Scannell John 4
Research Summary
AI-generated summary
Moog Inc. (MOGA/MOGB) Director John Scannell Sells Shares
What Happened
John Scannell, a director of Moog Inc., sold a total of 3,000 shares in open-market transactions on June 9, 2026, realizing roughly $1,120,733. The sales were executed in three lots: 1,000 shares at $372.83 ($372,830), 1,326 shares at a weighted average reported $373.83 ($495,699), and 674 shares at a weighted average reported $374.19 ($252,204). These were outright sales (transaction code S), which are typically routine dispositions and do not by themselves indicate company performance.
Key Details
- Transaction date: June 9, 2026; Form 4 filed June 11, 2026 (filed within the usual two-business-day window).
- Sales detail:
- 1,000 shares @ $372.83 = $372,830
- 1,326 shares @ $373.83 (weighted avg; see footnote F1) = $495,699
- 674 shares @ $374.19 (weighted avg; see footnote F2) = $252,204
- Total shares sold: 3,000; total proceeds ≈ $1,120,733.
- Post-transaction holdings: Not specified in the excerpt provided.
- Notable footnotes:
- F1/F2: Reported prices are weighted averages; sales within price ranges (F1: $373.53–$373.99; F2: $374.00–$374.29). The filer can provide per-trade breakouts on request.
- F3: Mentions equivalent shares held in Moog’s Retirement Savings Plan as of the most recent participant report.
- F4/F5: Refer to Stock Appreciation Rights (SARs) under Moog’s LTIP and vesting schedule (SARs vest ratably over three years); these sales were open-market sales, not SAR exercises.
Context
- Sales by directors are common and can reflect portfolio management, tax/liquidity needs, or scheduled selling — they are not direct endorsements or warnings about company prospects.
- Because this was an open-market sale (S), there was no options exercise or cashless transaction involved.
- If you track insider activity for signals, purchases typically carry more weight than routine sales; note the filing was timely.