Walter Jennifer 4

4 · MOOG INC. · Filed Mar 13, 2026

AI-generated summary of this filing

Updated Mar 13, 2026

Moog CFO Jennifer Walter Exercises 1,000 SARs; 613 Shares Withheld

What Happened

Jennifer Walter, Chief Financial Officer of Moog Inc. (MOGA/MOGB), exercised 1,000 Stock Appreciation Rights (SARs) on 2026-03-11. The FMV on the exercise date was $343.39 and the exercise price was about $71.65. As a result, 387 shares were issued to her and 613 shares were withheld to satisfy tax withholding obligations (613 shares withheld valued at approximately $210,498). The filing shows the SARs converted/settled as part of this transaction.

Key Details

Transaction date: 2026-03-11 (Form 4 filed 2026-03-13 — timely filing).
Prices: FMV $343.39; exercise price ≈ $71.65.
Shares issued to insider (net): 387 shares.
Shares withheld/disposed for taxes: 613 shares valued at ≈ $210,498.
Footnotes of note:
- F1: 613 withheld represents the difference between SARs exercised (1,000) and shares issued (387) to cover tax withholding.
- F3/F4: SARs were granted under the Moog 2014 Long Term Incentive Plan and vest ratably over three years beginning one year after grant.
- F2/F5/F6: Other footnotes reference retirement plan and RSU program details included in the filing but not directly part of this exercise.
Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

This was a cashless-style settlement of SARs (derivative exercise), not an open‑market purchase or discretionary sale — part of routine executive equity compensation settlement. Withheld shares are a common mechanism to satisfy tax withholding and do not necessarily indicate a separate sale decision.

Form 4

Period: 2026-03-11

CFO

Transactions

Exercise/Conversion
Class B Common
2026-03-11$71.65/sh+1,000$71,648→ 15,294 total
Tax Payment
Class B Common
[F1]
2026-03-11$343.39/sh−613$210,498→ 14,681 total
Exercise/Conversion
SAR
[F3][F4]
2026-03-11−1,000→ 0 total
Exercise: $71.65Exp: 2026-11-15→ Class B Common (1,000 underlying)

Holdings

Class A Common
4,604
Class B Common
[F2]
(indirect: 401 (k))
770
SAR
[F3][F4]
Exercise: $82.31Exp: 2027-11-14→ Class B Common (1,611 underlying)
1,611
SAR
[F3][F4]
Exercise: $80.19Exp: 2028-11-13→ Class B Common (1,741 underlying)
1,741
SAR
[F3][F4]
Exercise: $85.95Exp: 2029-11-12→ Class B Common (11,323 underlying)
11,323
SAR
[F3][F4]
Exercise: $73.39Exp: 2030-11-17→ Class B Common (7,611 underlying)
7,611
SAR
[F3][F4]
Exercise: $83.00Exp: 2031-11-16→ Class B Common (6,539 underlying)
6,539
RSU
[F5][F6]
→ Class B Common (1,532 underlying)
1,532

Footnotes (6)

[F1]This represents the difference between the number of SARs exercised (1,000) and the number of shares issued as a result of the exercise (387). 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 ($343.39) and the exercise price ($71.648). Additional shares are then withheld to satisfy the Company's tax withholding obligations.
[F2]Reflects equivalent shares held in Moog Inc. Retirement Savings Plan as of the most recent report to participants.
[F3]Stock Appreciation Rights (SAR) granted under the Moog Inc. 2014 Long Term Incentive Plan.
[F4]SARs become exercisable ratably over three years beginning on the first anniversary from the date of grant.
[F5]Restricted Stock Units (RSU) granted under the Moog Inc. 2025 Long Term Incentive Plan. 33.33% of the total RSUs granted will each vest on November 15, 2026; November 15, 2027; and November 15, 2028.
[F6]Each RSU represents a contingent right to receive one share of Moog Inc.'s Class B common stock.

Signature

/s/ Eric Moss, as Power of Attorney for Jennifer Walter|2026-03-12

1 file