TransDigm director receives 30-share equity grant
Santana Michele reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Santana Michele reported acquisition or exercise transactions in this Form 4 filing.
TransDigm Group INC director Michele Santana received 30 shares of Common Stock as a compensation award. The shares were valued at $1,214.66 each and were issued in lieu of a semi-annual director cash fee, based on fair market value under the company’s Director Share Plan. After this grant, Santana directly holds 771 TransDigm shares, reflecting routine equity-based board compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insights
Routine director equity grant, small relative to holdings and non-market.
Director Michele Santana received 30 TransDigm shares as a stock grant, valued at $1,214.66 per share. The footnote explains this is stock in lieu of a semi-annual director fee, consistent with a standard director share plan.
This transaction is classified as an acquisition by grant (code A), not an open-market purchase. Following the award, Santana directly holds 771 shares, so the grant represents a modest increase. As a routine compensation event, it carries limited signaling value for the company’s outlook.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30 | $1,214.66 | $36K |
Footnotes (1)
- F1. Receipt of stock in lieu of payment of semi-annual director fee, based on fair market value in accordance with the Director Share Plan.
FAQ
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What did TransDigm (TDG) director Michele Santana report in this Form 4?
Was Michele Santana’s TransDigm (TDG) Form 4 transaction a stock purchase or a grant?
Does Michele Santana’s Form 4 filing for TransDigm (TDG) indicate any stock sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.