Form 4: Jose Minaya Reports Acquisition of Phantom Stock Units in Moody's Corp

Director Jose Minaya reports the acquisition of phantom stock units in Moody's Corporation due to deferred compensation.

Summary

• Jose Minaya, a director of Moody's Corporation, filed a Form 4 on January 3, 2025, reporting a transaction that occurred on January 2, 2025.
• The transaction involved the acquisition of 63.446 phantom stock units due to the election to defer retainer fees.
• These phantom stock units convert to common stock on a one-for-one basis and will be settled in cash after Mr. Minaya's retirement.
• Following the reported transaction, Mr. Minaya beneficially owns 833.477 derivative securities.
• The price of the derivative security is $472.84.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of phantom stock units indicates a continued alignment of the director's interests with the long-term performance of Moody's Corporation.

Future Outlook

The phantom stock units will be settled in cash after the reporting person's retirement.

Industry Context

This filing is a routine disclosure related to executive compensation and is common in publicly traded companies. It reflects a mechanism for aligning executive interests with shareholder value through deferred compensation.

Stakeholder Impact

• The acquisition of phantom stock units aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term performance.

Key Dates