Form 4: Moog VP Alfieri III Reports Equity Holdings & RSU Grant

Moog Inc.'s Vice President, Joseph J Alfieri III, disclosed his beneficial ownership of Class B common stock and the acquisition of 1,244 Restricted Stock Units.

Summary

• Joseph J Alfieri III, Vice President of Moog Inc., reported his beneficial ownership and recent equity transactions.
• Directly owns 2,259 shares of Class B Common stock, which includes 73 shares acquired under the Moog Inc. Employee Stock Purchase Plan on December 30, 2024, and 70 shares acquired under the same plan on June 28, 2025.
• Indirectly owns 604 equivalent shares of Class B Common stock through the Moog Inc. Retirement Savings Plan.
• Acquired 1,244 Restricted Stock Units (RSUs) on November 11, 2025, granted under the Moog Inc. 2025 Long Term Incentive Plan.
• These RSUs will vest in three equal annual installments of 33.33% each on November 15, 2026, November 15, 2027, and November 15, 2028.
• Holds Stock Appreciation Rights (SARs) with various exercise prices and expiration dates, totaling 2,949 underlying Class B Common shares, granted under the Moog Inc. 2014 Long Term Incentive Plan. These SARs become exercisable ratably over three years from their respective grant dates.

Sentiment

Score: 7

Explanation: The filing indicates an increase in executive equity holdings through RSU grants and ESPP purchases, which generally signals management's alignment with shareholder interests and confidence in the company's future. This is a routine disclosure for executive compensation.

Positives

• Increased insider ownership through the acquisition of 1,244 Restricted Stock Units (RSUs) and 143 shares via the Employee Stock Purchase Plan, aligning management interests with shareholders.
• Participation in the Employee Stock Purchase Plan (ESPP) demonstrates ongoing commitment and belief in the company's value by an executive.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The acquisition of Restricted Stock Units and participation in the Employee Stock Purchase Plan by a Vice President are considered related party transactions as they involve an executive and the company.

Stakeholder Impact

• Shareholders: Increased alignment of executive interests with shareholders due to equity grants and purchases.
• Employees: The existence of an Employee Stock Purchase Plan (ESPP) and Long Term Incentive Plans (LTIP) indicates programs for employee equity participation and retention.

Next Steps

• Vesting of 33.33% of the granted Restricted Stock Units on November 15, 2026.
• Vesting of 33.33% of the granted Restricted Stock Units on November 15, 2027.
• Vesting of 33.33% of the granted Restricted Stock Units on November 15, 2028.
• Stock Appreciation Rights (SARs) will become exercisable ratably over three years from their respective grant dates.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation in the form of RSU grants and ESPP purchases, along with existing SAR holdings. While the increase in executive equity ownership is a positive signal of alignment, it does not provide new fundamental information about the company's operational performance or strategic direction that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals rather than this specific insider transaction.

Keywords

Moog Inc., MOGA, MOGB, SEC Form 4, Insider Trading, Beneficial Ownership, Restricted Stock Units, RSU, Stock Appreciation Rights, SAR, Employee Stock Purchase Plan, ESPP, Executive Compensation, Equity Grant