AI English summary of an SEC filing — figures as filed

Moody's said its Compensation & Human Resources Committee adopted and approved the Executive Officer Cash Severance Policy on February 11, 2025, effective the same day.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Feb 12, 2025Period of report Feb 11, 2025Summary published (UTC) Oct 16, 2026

Key points

AI summary

Moody's said its Compensation & Human Resources Committee adopted and approved the Executive Officer Cash Severance Policy on February 11, 2025, effective the same day.
The company said the policy requires stockholder ratification of any new arrangement, agreement, plan or policy providing cash severance benefits above 2.99 times the sum of an executive officer's base salary and target annual bonus opportunity.
It also said the policy requires stockholder ratification of any amendment that would increase cash severance benefits under an existing arrangement, agreement, plan or policy above 2.99 times the sum of base salary and target annual bonus opportunity.
The company said its description of the policy is qualified by the full text of the Moody's Corporation Executive Officer Cash Severance Policy, which is included as Exhibit 10.1 and is included in the filing.

Summary

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Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Adoption of Executive Officer Cash Severance Policy

Moody's said its Compensation & Human Resources Committee adopted and approved the Executive Officer Cash Severance Policy on February 11, 2025, effective the same day.

Source · Based on the filing body and exhibits

Stockholder Approval Required Above 2.99 Times for New Cash Severance

The company said the policy requires stockholder ratification of any new arrangement, agreement, plan or policy providing cash severance benefits above 2.99 times the sum of an executive officer's base salary and target annual bonus opportunity.

Source · Based on the filing body and exhibits

Stockholder Approval Also Required for Increases to Existing Arrangements

It also said the policy requires stockholder ratification of any amendment that would increase cash severance benefits under an existing arrangement, agreement, plan or policy above 2.99 times the sum of base salary and target annual bonus opportunity.

Source · Based on the filing body and exhibits

Full Policy Text Attached as Exhibit 10.1

The company said its description of the policy is qualified by the full text of the Moody's Corporation Executive Officer Cash Severance Policy, which is included as Exhibit 10.1 and is included in the filing.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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