Form 4: Moog Inc. Director John Scannell Executes Stock Appreciation Rights and Disposes of Shares

Director John Scannell exercised stock appreciation rights (SARs) and disposed of Class A Common stock to cover tax obligations.

Summary

• On September 24, 2024, John Scannell, a director at Moog Inc., exercised 15,000 Stock Appreciation Rights (SARs) at a price of $74.38.
• As a result of the SAR exercise, Scannell acquired 4,594 Class A Common shares after accounting for tax withholding obligations.
• Scannell also disposed of 10,406 Class A Common shares at a price of $201.90 to cover tax liabilities related to the SAR exercise.
• Following these transactions, Scannell directly owns 44,322 Class A Common shares and 25,816 Class B Common shares.
• Scannell also indirectly owns 35,846 Class A Common shares through his spouse and 3,525 Class B Common shares through a 401(k) plan.
• The transactions were executed pursuant to a power of attorney held by Eric Moss.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders, as mandated by the SEC.
• The reporting requirements ensure transparency and prevent insider trading, aligning with regulatory standards across the industry.
• Similar filings are made by executives and directors at comparable companies like TransDigm Group and Curtiss-Wright Corporation.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
• The impact on employees, customers, suppliers, and creditors is likely negligible.

Key Dates