Form 4: Moog Inc. Director Donald R. Fishback Reports Stock Transactions

Director Donald R. Fishback reports exercising stock appreciation rights and disposing of shares to cover tax obligations.

Summary

• On September 3, 2024, Donald R. Fishback, a director of Moog Inc., executed transactions involving Class A Common stock and Stock Appreciation Rights (SARs).
• Fishback exercised 10,000 SARs at a price of $74.38, acquiring 10,000 Class A Common shares.
• Following the exercise, 6,994 shares were disposed of at $197.4 to cover tax obligations.
• After these transactions, Fishback directly owns 3,006 Class A Common shares and 11,473 Class B Common shares.
• Fishback also indirectly owns shares through various trusts and the Moog Inc. Retirement Savings Plan.
• The report details Fishback's holdings of various SARs with different exercise prices and expiration dates.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like directors, who trade in their company's stock. It provides transparency to the market regarding insider activity.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, ensuring compliance with SEC regulations.
• The transactions are typical for executives who receive stock-based compensation and exercise their options or rights.
• Similar filings can be observed for directors and officers at companies like Boeing, Lockheed Martin, and General Dynamics, reflecting their stock-based compensation activities.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.

Key Dates