Moog (MOG) director exercises SARs and withholds shares for taxes
Rhea-AI Filing Summary
Moog Inc. director Donald R. Fishback exercised 5,000 Stock Appreciation Rights (SARs) under the Moog Inc. 2014 Long Term Incentive Plan at an exercise price of $71.648 per underlying Class B Common share. According to the accompanying explanation, the exercise used a fair market value of $428.40 per share; 2,038 Class B shares were issued and 2,962 shares were withheld to satisfy the company’s tax withholding obligations.
After these transactions, he holds 13,169 SARs directly, including grants over 6,181 underlying Class B shares at an exercise price of $82.31 expiring on 2027-11-14, and 6,988 underlying shares at $80.19 expiring on 2028-11-13. His direct common stock position is 18,891 Class B Common shares, and he indirectly holds 42,438 Class A Common shares through various trusts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,038 shares
Net Buy
11 txns
Insider
FISHBACK DONALD R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | SAR F7, F8 | 5,000 | $0.00 | $0.00 |
| Exercise | Class B Common | 5,000 | $71.648 | $358K |
| Exercise Price or Tax Liability | Class B Common F1 | 2,962 | $428.40 | $1.27M |
| holding | SAR F7, F8 | -- | -- | -- |
| holding | SAR F7, F8 | -- | -- | -- |
| holding | Class A Common F2 | -- | -- | -- |
| holding | Class A Common F3 | -- | -- | -- |
| holding | Class A Common F4 | -- | -- | -- |
| holding | Class A Common F5 | -- | -- | -- |
| holding | Class A Common F4 | -- | -- | -- |
| holding | Class A Common F6 | -- | -- | -- |
Holdings After Transaction:
SAR — 13,169 shares (Direct);
Class B Common — 18,891 shares (Direct);
Class A Common — 42,438 shares (Indirect, Trust)
Footnotes (8)
- 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 (2,038). 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 ($428.40) and the exercise price ($71.648). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- F2. Shares held by an irrevocable trust of which the reporting person's spouse is the trustee.
- F3. Shares held by a living trust of which the reporting person is the trustee.
- F4. Shares held by a grantor retained annuity trust of which the reporting person is the trustee.
- F5. Shares held by a living trust of which the reporting person's spouse is the trustee.
- F6. Shares held by a grantor retained annuity trust of which the reporting person's spouse is the trustee.
- F7. Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan.
- F8. SARs become exercisable ratably over three years beginning on the first anniversary from the date of grant.
Key Figures
SARs exercised: 5,000 units
Shares withheld for taxes: 2,962 shares
Fair market value at exercise: $428.40
+5 more
8 metrics
SARs exercised
5,000 units
Stock Appreciation Rights exercised on 2026-07-08 at an exercise price of $71.6480
Shares withheld for taxes
2,962 shares
Class B Common shares withheld at $428.4000 per share to satisfy tax obligations
Fair market value at exercise
$428.40
FMV on the exercise date used to calculate SAR payout
Exercise price of SARs
$71.6480
Exercise price for the SARs converted into Class B Common
Direct Class B Common holding
18,891 shares
Post-transaction direct holding of Class B Common shares
Indirect Class A Common holding
42,438 shares
Post-transaction indirect Class A Common shares held via trusts
Remaining SARs (direct)
13,169 units
Post-transaction direct holding of Stock Appreciation Rights
Remaining SAR grants detail
6,181 and 6,988 underlying shares
SARs at $82.3100 expiring 2027-11-14 and $80.1900 expiring 2028-11-13
Key Terms
Stock Appreciation Rights, FMV, grantor retained annuity trust, irrevocable trust, +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.
FMV financial
"difference between the FMV on the date of exercise ($428.40) and the exercise price"
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.
grantor retained annuity trust financial
"Shares held by a grantor retained annuity trust of which the reporting person is the trustee."
A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.
irrevocable trust financial
"Shares held by an irrevocable trust of which the reporting person's spouse is the trustee."
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
tax withholding obligations financial
"Additional shares are then withheld to satisfy the Company's tax withholding obligations."
FAQ
What did Moog (MOG) director Donald R. Fishback report in this Form 4?
Donald R. Fishback exercised 5,000 Stock Appreciation Rights (SARs) into Class B Common, with part of the resulting shares withheld to cover tax obligations, and updated his reported SAR and common stock holdings in both Class A and Class B shares.
How many SARs did Moog (MOG) director Fishback exercise and at what prices?
Fishback exercised 5,000 SARs with an exercise price of $71.648 per underlying Class B share. The SAR value was based on a fair market value of $428.40 per share on the exercise date, as described in the accompanying explanation.
What SAR positions does Moog (MOG) director Fishback hold after this transaction?
After the transaction, Fishback directly holds 13,169 SARs. These include SARs over 6,181 underlying Class B shares at $82.31 expiring 2027-11-14 and 6,988 underlying shares at $80.19 expiring 2028-11-13, as reported.
What are Donald R. Fishback’s current Moog (MOG) common stock holdings?
Post-transaction, Fishback directly holds 18,891 Class B Common shares. He also indirectly holds 42,438 Class A Common shares through various trusts, including irrevocable, living, and grantor retained annuity trusts in which he or his spouse serve as trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.
