Moog (MOG) director Scannell exercises 10,000 SARs, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Moog Inc. director John Scannell reported a compensation-related transaction involving Stock Appreciation Rights (SARs). He exercised 10,000 SARs tied to Class B Common Stock at an exercise price of $71.648 per share. Based on a fair market value of $416.00 at exercise, 4,028 Class B shares were issued, while 5,972 shares were withheld to cover the company’s tax withholding obligations. Scannell continues to hold multiple SAR awards on Class B shares with exercise prices ranging from about $73 to $86 and expiration dates between 2027 and 2031, indicating a substantial remaining derivative position.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,000 shares exercised/converted
Mixed
11 txns
Insider
Scannell John
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | SAR | 10,000 | $0.00 | -- |
| Exercise | Class B Common | 10,000 | $71.648 | $716K |
| Tax Withholding | Class B Common | 5,972 | $416.00 | $2.48M |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class B Common | -- | -- | -- |
Holdings After Transaction:
SAR — 10,000 shares (Direct, null);
Class B Common — 46,358 shares (Direct, null);
Class A Common — 33,540 shares (Direct, null);
Class A Common — 26,346 shares (Indirect, Spouse);
Class B Common — 2,861 shares (Indirect, 401 (k))
Footnotes (1)
- This represents the difference between the number of SARs exercised (10,000) and the number of shares issued as a result of the exercise (4,028). 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 ($416.00) 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.
Key Figures
SARs exercised: 10,000 SARs
Exercise price: $71.648 per share
Fair market value at exercise: $416.00 per share
+5 more
8 metrics
SARs exercised
10,000 SARs
Exercised into Class B Common on 2026-06-23
Exercise price
$71.648 per share
Exercise price of SARs converted into Class B Common
Fair market value at exercise
$416.00 per share
FMV used to calculate shares issued from SARs
Shares issued from SARs
4,028 shares
Class B Common issued upon exercise of 10,000 SARs
Shares withheld for taxes
5,972 shares
Class B Common withheld to satisfy tax obligations
Remaining SAR block
23,352 underlying shares at $83.0000
SAR on Class B Common expiring 2031-11-16
Additional SAR block
25,130 underlying shares at $73.3900
SAR on Class B Common expiring 2030-11-17
Additional SAR block
33,969 underlying shares at $85.9500
SAR on Class B Common expiring 2029-11-12
Key Terms
Stock Appreciation Rights (SAR), tax withholding, Moog Inc. Retirement Savings Plan, Long Term Incentive Plan
4 terms
Stock Appreciation Rights (SAR) financial
"Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan."
tax withholding financial
"Additional shares are then withheld to satisfy the Company's tax withholding obligations."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Moog Inc. Retirement Savings Plan financial
"Reflects equivalent shares held in Moog Inc. Retirement Savings Plan as of the most recent report to participants."
Long Term Incentive Plan financial
"Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
FAQ
What insider transaction did Moog (MOG) director John Scannell report?
John Scannell reported exercising 10,000 Stock Appreciation Rights (SARs) tied to Moog Class B Common Stock. The exercise converted derivative awards into shares, with part of the resulting stock withheld to satisfy tax obligations under the company’s compensation plan.
What was the exercise price and fair market value in Scannell’s Moog SAR transaction?
The SARs had an exercise price of $71.648 per share, while the fair market value at exercise was $416.00. The difference between these values determined how many Class B shares were issued upon exercising the 10,000 SARs under the plan formula.
What Moog (MOG) derivative awards does John Scannell still hold after this filing?
John Scannell still holds several SAR grants on Class B Common Stock with exercise prices between $73.3900 and $85.9500. These awards have expiration dates from 2027 through 2031, providing ongoing equity-based exposure to Moog’s share performance over multiple years.