Form 4: Vincent Forlenza, Moody's Corp Director, Reports Acquisition of Common Stock and Phantom Stock Units

Director Vincent Forlenza reports acquiring common stock through dividend reinvestment and phantom stock units through deferred compensation and dividend equivalents.

Summary

• Vincent Forlenza, a director of Moody's Corporation, filed a Form 4 detailing changes in beneficial ownership.
• On September 6, 2024, Forlenza acquired 8.985 shares of common stock through a deferred dividend reinvestment accrual at a price of $480.4 per share.
• Following this transaction, Forlenza directly owns 7,375.426 shares of Moody's common stock.
• Additionally, Forlenza acquired 0.846 phantom stock units through deferred compensation, convertible to common stock on a one-for-one basis and settled in cash after retirement, priced at $475.44.
• He also acquired 1.4 dividend equivalent units related to unvested RSUs, priced at $0.
• Following these transactions, Forlenza directly owns 481.581 phantom stock units and 4.812 dividend equivalent units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reflecting standard insider trading activity. There is no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel at Moody's Corporation.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates