MOOG INC.·4

Jun 15, 1:48 PM ET

FISHBACK DONALD R 4

4 · MOOG INC. · Filed Jun 15, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-06-11
MOOG INC.MOGA/MOGB
Transactions
  • Exercise/Conversion

    Class B Common

    2026-06-11$71.65/sh+5,000$358,24019,871 total
  • Tax Payment

    Class B Common

    [F1]
    2026-06-11$398.00/sh3,018$1,201,16416,853 total
  • Exercise/Conversion

    SAR

    [F7][F8]
    2026-06-115,0005,000 total
    Exercise: $71.65Exp: 2026-11-15Class B Common (5,000 underlying)
Holdings
  • Class A Common

    [F2]
    (indirect: By Trust)
    9,273
  • Class A Common

    [F3]
    (indirect: By Trust)
    8,002
  • Class A Common

    [F4]
    (indirect: By Trust)
    7,501
  • Class A Common

    [F5]
    (indirect: By Trust)
    6,626
  • Class A Common

    (indirect: By Trust)
    6,400
  • Class A Common

    [F6]
    (indirect: By Trust)
    4,636
  • SAR

    [F7][F8]
    Exercise: $80.19Exp: 2028-11-13Class B Common (6,988 underlying)
    6,988
  • SAR

    [F7][F8]
    Exercise: $82.31Exp: 2027-11-14Class B Common (6,181 underlying)
    6,181
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

Documents

1 file
  • 4
    wk-form4_1781545707.xmlPrimary

    FORM 4