October 28, 2025 · Form 4 insider transaction
GUNDERMANN PETER J sold 790 shares of MOGA/MOGB at $208.77 per share, a transaction worth $164.9K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
This represents the difference between the number of SARs exercised (2,500) and the number of shares issued as a result of the exercise (1,710). The number of shares to be issued under a SAR exercise is determined by multiplying the number of SARs being exercised by the difference between the FMV on the date of exercise ($208.7731) and the exercise price ($65.90).