Esperdy Therese 4
Research Summary
AI-generated summary
MCO Director Therese Esperdy Receives 15.89-Share RSU Award
What Happened
- Therese Esperdy, a director of Moody's Corp (MCO), was credited with 15.89 shares on 2026-03-13 as an award/acquisition (transaction code A). The reported acquisition price is $0.00, so the immediate cash value reported is $0.
- This was not a market purchase or sale but dividend-equivalent shares related to unvested RSUs (no sale or open-market purchase signal).
Key Details
- Transaction date: 2026-03-13; Filing date (Form 4): 2026-03-17 (appears timely under the two-business-day rule).
- Price reported: $0.00; Total reported cash consideration: $0.
- Shares acquired: 15.89 (described as RSU deferred dividend reinvestment accrual/dividend equivalents).
- Shares owned after the transaction: not specified in the provided filing details.
- Footnote: These are dividend equivalents on an exempt grant of unvested RSUs that will vest and settle with the underlying award (per filing footnote).
Context
- Dividend-equivalent awards on unvested RSUs are typically bookkeeping credits that reflect reinvested dividends and will convert to shares only when the related RSUs vest and are settled. They are different from open-market buys or exercises and do not by themselves indicate a trading view on the stock.