Director Keith Demmings filed a Form 4 with the SEC on November 3, 2026, disclosing two transactions in Moody's Corp /DE/ (NYSE:MCO) securities dated November 2, 2026: an exempt grant of 458 restricted stock units and an acquisition of 162.237 Phantom Stock Units tied to deferred retainer fees.

Key Highlights

  • RSU grant: Demmings acquired 458 shares of Common Stock via an exempt grant of restricted stock units on 11/02/2026 at a price of $0, held directly.
  • Phantom Stock Units: 162.237 Phantom Stock Units (Deferred Compensation) were acquired on 11/02/2026 at a price of $506.02, held directly.
  • Deferred retainer fees: The Phantom Stock Units arose from the reporting person's election to defer receipt of retainer fees, according to the filing.
  • Cash settlement: The Phantom Stock Units are to be settled in cash after the reporting person's retirement, as stated in the filing.
  • One-for-one conversion: Each Phantom Stock Unit converts to common stock on a one-for-one basis, per the filing's explanation of responses.
  • Resulting ownership: Following the transactions, Demmings directly holds 458 shares of Common Stock and 162.237 Phantom Stock Units.

Demmings' November 2026 Equity and Deferred Compensation Transactions at Moody's

According to the Form 4 filed on November 3, 2026, Keith Demmings, identified as a Director of Moody's Corp /DE/ (NYSE:MCO), reported two separate acquisitions occurring on November 2, 2026. The first was an exempt grant of restricted stock units resulting in 458 shares of Common Stock acquired at a price of $0, now held directly. The filing's explanation notes this grant as "exempt grant of restricted stock units."

The second transaction involved 162.237 Phantom Stock Units under the company's Deferred Compensation arrangement. The filing states these units arose from Demmings' election to defer receipt of retainer fees, with each unit converting to common stock on a one-for-one basis. The acquisition price was listed as $506.02, and the filing specifies that these units "are to be settled in cash after the Reporting Person's retirement." Following this transaction, Demmings directly holds 162.237 Phantom Stock Units.

The form was signed by Elizabeth McCarroll, by power of attorney for Keith Demmings, on November 3, 2026. No amendment date was indicated, and the filing was made by one reporting person. No derivative securities beyond the Phantom Stock Units were reported, and no disposals were disclosed in either table.

What Was Disclosed

The filing disclosed an exempt RSU grant of 458 shares of Common Stock at $0 and an acquisition of 162.237 Phantom Stock Units at $506.02, both on November 2, 2026, by Director Keith Demmings of Moody's Corp /DE/ (NYSE:MCO).