Form 4: Moog Inc. Executive Mark Graczyk Reports Stock Transactions

Moog Inc. Vice President Mark Graczyk reports the acquisition of 461 Class B Common shares and the disposal of 204 shares for tax purposes, along with adjustments to derivative holdings.

Summary

• Mark Graczyk, a Vice President at Moog Inc., reported several transactions involving the company's Class B Common stock.
• He acquired 461 shares of Class B Common stock through the vesting of performance-based restricted stock units.
• These units were granted on November 16, 2021, under the Moog Inc. 2014 Long Term Incentive Plan.
• Graczyk also had 204 shares withheld for taxes related to the settlement of these restricted stock units.
• The reported transactions also include adjustments to his holdings of Stock Appreciation Rights (SARs).
• He holds 1,045 shares indirectly through the Moog Inc. Retirement Savings Plan.
• The transactions were reported on November 14, 2024, with the earliest transaction date being November 12, 2024.

Sentiment

Score: 7

Explanation: The document reflects standard executive stock transactions, which are neither particularly positive nor negative. The vesting of performance-based units is a positive sign, but the tax withholding is neutral.

Positives

• The vesting of performance-based restricted stock units indicates that performance goals were met.
• The acquisition of shares increases Graczyk's direct stake in the company.

Negatives

• The disposal of 204 shares, while for tax purposes, reduces Graczyk's direct holdings.

Risks

• The document does not indicate any specific risks.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies when executives make transactions in their company's stock. It provides transparency into insider trading activities.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for all publicly traded companies in the United States.
• The transactions reported are typical for executives who receive equity compensation as part of their overall package.
• The vesting of performance-based restricted stock units is a common incentive mechanism used by many companies to align executive interests with company performance.
• The use of Stock Appreciation Rights (SARs) is also a common practice in executive compensation.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect standard executive compensation practices.
• The vesting of performance-based units may be seen positively by shareholders as it indicates the achievement of performance goals.

Key Dates

Keywords

Moog Inc., Mark Graczyk, Class B Common Stock, Stock Appreciation Rights, Performance-Based Restricted Stock Units, Insider Trading, SEC Form 4, Equity Compensation, Employee Stock Purchase Plan