Moog insider reports SAR exercise, share withholding for taxes
Rhea-AI Filing Summary
Moog Inc. (MOG) reported an insider equity transaction by a director. On 10/28/2025, the director exercised 5,000 stock appreciation rights (SARs) on Class A Common at an exercise price of $63.04 (Code M) and received 1,718 shares based on a fair market value of $211.58. To cover taxes, 3,282 shares were withheld (Code F).
Following these transactions, the director reported beneficial ownership of 41,040 Class A Common shares (direct) and 35,783 Class B Common shares (direct). Indirect holdings include 30,846 Class A Common shares (spouse) and 3,549 Class B Common shares (Retirement Savings Plan). Remaining derivative positions include multiple SAR grants on Class B Common with exercise prices between $73.39 and $85.95 expiring from 11/17/2030 to 11/16/2031, plus earlier-dated grants through 11/12/2029.
Positive
- None.
Negative
- None.
Insights
Neutral Form 4: SAR exercise with tax withholding recorded.
A Moog director exercised $63.04 SARs for 5,000 units on 10/28/2025, yielding 1,718 Class A shares based on a $211.58 fair value. The filing also records 3,282 shares withheld to satisfy taxes. This is a routine equity compensation event and does not, by itself, signal strategy or operations changes.
Post-transaction, direct holdings are 41,040 Class A and 35,783 Class B shares, with additional indirect positions via a spouse and a retirement plan. The holder retains multiple SAR grants on Class B Common with stated exercise prices and expirations through 2031. Actual impact depends on future exercises and market prices.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | SAR | 5,000 | $0.00 | -- |
| Exercise | Class A Common | 5,000 | $63.04 | $315K |
| Tax Withholding | Class A Common | 3,282 | $211.58 | $694K |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
Footnotes (1)
- This represents the difference between the number of SARs exercised (5,000) and the number of shares issued as a result of the exercise (1,718). 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 ($211.58) and the exercise price ($63.04). 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.
