Moog (MOG) director exercises 5,000 SARs and reports updated share and SAR holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MOOG INC. director Donald R. Fishback exercised stock appreciation rights (SARs) covering 5,000 shares of Class B Common Stock at an exercise price of $71.648 per share. The exercise generated shares at a fair market value of $398.00 per share on the exercise date.
Of these shares, 3,018 Class B shares were withheld to satisfy tax obligations, and 1,982 shares were issued, leaving Fishback with 19,871 Class B shares held directly after the transactions. He also has indirect Class A holdings through several trusts, each showing post-transaction balances between 4,636 and 9,273 shares. Remaining SAR awards include 6,181 underlying Class B shares at an exercise price of $82.31 expiring on November 14, 2027 and 6,988 underlying Class B shares at $80.19 expiring on November 13, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,000 shares exercised/converted
Mixed
11 txns
Insider
FISHBACK DONALD R
Role
null
| 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 | 3,018 | $398.00 | $1.20M |
| holding | SAR | -- | -- | -- |
| holding | SAR | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
| holding | Class A Common | -- | -- | -- |
Holdings After Transaction:
SAR — 5,000 shares (Direct, null);
Class B Common — 19,871 shares (Direct, null);
Class A Common — 9,273 shares (Indirect, Trust)
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 (1,982). 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 ($398.00) and the exercise price ($71.65). Additional shares are then withheld to satisfy the Company's tax withholding obligations. Shares held by an irrevocable trust of which the reporting person's spouse is the trustee. Shares held by a living trust of which the reporting person is the trustee. Shares held by a grantor retained annuity trust of which the reporting person is the trustee. Shares held by a living trust of which the reporting person's spouse is the trustee. Shares held by a grantor retained annuity trust of which the reporting person's spouse is the trustee. 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: 5,000 SARs
Exercise price: $71.648 per share
Fair market value: $398.00 per share
+5 more
8 metrics
SARs exercised
5,000 SARs
Exercise into Class B Common on June 11, 2026
Exercise price
$71.648 per share
Exercise price for 5,000 SARs
Fair market value
$398.00 per share
FMV on SAR exercise date used in calculation
Shares withheld for taxes
3,018 shares
Class B shares withheld to satisfy tax obligations
Shares issued from exercise
1,982 shares
Net Class B shares issued from 5,000 SARs
Class B holdings after
19,871 shares
Direct Class B Common shares following transactions
Remaining SARs 2027
6,181 underlying shares at $82.31
SARs expiring November 14, 2027
Remaining SARs 2028
6,988 underlying shares at $80.19
SARs expiring November 13, 2028
Key Terms
Stock Appreciation Rights (SAR), tax withholding, grantor retained annuity trust, irrevocable trust, +2 more
6 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.
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.
living trust financial
"Shares held by a living trust of which the reporting person is the trustee."
exercise price financial
"the exercise price ($71.65). Additional shares are then withheld"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did MOOG (MOG) director Donald R. Fishback report in this Form 4?
Donald R. Fishback reported exercising stock appreciation rights for 5,000 Class B shares. The exercise converted SAR awards into shares, with some shares issued to him and others withheld to cover associated tax obligations under the company’s equity incentive plan.
What are Donald R. Fishback’s MOOG Class B holdings after these transactions?
After the transactions, Fishback directly holds 19,871 Class B shares. This figure reflects the net result of exercising 5,000 SARs and the related tax-withholding share disposition, providing an updated snapshot of his direct equity position in MOOG.
What MOOG stock appreciation rights (SARs) does Donald R. Fishback still hold?
Fishback retains SARs linked to 6,181 Class B shares at an exercise price of $82.31 expiring November 14, 2027, and SARs linked to 6,988 Class B shares at $80.19 expiring November 13, 2028. These awards were granted under Moog’s 2014 Long Term Incentive Plan.
Does this MOOG Form 4 reflect an open-market sale by Donald R. Fishback?
No, the Form 4 shows a tax-withholding disposition of 3,018 shares coded “F,” tied to the SAR exercise. This code indicates shares delivered to cover taxes or exercise costs, not a discretionary open-market sale of MOOG shares.