Form 4: Moog Inc. CFO Jennifer Walter Reports Stock Transactions
SEC Form 4 Filing
Jennifer Walter, CFO of Moog Inc., reported the exercise of stock appreciation rights and other transactions involving Class A and Class B common stock.
Summary
- On April 29, 2024, Jennifer Walter, CFO of Moog Inc., executed transactions involving Moog's Class A Common stock.
- Walter exercised 2,000 Stock Appreciation Rights (SARs) at a price of $74.38, receiving 546 shares after withholding for taxes.
- The transactions resulted in Walter directly owning 4,381 shares of Class A Common stock.
- Walter also owns 7,591 shares of Class B Common stock directly and 764 shares indirectly through a 401(k) plan.
- The report details Walter's holdings of various SARs granted under Moog Inc.'s 2008 and 2014 Long Term Incentive Plans, with exercise prices ranging from $63.04 to $85.95 and expiration dates from 2025 to 2031.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral. It reflects standard insider transactions.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. This allows investors to monitor insider sentiment and potential alignment with company performance.
Stakeholder Impact
- The transactions may provide insights to shareholders regarding management's view on the company's stock value.
- The filing ensures transparency and compliance with SEC regulations, maintaining investor confidence.
Key Dates
| Date | Description |
|---|---|
| 12/29/2023 | Acquisition of 118 shares of Class B Common under the Employee Stock Purchase Plan. |
| 04/29/2024 | Exercise of 2,000 Stock Appreciation Rights (SARs) and other transactions. |
| 05/01/2024 | Date of the report filing. |
| 11/11/2024 | Expiration date for some Stock Appreciation Rights. |
| 11/17/2025 | Expiration date for some Stock Appreciation Rights. |
| 11/15/2026 | Expiration date for some Stock Appreciation Rights. |
| 11/14/2027 | Expiration date for some Stock Appreciation Rights. |
| 11/13/2028 | Expiration date for some Stock Appreciation Rights. |
| 11/12/2029 | Expiration date for some Stock Appreciation Rights. |
| 11/17/2030 | Expiration date for some Stock Appreciation Rights. |
| 11/16/2031 | Expiration date for some Stock Appreciation Rights. |
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