Form 4: Moog CFO Jennifer Walter Exercises SARs, Disposes Shares

Moog Inc. CFO Jennifer Walter reported the exercise of Stock Appreciation Rights and subsequent tax-related share disposition.

Summary

• Jennifer Walter, CFO of Moog Inc., exercised 1,000 Stock Appreciation Rights (SARs) for Class B Common stock on March 11, 2026.
• The exercise price for these SARs was $71.648 per share.
• Following the exercise, 613 Class B Common shares were disposed of at a price of $343.39 per share to satisfy tax withholding obligations.
• After these transactions, Walter directly holds 14,681 Class B Common shares and 4,604 Class A Common shares.
• An additional 770 Class B Common shares are held indirectly in the Moog Inc. Retirement Savings Plan.
• Remaining SARs with various exercise prices and expiration dates are still held, along with 1,532 Restricted Stock Units (RSUs) that vest in installments starting November 15, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine insider transaction related to executive compensation and tax obligations, with no direct positive or negative implications for the company's operational or financial performance.

Positives

• The exercise of Stock Appreciation Rights by the CFO indicates the realization of value from previously granted equity compensation, aligning executive incentives with shareholder value creation.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

StockSavvy.ai notes that routine insider transactions like SAR exercises and tax-related dispositions are common compensation events for executives across various industries, reflecting the realization of previously granted equity awards.

Stakeholder Impact

• Shareholders: The transaction represents a routine compensation event for a key executive, with a minor increase in outstanding shares from the SAR exercise, partially offset by shares withheld for tax.
• Employees: Reflects the standard equity compensation practices for senior management.

Next Steps

• Future vesting of 1,532 Restricted Stock Units (RSUs) on November 15, 2026, November 15, 2027, and November 15, 2028.
• Potential future exercises of remaining Stock Appreciation Rights (SARs) before their respective expiration dates.

Key Dates

Keywords

Moog Inc., MOGA, MOGB, Jennifer Walter, CFO, Form 4, SEC filing, insider transaction, Stock Appreciation Rights, SARs, Restricted Stock Units, RSUs, equity compensation, share disposition, tax withholding