secwatch.observer — SEC 8-K summary
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Issuer:     MOODYS CORP /DE/ (MCO)
CIK:        0001059556
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001059556-25-000012
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Moody's adopts executive cash severance policy requiring shareholder vote for payouts >2.99x salary+bonus
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- Policy effective Feb 11, 2025, requires stockholder ratification for any new severance exceeding 2.99x base salary plus target bonus.
- Also applies to amendments that would increase cash severance above that threshold under existing arrangements.
- Adopted by the Compensation & Human Resources Committee of the Board.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059556/000105955625000012/0001059556-25-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059556/000105955625000012/mco-20250211.htm
  HTML page:      https://secwatch.observer/filing/0001059556-25-000012

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer