Form 4: Moody's Corp CEO Robert Fauber Executes Stock Options and Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Robert Fauber, President and CEO of Moody's Corporation, executed stock options and sold shares of common stock on March 17, 2025, according to a Form 4 filing with the SEC.
Summary
- On March 17, 2025, Robert Fauber, the President and CEO of Moody's Corporation, engaged in transactions involving the company's common stock.
- Fauber exercised employee stock options to acquire 56 shares at $80.81, 134 shares at $94.18, and 91 shares at $113.34.
- Simultaneously, he sold 281 shares at $444.43 and 134 shares at $444.43.
- These transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on July 30, 2024.
- Following these transactions, Fauber directly owns 62,957.984 shares of Moody's common stock.
- He also holds options to purchase 782 shares at $80.81, 1,877 shares at $94.18, and 7,791 shares at $113.34.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports transactions executed under a pre-existing plan. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Executive stock transactions are a common occurrence in publicly traded companies, often governed by Rule 10b5-1 plans to avoid insider trading accusations. These plans allow insiders to sell shares at predetermined times and prices.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the number of shares outstanding.
- The transactions do not appear to have a direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/12/2017 | Start date for vesting of Employee Stock Option (right to buy) at $80.81, with one fourth of the options vesting each year. |
| 07/01/2017 | Start date for vesting of Employee Stock Option (right to buy) at $94.18, with one fourth of the options vesting each year. |
| 02/23/2018 | Start date for vesting of Employee Stock Option (right to buy) at $113.34, with one fourth of the options vesting each year. |
| 07/30/2024 | Date Mr. Fauber adopted the Rule 10b5-1 plan. |
| 03/17/2025 | Date of the stock option exercises and share sales. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
| 02/12/2026 | Expiration date for Employee Stock Option (right to buy) at $80.81. |
| 07/01/2026 | Expiration date for Employee Stock Option (right to buy) at $94.18. |
| 02/23/2027 | Expiration date for Employee Stock Option (right to buy) at $113.34. |
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