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MOOG INC.·4

Mar 11, 12:02 PM ET

WILKINSON PAUL 4

4 · MOOG INC. · Filed Mar 11, 2026

Research Summary

AI-generated summary of this filing

Updated

Moog VP Paul Wilkinson Exercises 1,000 SARs; 617 Shares Withheld

What Happened Paul Wilkinson, Vice President of Moog Inc. (MOGA/MOGB), exercised 1,000 Stock Appreciation Rights (SARs) on March 9, 2026. He paid the exercise-related amount of $71,648 and received 383 shares of Class B common stock; an additional 617 shares were withheld to cover tax withholding obligations (value withheld ≈ $211,872). The market value (FMV) used in the filing was $343.39 per share.

Key Details

  • Transaction date: 2026-03-09. Transaction codes: M (exercise/conversion of derivative) and F (payment of tax liability via share withholding).
  • Exercise price paid: $71,648 (1,000 SARs at ~$71.65 each as reported).
  • Shares issued to insider: 383 shares (≈ $131,518 at $343.39/share).
  • Shares withheld for taxes: 617 shares (≈ $211,872).
  • Gross FMV of the 1,000 SARs: $343,390; implied intrinsic value (FMV − exercise price) ≈ $271,742.
  • Shares owned after the transaction: not specified in the provided excerpt of the Form 4.
  • Relevant footnotes: F2 explains that 1,000 SARs were exercised but only 383 shares were issued because 617 shares were withheld to satisfy tax withholding; F5/F6 identify the awards as SARs under the 2014 LTIP with multi‑year vesting.

Context

  • This was effectively a cashless exercise: SARs were exercised and a portion of the shares were withheld to cover taxes rather than selling shares on the open market.
  • The filing shows an exercise of derivative awards, not an open‑market sale or purchase of existing shares; such exercises are common for employees realizing vested compensation and do not by themselves indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-09
MOOG INC.MOGA/MOGB
WILKINSON PAUL
Vice President
Transactions
  • Exercise/Conversion

    Class B Common

    [F1]
    2026-03-09$71.65/sh+1,000$71,648→ 8,261 total
  • Tax Payment

    Class B Common

    [F2]
    2026-03-09$343.39/sh−617$211,872→ 7,644 total
  • Exercise/Conversion

    SAR

    [F5][F6]
    2026-03-09−1,000→ 1,000 total
    Exercise: $71.65Exp: 2026-11-15→ Class B Common (1,000 underlying)
Holdings

  • Class A Common

    581

  • Class A Common

    [F3]
    (indirect: SIP)
    198

  • Class B Common

    [F4]
    (indirect: By 401(k))
    2,009

  • SAR

    [F5][F6]
    Exercise: $82.31Exp: 2027-11-14→ Class B Common (6,181 underlying)
    6,181

  • SAR

    [F5][F6]
    Exercise: $80.19Exp: 2028-11-13→ Class B Common (6,988 underlying)
    6,988

  • SAR

    [F5][F6]
    Exercise: $85.95Exp: 2029-11-12→ Class B Common (6,794 underlying)
    6,794

  • SAR

    [F5][F6]
    Exercise: $73.39Exp: 2030-11-17→ Class B Common (4,452 underlying)
    4,452

  • SAR

    [F5][F6]
    Exercise: $83.00Exp: 2031-11-16→ Class B Common (3,737 underlying)
    3,737

  • RSU

    [F7][F8]
    → Class B Common (766 underlying)
    766
Footnotes (8)
  • [F1]Includes 63 shares of Class B common stock acquired under the Moog Inc. Employee Stock Purchase Plan on December 31, 2025.
  • [F2]This represents the difference between the number of SARs exercised (1,000) and the number of shares issued as a result of the exercise (383). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($343.39) and the exercise price ($71.648). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
  • [F3]Reflects shares held in Moog UK Share Incentive Plan (SIP) as of the most recent statement to participants.
  • [F4]Reflects equivalent shares held in Moog Inc. Retirement Savings Plan as of the most recent report to participants.
  • [F5]Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan.
  • [F6]SARs become exercisable ratably over three years beginning on the first anniversary from the date of grant.
  • [F7]Restricted Stock Units (RSU) granted under the Moog Inc. 2025 Long Term Incentive Plan. 33.33% of the total RSUs granted will each vest on November 15, 2026; November 15, 2027; and November 15, 2028.
  • [F8]Each RSU represents a contingent right to receive one share of Moog Inc.'s Class B common stock.
Signature
/s/ Eric Moss, as Power of Attorney for Paul Wilkinson|2026-03-11

Documents

1 file
  • 4
    wk-form4_1773244919.xmlPrimary

    FORM 4