Form 4: Moog Director Donald Fishback Receives Stock Bonus

Moog Inc. Director Donald R. Fishback reported the acquisition of 575 shares of Class B Common Stock as a bonus, increasing his direct and indirect holdings.

Summary

• Donald R. Fishback, a Director at Moog Inc., reported changes in his beneficial ownership of company securities.
• On November 11, 2025, Mr. Fishback acquired 575 shares of Class B Common Stock as a stock bonus under the Moog Inc. 2025 Long Term Incentive Plan, with a transaction price of $0.
• Following this transaction, Mr. Fishback directly owns 14,871 shares of Class B Common Stock.
• His indirect holdings include 10,000 Class A Common shares, 9,273 Class A Common shares, 8,754 Class A Common shares, 8,627 Class A Common shares, 4,636 Class A Common shares, and 7,680 Class A Common shares held across various trusts where he or his spouse serve as trustee.
• An additional 278 Class B Common shares are held indirectly in the Moog Inc. Retirement Savings Plan.
• Mr. Fishback also holds Stock Appreciation Rights (SARs) granted under the Moog Inc. 2014 Long Term Incentive Plan, with exercise prices ranging from $71.648 to $82.31 and expiration dates between November 2026 and November 2028.
• These SARs become exercisable ratably over three years starting from the first anniversary of their grant date.

Sentiment

Score: 6

Explanation: The filing reports a routine insider transaction (stock bonus) which is generally a neutral to slightly positive signal as it aligns management interests with shareholders. The future transaction date is noted but does not inherently change the sentiment for a Form 4.

Positives

• The reporting person, a Director, received a stock bonus of 575 Class B Common shares, indicating continued alignment of management interests with shareholder value.
• The stock bonus was granted under the Moog Inc. 2025 Long Term Incentive Plan, suggesting ongoing incentive programs for key personnel.

Future Outlook

The filing primarily reports past and future scheduled transactions and does not contain explicit forward-looking statements or guidance regarding the company's financial performance or strategic direction.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions and does not provide broader industry context or competitive analysis. It reflects an individual director's compensation and ownership structure within Moog Inc., a company operating in the aerospace, defense, and industrial sectors.

Related Party Transactions

• Shares are held indirectly through various trusts where the reporting person or their spouse serves as trustee, including grantor retained annuity trusts and living trusts.

Stakeholder Impact

• Shareholders: The acquisition of additional shares by a director can be viewed positively as it increases management's vested interest in the company's performance, aligning with shareholder interests.
• Employees: The mention of the Moog Inc. 2025 Long Term Incentive Plan and the Moog Inc. Retirement Savings Plan indicates ongoing employee and executive compensation and savings programs.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction (a stock bonus) and changes in beneficial ownership for a director. While a director receiving a stock bonus can be seen as a positive alignment of interests, it does not provide sufficient information to warrant a change in investment recommendation. The filing lacks operational, financial, or strategic updates that would typically influence a 'buy' or 'sell' decision. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals and market conditions.

Keywords

Moog Inc., MOGA, MOGB, Donald R. Fishback, Form 4, Insider Trading, Stock Bonus, Beneficial Ownership, Class B Common Stock, Class A Common Stock, Stock Appreciation Rights, Long Term Incentive Plan, Director Holdings