Moody's Officer Michael L. West Files Form 144 to Sell $4.85M in Common Stock

Transaction Summary

Moody's Corporation officer Michael L. West filed a Form 144 on October 29, 2026, signaling an intention to sell 9,946 shares of common stock with an aggregate market value of approximately $4.85 million. The planned sale is being routed through Fidelity Brokerage Services LLC on the New York Stock Exchange.

Acquisition and Share Origin

The shares to be sold stem from two separate corporate equity incentive events:

• 9,746 shares: Acquired via stock option exercise on October 29, 2026, paid in cash.
• 200 shares: Acquired through restricted stock vesting on March 1, 2026, as compensation.

Market and Ownership Context

• Estimated Execution Price: ~$488.00 per share.
• Share Dilution/Float Impact: The proposed sale represents approximately 0.0058% of the company's 172.4 million shares outstanding, presenting negligible dilution or float impact.
• Significance Assessment: Medium. While the dollar amount is material ($4.85 million), the disposition is primarily an exercise-and-sell transaction (98% of the block originates from simultaneous option exercises), which is standard executive compensation monetization rather than an unhedged liquidation of existing core holdings.