Form 4: Moody's Corp Executive Acquires and Disposes of Shares to Cover Tax Obligations

Caroline Sullivan, SVP, Corp Controller at Moody's Corporation, reports acquiring shares upon settlement of performance shares and disposing of shares to cover tax obligations on March 3, 2025.

Summary

• On March 3, 2025, Caroline Sullivan, SVP, Corp Controller of Moody's Corporation, acquired 120 shares of Common Stock at a price of $502.86.
• These shares were acquired upon the settlement of 2022-2024 Performance Shares.
• On the same day, Ms. Sullivan disposed of 174.905 shares of Common Stock at $502.86 to satisfy tax withholding obligations.
• Following these transactions, Ms. Sullivan beneficially owns 1,508.24 shares of Moody's Corporation.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation and tax obligations.

Positives

• The acquisition of shares indicates that performance targets were met, resulting in the settlement of performance shares.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investor confidence.

Comparison to Industry Standards

• Executive compensation packages often include performance-based equity awards, which vest over time and are subject to performance criteria.
• Upon vesting, it is common for executives to sell a portion of the shares to cover the associated tax liabilities.
• The amounts are not significant compared to the overall market capitalization of Moody's.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and tax obligations.

Key Dates