Moody's Corporation announced that on December 16, 2025, its Board of Directors approved an amendment and restatement of the company's 2001 Key Employees’ Stock Incentive Plan. The updates primarily revise the conditions for employees receiving "Retirement" treatment for their equity awards and introduce other administrative clarifications.
Key Details
- Retirement Treatment Conditions: Employees seeking "Retirement" treatment for equity awards must now be in "Good Standing" and in compliance with all post-termination obligations under the plan.
- Release of Claims: The company is now permitted to require a release of claims from an employee as a condition for receiving Retirement treatment for their equity awards.
- Administrative Updates: The amendment adds flexibility for Restricted Stock Unit (RSU) vesting schedules and clarifies that equity treatment upon an employee's death or disability will match current company practice, removing the need for specific committee approval.