Moog CFO exercises SARs, nets 381 Class B shares
Rhea-AI Filing Summary
MOOG INC. CFO Jennifer Walter exercised 1,000 stock appreciation rights at an exercise price of $71.648 per share into 1,000 shares of Class B common stock on March 9, 2026. To cover tax obligations, 619 Class B shares valued at $343.39 per share were withheld, leaving a net issuance of 381 shares from this exercise.
After these transactions, she holds 14,294 Class B shares directly and an additional 770 Class B shares indirectly through a 401(k)/retirement savings plan. She also retains multiple outstanding SAR awards over Class B common stock and 1,532 restricted stock units, each RSU representing one share and scheduled to vest in three equal installments in 2026, 2027, and 2028.
Positive
- None.
Negative
- None.
Insights
Routine equity compensation exercise with tax withholding; no open-market trades reported.
CFO Jennifer Walter exercised 1,000 stock appreciation rights into Class B common shares at an exercise price of $71.648. The filing shows this as a standard compensation-related event rather than a discretionary market purchase.
Of the shares generated, 619 were withheld at a fair market value of $343.39 per share to satisfy tax obligations, a non-market disposition that does not reflect a directional view on the stock. Net, she received 381 additional Class B shares and now directly holds 14,294 Class B shares plus indirect retirement-plan shares.
Derivative data indicates she still has several SAR grants outstanding, with exercise prices between $73.39 and $85.95 and expirations through 2031, as well as 1,532 RSUs tied to future vesting dates from 2026 to 2028. This suggests continuing long-term equity exposure through unexercised awards and unvested units.
Insider Trade Summary
| 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 | 619 | $343.39 | $213K |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | RSU | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
Footnotes (7)
- F1. Includes 63 shares of Class B common stock acquired under the Moog Inc. Employee Stock Purchase Plan on December 31, 2025.
- F2. This represents the difference between the number of SARs exercised (1,000) and the number of shares issued as a result of the exercise (381). 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.
- F3. Reflects equivalent shares held in Moog Inc. Retirement Savings Plan as of the most recent report to participants.
- F4. Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan.
- F5. SARs become exercisable ratably over three years beginning on the first anniversary from the date of grant.
- F6. 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.
- F7. 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 do in this Form 4 filing?
Were there any open-market stock sales or purchases by Moog (MOG) CFO in this Form 4?
What equity awards does the Moog (MOG) CFO still hold after this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.
