Moog CFO exercises SARs, receives Class B shares
Rhea-AI Filing Summary
MOOG INC. CFO Jennifer Walter exercised 1,000 Stock Appreciation Rights (SARs) linked to Class B common stock at an exercise price of $71.648 per share. The exercise generated 387 Class B shares after 613 shares were withheld to cover tax obligations at a fair market value of $343.39 per share.
Following these transactions, she directly holds 14,681 Class B common shares and 4,604 Class A common shares, plus additional equity incentives including SARs covering 28,825 underlying Class B shares and 1,532 RSUs that each convert into one Class B share. The activity reflects routine compensation-related option exercises and tax withholding rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,000 shares exercised/converted
Exercise
11 txns
Insider
Walter Jennifer
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | SAR | 1,000 | $0.00 | $0.00 |
| Exercise | Class B Common | 1,000 | $71.648 | $72K |
| Exercise Price or Tax Liability | Class B Common | 613 | $343.39 | $210K |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | RSU | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
Holdings After Transaction:
SAR — 28,825 contracts (Direct);
Class B Common — 14,681 shares (Direct);
RSU — 1,532 contracts (Direct);
Class A Common — 4,604 shares (Direct);
Class B Common — 770 shares (Indirect, 401 (k))
Footnotes (6)
- F1. This represents the difference between the number of SARs exercised (1,000) and the number of shares issued as a result of the exercise (387). 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 ($343.39) 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 RSU represents a contingent right to receive one share of Moog Inc.'s Class B common stock.
FAQ
What did Moog (MOG) CFO Jennifer Walter report in this Form 4?
Moog CFO Jennifer Walter reported exercising 1,000 stock appreciation rights (SARs) into Class B common stock. The exercise yielded 387 shares after tax withholding, updating her direct and incentive-based equity holdings in the company.
How many Moog (MOG) SARs did the CFO exercise and at what price?
She exercised 1,000 Stock Appreciation Rights at an exercise price of $71.648 per underlying Class B share. The fair market value on the exercise date was $343.39 per share, determining the number of shares issued before tax withholding.
What Moog (MOG) derivative awards and RSUs does the CFO still hold?
She retains several SAR grants over Class B stock with exercise prices from $73.39 to $85.95, covering 28,825 underlying shares, expiring between 2027 and 2031. She also holds 1,532 Restricted Stock Units, each representing one future Class B share.
AI-generated analysis. How Rhea-AI works. Not financial advice.