SVP General Counsel Richard Steele sold 1,457 shares at $508.02–$509.63 for $741,360.44, reducing MCO holdings by 51.2%.
Richard Steele, SVP and General Counsel at Moody's, executed two separate sales on 2025-07-29 totaling 1,457 shares for $741,360.44 at prices between $508.02 and $509.63, reducing his post-transaction holdings from 2,843 to 1,386 shares. His prior three open-market sales at MCO occurred in mid-2024 and generated positive average 90-day returns (+1.2%, +1.3%, +2.8%), with 0 of 3 being well-timed by the metric of stock decline post-sale. MCO trades near all-time highs at $512.62, only 2.8% below its 52-week peak of $527.48, and the company reports strong fundamentals with 19.8% annual revenue growth and a market cap of $91,964,028,000.00. The disposal represents a substantial reduction in his equity stake but occurs in a context of historically positive post-sale returns at this ticker and no discernible timing advantage in his prior sales behavior.