Form 4: Moody's Corp Executive Michael L. West Reports Stock Transactions
SEC Form 4
Michael L. West, President of Moody's Investors Service, reports the acquisition and disposal of Moody's Corporation stock and derivative securities.
Summary
- On November 8, 2024, Michael L. West, President of Moody's Investors Service, reported transactions involving Moody's Corporation (MCO) stock.
- West sold 600 shares of common stock at $474.44 per share.
- He also sold 1,118 shares at $475.10 per share and 9,178 shares at a weighted average price of $475.65.
- Additionally, West exercised employee stock options to acquire 3,965 shares at $280.42, 3,004 shares at $276.84, 2,139 shares at $325.99, and 1,188 shares at $295.33.
- Following these transactions, West directly owns 8,607.404 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- Shareholders may be interested in the insider's transactions as an indicator of management's view of the company's value.
Key Dates
| Date | Description |
|---|---|
| 02/20/2021 | Beginning date for vesting of options related to 3,965 shares. |
| 02/22/2022 | Beginning date for vesting of options related to 3,004 shares. |
| 02/17/2023 | Beginning date for vesting of options related to 2,139 shares. |
| 02/21/2024 | Beginning date for vesting of options related to 1,188 shares. |
| 11/08/2024 | Date of stock and derivative transactions. |
| 11/12/2024 | Date of report signature. |
| 02/20/2030 | Expiration date for options related to 3,965 shares. |
| 02/22/2031 | Expiration date for options related to 3,004 shares. |
| 02/17/2032 | Expiration date for options related to 2,139 shares. |
| 02/21/2033 | Expiration date for options related to 1,188 shares. |
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