Form 4: Moog Inc. Vice President Mark D. Graczyk Reports Share Transactions

Moog Inc. Vice President Mark D. Graczyk reported the acquisition and disposal of Class B common stock related to the vesting of time-based awards and tax obligations.

Summary

• Mark D. Graczyk, a Vice President at Moog Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's Class B common stock.
• The transactions primarily involve the vesting of fixed dollar-denominated time vesting awards (TVAs) and the subsequent withholding of shares to cover tax obligations.
• On November 15, 2024, Mr. Graczyk acquired 65 Class B shares upon the vesting of a TVA tranche and disposed of 29 shares to satisfy tax obligations.
• On November 16, 2024, he acquired 42 Class B shares from another TVA tranche vesting and disposed of 19 shares for tax purposes.
• Mr. Graczyk also holds 1,045 Class B shares indirectly through the company's 401(k) plan.
• Additionally, he holds various Stock Appreciation Rights (SARs) that vest over time, with exercise prices ranging from $73.39 to $85.95.

Sentiment

Score: 7

Explanation: The document reflects routine insider transactions related to compensation. There is no indication of positive or negative sentiment, it is a neutral reporting of events.

Positives

• The vesting of time-based awards indicates continued compensation and alignment of interests for the executive.
• The reporting person continues to hold a significant number of shares and SARs, demonstrating a long-term commitment to the company.

Negatives

• The disposal of shares to cover tax obligations reduces the overall shareholding of the reporting person.

Risks

• The value of the SARs is dependent on the future performance of Moog Inc.'s stock price.
• Changes in tax laws could impact the net value of the vested shares and SARs.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the stock ownership of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, as mandated by the SEC.
• The transactions reported are typical for executives receiving stock-based compensation, such as time-vesting awards and stock appreciation rights.
• The vesting schedules and tax withholding practices are consistent with industry norms for executive compensation.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation practices.
• The vesting of awards and tax withholdings are standard procedures and do not indicate any significant change in the company's financial health.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Appreciation Rights, Time Vesting Award, Class B Common Stock, Moog Inc., Insider Trading, Executive Compensation