Mock James M 4

What Happened
James M. Mock, Moderna’s Chief Financial Officer, had performance-based restricted stock units (2023 PSUs) vest on Feb 11, 2026, resulting in the acquisition of 2,630 shares (reported at $0.00). To satisfy tax withholding on the vesting, 1,278 shares were withheld/disposed at $41.99 per share, yielding $53,663 in withholding proceeds. The vesting is an award (A) and the withholding is reported as a tax withholding disposition (F).

Key Details

• Transaction date: 2026-02-11; Form 4 filed: 2026-02-13 (filed within normal 2-business-day window).
• Awarded/Acquired: 2,630 shares (vesting of 2023 performance-based RSUs) at $0.00.
• Disposed/Withheld for taxes: 1,278 shares at $41.99, total value $53,663.
• Shares owned after the transaction: not disclosed in the supplied filing data.
• Footnotes: F1 confirms these were 2023 PSUs vesting; F2 confirms shares were withheld at the reporting person’s election to cover tax withholding.
• Transaction codes: A = Award/Grant (vesting); F = Tax withholding (share surrender).

Context
This was a vesting event, not an open-market buy or sale driven by trading intent. The withholding of shares to cover taxes is a common administrative step (a form of cashless settlement) and reduces the net shares delivered to the insider. Such awards reflect compensation recognition rather than a directional trade signal.