one share of Moog Inc.'s Class B common stock.
Key Figures
SARs exercised: 5,000 SARs
Exercise price: $71.648 per SAR
Fair market value: $345.26 per share
+5 more
8 metrics
SARs exercised
5,000 SARs
Exercised on May 27, 2026
Exercise price
$71.648 per SAR
Exercise or conversion price
Fair market value
$345.26 per share
FMV on SAR exercise date
Shares withheld for taxes
4,591 shares
Tax-withholding disposition, code F
Shares issued from exercise
409 shares
Shares of Class B issued from 5,000 SARs
Class B shares held
32,703 shares
Direct Class B holdings after transactions
Class A shares held
18,661 shares
Direct Class A holdings as of May 27, 2026
Indirect retirement holdings
487 equivalent shares
Moog Inc. Retirement Savings Plan
Key Terms
Stock Appreciation Rights, Restricted Stock Units, Moog Inc. Retirement Savings Plan, Long Term Incentive Plan, +1 more
5 terms
Stock Appreciation Rights financial
"Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan."
Stock appreciation rights (SARs) are a form of employee compensation that give the holder the right to receive the increase in a company's stock price over a set baseline, paid in cash or shares, without having to buy the stock. For investors, SARs matter because they can create future cash outflows or share dilution and signal how a company rewards and motivates executives — similar to giving a bonus tied directly to how well the company’s stock performs.
Restricted Stock Units financial
"Restricted Stock Units (RSU) granted under the Moog Inc. 2025 Long Term Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Moog Inc. Retirement Savings Plan financial
"Reflects equivalent shares held in Moog Inc. Retirement Savings Plan as of the most recent report to participants."
Long Term Incentive Plan financial
"SAR granted under the Moog Inc. 2014 Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
FMV financial
"difference between the FMV on the date of exercise ($345.26) and the exercise price ($71.648)."
Fair market value (FMV) is the price a willing buyer and a willing seller would agree on for an asset when neither is under pressure and both have full information. For investors, FMV is a baseline for judging whether a stock, bond, property or business is priced reasonably—like checking if a used car’s listed price matches what similar cars actually sell for—so it helps decide whether to buy, sell or hold.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Moog (MOG) CEO Patrick J. Roche report in this Form 4?
Patrick J. Roche reported exercising 5,000 stock appreciation rights and related tax withholding. The exercise produced 409 new Class B shares, while 4,591 shares were withheld to cover tax obligations, updating his direct and indirect ownership positions in Moog equity.
How many stock appreciation rights did the Moog CEO exercise and at what price?
Patrick J. Roche exercised 5,000 stock appreciation rights tied to Moog Class B common stock at an exercise price of $71.648 per right. The fair market value on the exercise date was $345.26 per share, according to the filing footnote.
What Moog derivative awards does the CEO still hold after this Form 4?
Patrick J. Roche continues to hold restricted stock units and multiple tranches of stock appreciation rights tied to Moog Class B common stock. These remaining SARs have exercise prices between $73.39 and $85.95 and expiration dates from November 2027 through November 2031.
Does the Moog CEO have indirect holdings through a retirement plan?
Yes. The filing shows Patrick J. Roche has indirect ownership of the equivalent of 487 Class B shares through the Moog Inc. Retirement Savings Plan. This amount reflects the most recent report to plan participants, as disclosed in a filing footnote.