Robert Fauber - 29 Dec 2023 Form 4 Insider Report for MOODYS CORP /DE/ (MCO)

Signature
Elizabeth McCarroll, by power of attorney for Robert Fauber
Issuer symbol
MCO
Transactions as of
29 Dec 2023
Net transactions value
-$856,609
Form type
4
Filing time
02 Jan 2024, 16:22:54 UTC
Previous filing
18 Dec 2023
Next filing
17 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCO Common Stock Sale $390,630 -1,000 -1.8% $390.63 55,099 29 Dec 2023 Direct F1
transaction MCO Common Stock Options Exercise $74,096 +756 +1.4% $98.01 55,855 29 Dec 2023 Direct F2
transaction MCO Common Stock Sale $295,316 -756 -1.4% $390.63 55,099 29 Dec 2023 Direct F2
transaction MCO Common Stock Options Exercise $63,840 +790 +1.4% $80.81* 55,889 29 Dec 2023 Direct F2
transaction MCO Common Stock Sale $308,598 -790 -1.4% $390.63 55,099 29 Dec 2023 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MCO Employee Stock Option (right to buy) Options Exercise $0 -756 -100% $0.000000* 0 29 Dec 2023 Common Stock 756 $98.01 Direct F3
transaction MCO Employee Stock Option (right to buy) Options Exercise $0 -790 -100% $0.000000* 0 29 Dec 2023 Common Stock 790 $80.81 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sale of shares pursuant to a Rule 10b5-1 plan adopted by Mr. Fauber on May 12, 2023.
F2 Exercise and sale of shares pursuant to a Rule 10b5-1 plan adopted by Mr. Fauber on May 12, 2023.
F3 One fourth of options vest each year beginning with the date indicated.