TransDigm CEO receives performance-vested options expiring 2035
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransDigm Group (TDG) disclosed a Form 4 showing its President & CEO, Michael Lisman, received stock option grants on 11/04/2025. Two awards were reported with an exercise price of $1,291.97 and an expiration of 11/04/2035 (Transaction Code: A). The first grant covers 75,696 options; the second covers 3,907 options. Both were acquired at $0 for the derivative security and are listed as Direct (D) ownership.
Vesting is performance-based: the 75,696 options vest 20% per year over five years beginning September 30, 2026, subject to annual operating performance targets. The 3,907 options vest 80% in 2026 and 20% in 2027, subject to similar targets.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lisman Michael
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 75,696 | $0.00 | -- |
| Grant/Award | Stock Option | 3,907 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 75,696 shares (Direct)
Footnotes (1)
- These options are exercisable at 20% per year over five years beginning September 30, 2026 subject to the achievement of annual operating performance targets in each year These options are exercisable at 80% in 2026 and 20% in 2027 subject to achievement of annual operating performance targets each year.
FAQ
What did TDG disclose in this Form 4?
Stock option grants to President & CEO Michael Lisman on 11/04/2025, reported as awards (Code A).
How many options were granted to TDG’s CEO and at what price?
Two grants: 75,696 and 3,907 options with an exercise price of $1,291.97.
What are the vesting terms for the TDG CEO’s options?
75,696: 20% per year over five years beginning September 30, 2026, performance-based. 3,907: 80% in 2026 and 20% in 2027, performance-based.
When do the TDG CEO’s options expire?
Both option grants have an expiration date of 11/04/2035.
How were the options reported for ownership form?
Both grants are reported as Direct (D) ownership.