Moog (MOG) CEO exercises SARs and nets 857 Class B shares
Rhea-AI Filing Summary
Moog Inc. Chief Executive Officer Patrick J. Roche exercised stock appreciation rights and increased his direct Class B holdings. On March 10, 2026, he exercised 5,000 SARs at an exercise price of $71.648 per share, receiving 5,000 shares of Class B common stock.
To cover tax obligations and the exercise cost, 4,143 Class B shares were withheld at a fair market value of $343.39 per share, leaving a net issuance of 857 shares as described in the footnotes. After these transactions, he directly holds 27,703 Class B shares and 18,661 Class A shares, plus 604 Class B shares through a retirement plan. He also retains multiple SAR grants with exercise prices between $73.39 and $85.95 expiring from 2027 to 2031, and 7,658 RSUs that each represent one future Class B share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | SAR | 5,000 | $0.00 | -- |
| Exercise | Class B Common | 5,000 | $71.648 | $358K |
| Tax Withholding | Class B Common | 4,143 | $343.39 | $1.42M |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | RSU | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
Footnotes (1)
- Includes 63 shares of Class B common stock acquired under the Moog Inc. Employee Stock Purchase Plan on December 31, 2025. This represents the difference between the number of SARs exercised (5,000) and the number of shares issued as a result of the exercise (857). 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.
