Moog (MOG) CFO exercises SARs, nets Class B shares after tax
Filing Impact
Filing Sentiment
Form Type
4
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
Mixed
11 txns
Insider
Walter Jennifer
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | SAR | 1,000 | $0.00 | -- |
| Exercise | Class B Common | 1,000 | $71.648 | $72K |
| Tax Withholding | 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 — 0 shares (Direct);
Class B Common — 15,294 shares (Direct);
RSU — 1,532 shares (Direct);
Class A Common — 4,604 shares (Direct);
Class B Common — 770 shares (Indirect, 401 (k))
Footnotes (1)
- 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. Reflects equivalent shares held in Moog Inc. Retirement Savings Plan as of the most recent report to participants. Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan. SARs become exercisable ratably over three years beginning on the first anniversary from the date of grant. 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. 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.