Form 4: Moog Director Exercises SARs, Boosts Stake

Moog Inc. Director Kraig H. Kayser exercised 2,500 Stock Appreciation Rights, resulting in a net increase in his direct beneficial ownership of Class B Common Stock after tax withholding.

Summary

• Kraig H. Kayser, a Director at Moog Inc., executed transactions involving Stock Appreciation Rights (SARs) on September 18, 2025.
• He exercised 2,500 SARs, which had an exercise price of $65.90 per share.
• As a result of the SAR exercise, 2,500 shares of Class B Common Stock were acquired.
• Concurrently, 839 shares of Class B Common Stock were disposed of to cover tax withholding obligations at a market value of $196.3801 per share.
• Following these transactions, Mr. Kayser directly beneficially owns 10,921 shares of Class B Common Stock and 22,506 shares of Class A Common Stock.
• The SARs were granted under the Moog Inc. 2014 Long Term Incentive Plan and had an expiration date of November 17, 2025.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive due to a director increasing their net beneficial ownership of company stock, which can signal confidence. However, it's a routine compensation event rather than a significant open market purchase.

Positives

• A Director, Kraig H. Kayser, increased his direct beneficial ownership of Class B Common Stock by 1,661 shares (2,500 acquired minus 839 disposed for taxes), which can be viewed as a positive signal of confidence in the company's future.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders may view the net increase in a director's beneficial ownership as a positive signal of management's alignment with shareholder interests and confidence in the company's future performance.

Key Dates

Recommendation

This Form 4 filing details a routine insider transaction involving the exercise of Stock Appreciation Rights and subsequent tax withholding. While the director increased their net beneficial ownership, the transaction is a standard compensation event and does not provide new fundamental information that would significantly alter the investment thesis for Moog Inc. Therefore, a 'hold' recommendation remains appropriate based solely on this filing, awaiting more substantial operational or financial updates.

Keywords

Moog Inc., insider transaction, Form 4, SAR, stock appreciation rights, director, equity, beneficial ownership, MOGA, MOGB