Form 4: Moog VP Alfieri Reports RSU Vesting, Stock Transactions
Insider Transaction Report
Joseph J Alfieri III, Vice President at Moog Inc., reported the vesting of performance-based restricted stock units and related stock transactions, including shares withheld for taxes.
Summary
- Joseph J Alfieri III, Vice President of Moog Inc., acquired 790 shares of Class B Common stock on November 25, 2025, due to the vesting of performance-based restricted stock units granted on November 15, 2022.
- No price was paid for these shares as they were part of an equity incentive compensation plan maintained by Moog Inc.
- Concurrently, 285 shares of Class B Common stock were disposed of at a price of $220 per share to cover tax obligations related to the RSU settlement.
- Following these transactions, Alfieri directly beneficially owns 3,230 shares of Class B Common stock.
- Additionally, 604 equivalent shares are held indirectly in the Moog Inc. Retirement Savings Plan.
- Alfieri holds 1,244 Restricted Stock Units (RSUs) granted under the Moog Inc. 2025 Long Term Incentive Plan, with 33.33% scheduled to vest annually on November 15, 2026, November 15, 2027, and November 15, 2028.
- He also holds Stock Appreciation Rights (SARs) under the Moog Inc. 2014 Long Term Incentive Plan, including 868 SARs (exercise price $85.95, expiring 11/12/2029), 1,089 SARs (exercise price $73.39, expiring 11/17/2030), and 992 SARs (exercise price $83, expiring 11/16/2031).
- These SARs become exercisable ratably over three years beginning on the first anniversary from their respective grant dates.
Sentiment
Score: 6
Explanation: Neutral to slightly positive. The vesting of performance-based units indicates the achievement of company goals, and the transactions are routine for executive compensation. The disposition for taxes is a standard practice and does not suggest negative sentiment.
Positives
- The vesting of performance-based restricted stock units indicates the achievement of specific performance goals by Moog Inc.
- The reporting person continues to hold a significant number of shares and derivative securities, aligning executive interests with those of shareholders.
Negatives
- A portion of the vested shares (285 shares) was disposed of to cover tax liabilities, resulting in a reduction of direct beneficial ownership.
Future Outlook
The remaining 1,244 Restricted Stock Units (RSUs) are scheduled to vest in three equal installments on November 15, 2026, November 15, 2027, and November 15, 2028. Stock Appreciation Rights (SARs) will become exercisable ratably over three years from their respective grant dates.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization Update | Joseph J Alfieri III granted a Limited Power of Attorney to Eric Moss, Will Lashley, and Elwira Kelly to execute and file SEC Forms 3, 4, 5, and 144 on his behalf. | 2025-11-28 | This procedural update streamlines the process for timely and accurate insider transaction reporting for the named officer, ensuring compliance with Section 16(a) of the Securities Exchange Act of 1934 and Rule 144 under the Securities Act of 1933. |
Stakeholder Impact
- Shareholders: The vesting of performance-based awards suggests the company met certain performance criteria, which is generally positive. The executive's continued equity holdings align interests with shareholders.
- Employees: The equity incentive plan provides compensation to executives, which is a standard practice for attracting and retaining talent.
Next Steps
- Future vesting of 1,244 Restricted Stock Units (RSUs) on November 15, 2026, November 15, 2027, and November 15, 2028.
- Stock Appreciation Rights (SARs) will become exercisable ratably over three years from their respective grant dates.
Key Dates
| Date | Description |
|---|---|
| 2022-11-15 | Grant date of performance-based restricted stock units that vested on November 25, 2025. |
| 2025-11-25 | Transaction date for RSU vesting and tax-related share disposition. |
| 2025-11-28 | Date Joseph Alfieri signed the Limited Power of Attorney. |
| 2026-11-15 | First vesting date for 33.33% of the 1,244 new Restricted Stock Units. |
| 2027-11-15 | Second vesting date for 33.33% of the 1,244 new Restricted Stock Units. |
| 2028-11-15 | Third vesting date for 33.33% of the 1,244 new Restricted Stock Units. |
| 2029-11-12 | Expiration date for 868 Stock Appreciation Rights with an exercise price of $85.95. |
| 2030-11-17 | Expiration date for 1,089 Stock Appreciation Rights with an exercise price of $73.39. |
| 2031-11-16 | Expiration date for 992 Stock Appreciation Rights with an exercise price of $83. |
Recommendation
holdThis Form 4 filing details routine executive compensation events, specifically the vesting of performance-based restricted stock units and associated tax withholding. It does not contain new material information regarding the company's operational performance, financial health, or strategic direction that would warrant a change in investment recommendation. The transactions are expected and reflect standard practices for executive equity awards.
Keywords
Moog Inc., MOGA, MOGB, Joseph J Alfieri III, Form 4, Insider Transaction, Restricted Stock Units, RSU, Stock Appreciation Rights, SAR, Executive Compensation, Beneficial Ownership, Equity Incentive Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.