FISHBACK DONALD R 4
4 · MOOG INC. · Filed Jun 15, 2026
Research Summary
AI-generated summary of this filing
Moog (MOGA/MOGB) Director Donald Fishback Exercises SARs, Nets 1,982 Shares
What Happened
- Donald R. Fishback, a director of Moog Inc., exercised 5,000 Stock Appreciation Rights (SARs) on 2026-06-11. The SARs had an exercise price of $71.65 and the fair market value (FMV) on the exercise date was $398.00.
- Gross value of the SARs = 5,000 × $398.00 = $1,990,000. Reported exercise cost = $358,240. The company withheld 3,018 shares to satisfy tax withholding (valued at $1,201,164), and Fishback received 1,982 net shares (valued at $788,836).
Key Details
- Transaction date: 2026-06-11; Form 4 filed: 2026-06-15 (timely — within the required reporting window).
- Reported entries: Exercise/conversion of derivative (SARs) and a tax-withholding disposition of 3,018 shares at $398.00.
- Net shares issued: 1,982 after withholding; 3,018 shares were withheld for taxes (cashless-style settlement).
- Notable footnotes: F1 explains the withholding (difference between 5,000 SARs exercised and 1,982 shares issued). F7/F8 indicate SARs were granted under Moog’s 2014 LTIP and vest ratably over three years from grant.
- Shares owned after the transaction: not provided in the supplied excerpt.
Context
- This was an exercise of SARs (a derivative award). The settlement was effectively cashless: the company withheld shares to cover taxes rather than Fishback paying cash, so he received fewer shares than the number of SARs exercised.
- Exercises and routine tax-withholdings are common for executives and directors and do not by themselves indicate a change in insider sentiment.
Insider Transaction Report
Form 4
MOOG INC.MOGA/MOGB
FISHBACK DONALD R
Director
Transactions
- Exercise/Conversion
Class B Common
2026-06-11$71.65/sh+5,000$358,240→ 19,871 total - Tax Payment
Class B Common
[F1]2026-06-11$398.00/sh−3,018$1,201,164→ 16,853 total - Exercise/Conversion
SAR
[F7][F8]2026-06-11−5,000→ 5,000 totalExercise: $71.65Exp: 2026-11-15→ Class B Common (5,000 underlying)
Holdings
- 9,273(indirect: By Trust)
Class A Common
[F2] - 8,002(indirect: By Trust)
Class A Common
[F3] - 7,501(indirect: By Trust)
Class A Common
[F4] - 6,626(indirect: By Trust)
Class A Common
[F5] - 6,400(indirect: By Trust)
Class A Common
- 4,636(indirect: By Trust)
Class A Common
[F6] - 6,988
SAR
[F7][F8]Exercise: $80.19Exp: 2028-11-13→ Class B Common (6,988 underlying) - 6,181
SAR
[F7][F8]Exercise: $82.31Exp: 2027-11-14→ Class B Common (6,181 underlying)
Footnotes (8)
- [F1]This represents the difference between the number of SARs exercised (5,000) and the number of shares issued as a result of the exercise (1,982). 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 ($398.00) and the exercise price ($71.65). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
- [F2]Shares held by an irrevocable trust of which the reporting person's spouse is the trustee.
- [F3]Shares held by a living trust of which the reporting person is the trustee.
- [F4]Shares held by a grantor retained annuity trust of which the reporting person is the trustee.
- [F5]Shares held by a living trust of which the reporting person's spouse is the trustee.
- [F6]Shares held by a grantor retained annuity trust of which the reporting person's spouse is the trustee.
- [F7]Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan.
- [F8]SARs become exercisable ratably over three years beginning on the first anniversary from the date of grant.
Signature
/s/ Eric Moss, as Power of Attorney for Donald R. Fishback|2026-06-15