Fauber Robert 4

What Happened
Robert Fauber, President & CEO of Moody's Corp (MCO), exercised stock options and sold the resulting shares under a pre-set trading plan. On 2026-02-02 he exercised 592 options at $113.34 per share (cost $67,097) and sold those 592 shares at $516.15 each for $305,561. On 2026-02-03 he exercised 575 options at $167.50 per share (cost $96,313) and sold those 575 shares at $498.90 each for $286,868. In total he exercised 1,167 options and generated gross sale proceeds of $592,429 (exercise costs shown of $163,410).

Key Details

• Transaction dates/prices:
  • 2026-02-02: exercised 592 @ $113.34 (acquired), sold 592 @ $516.15 (disposed)
  • 2026-02-03: exercised 575 @ $167.50 (acquired), sold 575 @ $498.90 (disposed)
• Total: 1,167 shares exercised and sold; gross proceeds ≈ $592,429; exercise costs shown ≈ $163,410.
• Footnotes: F1 — transactions were executed pursuant to a Rule 10b5-1 plan adopted July 30, 2025. F2 — options vest one-fourth each year per the option terms.
• Derivative entries with $0 consideration reflect the mechanics of the option exercise/cashless settlement reported on the Form 4.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Timeliness: Report filed on 2026-02-04 for transactions on 2026-02-02/03 (appears timely per Form 4 rules).

Context
This was an exercise of options followed by immediate sale of the resulting shares (a cashless or same-day sale pattern). The sales were made under a pre-established 10b5-1 plan, which typically schedules trades in advance; such sales are commonly used for liquidity or diversification and do not by themselves indicate management’s view of the company’s near-term prospects.