Form 4: Moog Inc. Director Peter Gundermann Reports Stock Transactions
SEC Form 4 Filing
Director Peter J. Gundermann reports acquisition and disposal of Moog Inc. Class A Common stock and exercise of Stock Appreciation Rights.
Summary
- On November 7, 2024, Peter J. Gundermann, a director of Moog Inc., engaged in transactions involving the company's stock.
- Gundermann acquired 2,000 shares of Class A Common stock at a price of $74.38.
- He also disposed of 657 shares of Class A Common stock at $226.58.
- Following these transactions, Gundermann directly owns 3,909 shares of Class A Common stock and 8,656 shares of Class B Common stock.
- He also exercised Stock Appreciation Rights (SARs) for 2,000 shares of Class A Common stock.
- The SARs were granted under the Moog Inc. 2008 Stock Appreciation Rights Plan with an exercise price of $74.38.
- Additionally, he holds SARs for 2,500 shares of Class B Common stock granted under the Moog Inc. 2014 Long Term Incentive Plan with an exercise price of $65.9.
- Eric Moss signed the report on behalf of Peter J. Gundermann, pursuant to a power of attorney dated May 7, 2024.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports transactions. There is no indication of positive or negative outlook.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. These filings are monitored by investors to gain insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions may provide shareholders with insights into the director's view of the company's stock value.
- The exercise of SARs results in dilution of existing shareholders equity.
Key Dates
| Date | Description |
|---|---|
| 11/11/2015 | Original exercisable date of Stock Appreciation Rights (SAR) granted under the Moog Inc. 2008 Stock Appreciation Rights Plan. |
| 11/17/2016 | Date Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan. |
| 05/07/2024 | Date of power of attorney granted to Eric Moss. |
| 11/07/2024 | Date of stock acquisition, disposal, and SAR exercise. |
| 11/11/2024 | Expiration date of Stock Appreciation Rights (SAR) granted under the Moog Inc. 2008 Stock Appreciation Rights Plan. |
| 11/17/2025 | Expiration date of Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan. |
| 11/08/2024 | Date of report filing. |
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