Form 4: Moog Inc. Director Brenda Reichelderfer Sells Class B Common Stock
SEC Form 4 Filing
Director Brenda Reichelderfer reports selling 5,250 shares of Moog Inc. Class B Common stock at $160.8 per share on May 3, 2024.
Summary
- On May 3, 2024, Brenda Reichelderfer, a director of Moog Inc., sold 5,250 shares of Class B Common stock.
- The sale price was $160.8 per share.
- Following the transaction, Reichelderfer directly owns 3,406 shares of Class B Common stock.
- Reichelderfer also directly owns 650 shares of Class A Common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The sale itself doesn't necessarily indicate a negative outlook for the company, as insiders may sell shares for various personal financial reasons.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although it is a common occurrence and doesn't necessarily reflect the company's performance.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of transaction: Brenda Reichelderfer sold 5,250 shares of Class B Common stock. |
| 05/07/2024 | Date of report: Signature of Christopher A. Head, as Power of Attorney for Brenda Reichelderfer. |
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