STOCK TITAN

TDG insider 10b5-1 sales; 11,700-share option exercise planned (TDG)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

TDG reported Form 144 activity showing director/officer transactions. The filing lists three 10b5-1 sales of 3,900 shares each on 03/16/2026, 04/15/2026 and 05/15/2026 with proceeds of $4,850,431.17, $4,993,786.98 and $4,500,966.21 respectively. The filing also lists 11,700 shares to be sold on 06/15/2026 via an exercise of stock options for cash, brokered through Morgan Stanley Smith Barney LLC.

Positive

  • None.

Negative

  • None.

Insights

Routine insider dispositions under a 10b5-1 plan plus an option exercise are disclosed.

The excerpt lists three completed 10b5-1 sales of 3,900 shares each on specified March–May 2026 dates, with the exact gross proceeds shown for each sale. These are structured, pre-arranged dispositions rather than ad hoc open-market activity.

The filing also shows an exercise of stock options involving 11,700 shares dated 06/15/2026 with cash proceeds and Morgan Stanley Smith Barney LLC named as the broker. Subsequent filings will show final post-transaction holdings if any; timing and net proceeds after taxes/withholding are not shown in the provided excerpt.

10b5-1 sale (Mar 16 2026) 3,900 shares sale on <date>03/16/2026</date> with proceeds of $4,850,431.17
10b5-1 sale (Apr 15 2026) 3,900 shares sale on <date>04/15/2026</date> with proceeds of $4,993,786.98
10b5-1 sale (May 15 2026) 3,900 shares sale on <date>05/15/2026</date> with proceeds of $4,500,966.21
Exercise of stock options 11,700 shares listed for <date>06/15/2026</date> as exercise of stock options for cash
10b5-1 regulatory
"10b5-1 Sales for JOEL B REISS 1350 Euclid Avenue"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Exercise of Stock Options financial
"Securities To Be Sold ... Exercise of Stock Options"
Issuer regulatory
"Exercise of Stock Options | Issuer | 11700"
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What 10b5-1 sales did TDG disclose on this Form 144?

The filing reports three 10b5-1 sales of 3,900 shares each on 03/16/2026, 04/15/2026, and 05/15/2026, with gross proceeds of $4,850,431.17, $4,993,786.98, and $4,500,966.21 respectively.

Who acted as broker for the transactions listed in the TDG Form 144?

The broker-dealer named is Morgan Stanley Smith Barney LLC at 1 New York Plaza, 8th Floor, New York, NY. The filing lists that broker in the securities-to-be-sold section.

Do the Form 144 entries indicate whether sales were discretionary or pre-arranged?

The three completed sales are labeled as 10b5-1 Sales, indicating they were effected under pre-arranged trading plans rather than discretionary trades on the listed dates.

Are net proceeds or post-transaction holdings shown in the excerpt?

The excerpt shows gross proceeds for each completed sale but does not disclose net proceeds after taxes or the insider's post-transaction holdings in the provided text.