Form 4: Moody's Corp Executive Richard G. Steele Reports Stock Transactions
SEC Form 4 Filing
Richard G. Steele, SVP General Counsel of Moody's Corporation, reports acquisition and disposal of company stock, including shares from performance settlements and sales to cover tax obligations.
Summary
- On March 1, 2024, Richard G. Steele acquired 1,203 shares of Moody's Corporation common stock at a price of $380.58 following the settlement of 2021-2023 Performance Shares.
- On the same day, Steele disposed of 503.842 shares to satisfy tax withholding obligations at a price of $380.58.
- On March 4, 2024, Steele sold 304.138 shares at a weighted average price of $382.34.
- Following these transactions, Steele directly owns 1,615.02 shares and indirectly owns 3,587.02 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies like Moody's.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Acquisition of 1,203 shares upon settlement of 2021-2023 Performance Shares and disposition of 503.842 shares for tax obligations. |
| 03/04/2024 | Sale of 304.138 shares at a weighted average price of $382.34. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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