Form 4: Jose Minaya, Moody's Corp Director, Reports Acquisition and Disposal of Common Stock

Director Jose Minaya reported acquiring and disposing of Moody's Corp common stock and phantom stock units through dividend reinvestment and deferred compensation.

Summary

• On September 6, 2024, Jose Minaya, a director of Moody's Corporation, reported transactions involving the company's securities.
• Minaya acquired 2.426 shares of common stock through a dividend reinvestment at a price of $480.4 per share.
• Following this acquisition, Minaya directly owns 1,934.435 shares of common stock.
• Additionally, Minaya acquired 1.237 phantom stock units related to deferred compensation, convertible to common stock on a one-for-one basis, priced at $475.44.
• He also acquired 0.997 dividend equivalent units.
• These units will be settled in cash after Minaya's retirement.
• The report was filed on September 10, 2024, by Elizabeth McCarroll under power of attorney.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports transactions related to director compensation and dividend reinvestment, which are standard practices.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's securities. It is typical for directors to receive stock or stock-based compensation and to reinvest dividends.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders as they are related to director compensation and dividend reinvestment.

Key Dates