Form 4: Moody's Corp Executive Richard G. Steele Reports Stock and Option Transactions

Richard G. Steele, SVP General Counsel of Moody's Corporation, reports acquisition of common stock and employee stock options.

Summary

• Richard G. Steele, a Senior Vice President and General Counsel at Moody's Corporation, filed a Form 4 detailing changes in beneficial ownership.
• On February 20, 2025, Steele acquired 701 shares of common stock at a price of $513.21 per share.
• Following this transaction, Steele directly owns 1,689 shares of common stock.
• Steele also indirectly owns 3,612.666 shares through a trust.
• Additionally, Steele acquired 2,198 employee stock options with an exercise price of $513.21.
• These options vest in four equal installments beginning February 20, 2026, and expire on February 20, 2035.
• After the reported transaction, Steele directly owns 2,198 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of stock and options by a high-ranking executive could be interpreted as a sign of confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transactions reported may influence investor perception of Moody's Corporation.

Key Dates