Form 4: Moog Inc. Executive Joseph J Alfieri III Reports Share Transactions

Moog Inc. Vice President Joseph J Alfieri III reported the acquisition and disposal of Class B common stock related to vesting stock awards and tax obligations.

Summary

• Joseph J Alfieri III, a Vice President at Moog Inc., reported several transactions involving Class B common stock.
• On November 15, 2024, Mr. Alfieri acquired 65 shares of Class B common stock upon the vesting of a time-vesting award.
• Also on November 15, 2024, 24 shares were disposed of to cover tax obligations related to the vesting.
• On November 16, 2024, Mr. Alfieri acquired 42 shares of Class B common stock from another vesting event.
• Additionally on November 16, 2024, 16 shares were disposed of to cover tax obligations.
• Following these transactions, Mr. Alfieri directly owns 2,116 shares of Class B common stock and indirectly owns 526 shares through a 401(k) plan.
• Mr. Alfieri also holds stock appreciation rights (SARs) that become exercisable over three years from the grant date.

Sentiment

Score: 5

Explanation: The document is a routine filing of insider transactions, which is neither positive nor negative in itself. It reflects standard executive compensation practices.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The vesting schedules and tax withholding practices are typical for executive compensation packages in similar companies.
• The use of Stock Appreciation Rights (SARs) is a common incentive mechanism for executives in the industry, aligning their interests with the company's long-term performance.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
• The transactions do not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Moog Inc., Class B Common Stock, Stock Appreciation Rights, Form 4, Insider Trading, Vesting, Executive Compensation, Share Transactions