secwatch.observer — SEC 8-K summary
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Issuer:     MOODYS CORP /DE/ (MCO)
CIK:        0001059556
Form:       8-K
Filed at:   2024-02-23T23:59:59+00:00
Accession:  0001193125-24-044494
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Moody's grants $10M and $5M strategic incentive awards to presidents of MA and MIS
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- MA President received $10M award (67% PSUs, 33% options); MIS President received $5M award.
- PSUs vest based on MA's recurring revenue growth and adj. op. margin; MIS's adj. op. margin; 4-year period to Dec 2027.
- Options vest 50% after 2 years, 50% after 4 years.
- Also granted performance-based retention PSUs to other key executives (excl. CEO and Presidents) over 24 months to Dec 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1059556/000119312524044494/0001193125-24-044494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1059556/000119312524044494/d721168d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-044494

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