Form 4: Moog Inc. Director Janet M. Coletti Reports Acquisition of Class B Common Stock
SEC Form 4 Filing
Director Janet M. Coletti acquired 604 shares of Moog Inc. Class B common stock as a stock bonus.
Summary
- Janet M. Coletti, a director at Moog Inc., reported acquiring 604 shares of Class B common stock.
- The acquisition was a stock bonus granted under the Moog Inc. 2014 Long Term Incentive Plan.
- The transaction occurred on November 12, 2024.
- Following the transaction, Ms. Coletti directly owns 6,174 shares of Class B common stock.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to executive compensation, which is generally viewed neutrally to slightly positive as it aligns management with shareholder interests.
Positives
- The acquisition of shares by a director can be seen as a positive sign of confidence in the company's future.
Industry Context
This is a routine filing related to executive compensation and is common for publicly traded companies.
Comparison to Industry Standards
- Stock-based compensation is a common practice among publicly traded companies to align the interests of management and shareholders.
- The Moog Inc. 2014 Long Term Incentive Plan is similar to plans used by other companies in the aerospace and industrial sectors, such as Honeywell, General Electric, and Parker Hannifin, which also use stock bonuses as part of their compensation packages.
- These types of transactions are regularly reported via SEC Form 4 filings.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with the company's performance.
Key Dates
| Date | Description |
|---|---|
| 11/12/2024 | Date of the stock bonus transaction. |
| 11/14/2024 | Date of the signature on the SEC Form 4 filing. |
Keywords
Moog Inc., Class B Common Stock, Director, Stock Bonus, Incentive Plan, Janet M. Coletti, SEC Form 4
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