FISHBACK DONALD R 4
4 · MOOG INC. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
Moog (MOGA/MOGB) Director Donald Fishback Exercises SARs, Shares Withheld
What Happened Donald R. Fishback, a director of Moog Inc., exercised 5,000 Stock Appreciation Rights (SARs) on July 8, 2026. The filing shows an exercise-related acquisition amount of $358,240 (5,000 shares at $71.65) and a tax-withholding disposition of 2,962 shares at the fair market value of $428.40 each (totaling $1,268,921). After withholding shares to satisfy taxes, 2,038 shares were issued to Mr. Fishback. The 5,000 SARs were extinguished as part of this transaction.
Key Details
- Transaction date: July 8, 2026; filing date: July 10, 2026 (filed two days after the transaction).
- Exercise details: 5,000 SARs exercised (reported under code M); acquisition entry shown as 5,000 @ $71.65 = $358,240.
- Tax withholding: 2,962 shares withheld/disposed at $428.40/share = $1,268,921 (reported under code F).
- Net shares issued: 2,038 shares (5,000 exercised less 2,962 withheld).
- Derivative extinguished: 5,000 SARs reported disposed at $0 (reflects exercise/settlement).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: SARs granted under Moog’s 2014 Long Term Incentive Plan; footnote notes withheld shares were used to satisfy tax withholding obligations and explains the share-issuance calculation. SARs vest ratably over three years from grant date.
Context This was a cashless/net-share settlement of SARs (exercise resulted in issuance of net shares and withholding of shares for taxes), which is a common, routine way to satisfy tax obligations on equity awards. The withheld shares were not an independent open-market sale by the director and therefore are typically viewed as administrative/tax-related rather than a discretionary sell signal.
Insider Transaction Report
- Exercise/Conversion
Class B Common
2026-07-08$71.65/sh+5,000$358,240→ 21,853 total - Tax Payment
Class B Common
[F1]2026-07-08$428.40/sh−2,962$1,268,921→ 18,891 total - Exercise/Conversion
SAR
[F7][F8]2026-07-08−5,000→ 0 totalExercise: $71.65Exp: 2026-11-15→ Class B Common (5,000 underlying)
- 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
[F4] - 4,636(indirect: By Trust)
Class A Common
[F6] - 6,181
SAR
[F7][F8]Exercise: $82.31Exp: 2027-11-14→ Class B Common (6,181 underlying) - 6,988
SAR
[F7][F8]Exercise: $80.19Exp: 2028-11-13→ Class B Common (6,988 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 (2,038). 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 ($428.40) and the exercise price ($71.648). 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.