TransDigm director exercises options, sells shares

TransDigm Group director W. Nicholas Howley, through his family trust, reported an exercise-and-sell transaction in company stock.

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Form Type

Rhea-AI Filing Summary

TransDigm Group director W. Nicholas Howley, through his family trust, reported an exercise-and-sell transaction in company stock. On June 18, 2026, the W. Nicholas Howley Family Trust exercised 10,132 stock options at an exercise price of $66.47 per share and acquired the same number of common shares.

The trust then sold 10,132 shares of TransDigm common stock in multiple open-market trades, at prices ranging from approximately $1,305 to $1,337.06 per share. Following these transactions, the trust’s indirect holdings in TransDigm common stock were 21,547.513 shares.

Insider Trade Summary

Exercise and Sale: 10,132 shares ($12.70M approx. pre-tax spread)

Exercise and Sale 24 txns

Insider Howley W Nicholas

Role Director

Sold 10,132 shs ($13.37M)

Approx. gross sale proceeds $13.37M

Approx. exercise cost $673K

Approx. pre-tax spread $12.70M

Type	Security	Shares	Price	Value
Exercise	Stock Option	10,132	$0.00	$0.00
Exercise	Common Stock	10,132	$66.47	$673K
Sale	Common Stock	112	$1,305.1903	$146K
Sale	Common Stock	97	$1,308.0466	$127K
Sale	Common Stock	115	$1,308.9183	$151K
Sale	Common Stock	160	$1,310.455	$210K
Sale	Common Stock	964	$1,314.604	$1.27M
Sale	Common Stock	745	$1,315.7106	$980K
Sale	Common Stock	1,376	$1,316.8556	$1.81M
Sale	Common Stock	893	$1,317.7524	$1.18M
Sale	Common Stock	1,925	$1,318.8441	$2.54M
Sale	Common Stock	827	$1,319.8993	$1.09M
Sale	Common Stock	268	$1,321.1328	$354K
Sale	Common Stock	305	$1,321.9143	$403K
Sale	Common Stock	677	$1,323.2652	$896K
Sale	Common Stock	377	$1,324.303	$499K
Sale	Common Stock	257	$1,325.6253	$341K
Sale	Common Stock	200	$1,326.7989	$265K
Sale	Common Stock	245	$1,328.4611	$325K
Sale	Common Stock	47	$1,330.5002	$63K
Sale	Common Stock	13	$1,331.735	$17K
Sale	Common Stock	275	$1,333.6249	$367K
Sale	Common Stock	78	$1,334.7157	$104K
Sale	Common Stock	176	$1,337.0455	$235K

Holdings After Transaction: Stock Option — 21,964 contracts (Indirect, W. Nicholas Howley Family Trust u/a/d 4/23/99); Common Stock — 21,547.513 shares (Indirect, W. Nicholas Howley Family Trust u/a/d 4/23/99)

Footnotes (21)

F1. The exercise price has been adjusted for dividends declared since August 1, 2022.
F10. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,319.3600 - $1,320.3500. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F11. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,320.4000 - $1,321.2800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F12. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,321.4700 - $1,322.1500. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F13. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,322.8500 - $1,323.8300. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F14. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,323.8700 - $1,324.8600. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F15. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,325.3250 - $1,326.0000. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F16. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,326.7500 - $1,327.7300. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F17. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,328.3250 - $1,329.1800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F18. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,330.3500 - $1,331.1900. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F19. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,333.4500 - $1,334.2750. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F2. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,305.0000 - $1,305.2100. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F20. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,334.7100 - $1,335.1550. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F21. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,336.9750 - $1,337.0550. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F3. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,307.4850 - $1,308.3400. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F4. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,308.7700 - $1,309.0450. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F5. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,314.1300 - $1,315.1000. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F6. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,315.2900 - $1,316.2800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F7. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,316.2900 - $1,317.2800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F8. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,317.3150 - $1,318.2900. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
F9. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,318.3600 - $1,319.3050. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

Key Figures

Shares sold: 10,132 shares Options exercised: 10,132 options Exercise price: $66.47 per share +4 more

7 metrics

Shares sold 10,132 shares Total TransDigm common shares sold on June 18, 2026

Options exercised 10,132 options Stock options converted into common shares on June 18, 2026

Exercise price $66.47 per share Adjusted option exercise price for dividends since August 1, 2022

Example sale price $1,337.0455 per share Average price for 176 shares sold in one open-market trade

Sale price range (low) $1,305.00 per share Lower end of reported weighted-average sale price ranges

Sale price range (high) $1,337.06 per share Upper end of reported weighted-average sale price ranges

Shares held after 21,547.513 shares Indirect TransDigm holdings of the Howley family trust after transactions

Key Terms

open-market sale, Stock Option, exercise price, average weighted price, +1 more

5 terms

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Stock Option financial

"security_title": "Stock Option""

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

exercise price financial

"The exercise price has been adjusted for dividends declared since August 1, 2022."

The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.

average weighted price financial

"Price reported constitutes the average weighted price of shares sold."

derivative exercise/conversion financial

"transaction_action": "derivative exercise/conversion""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did TransDigm (TDG) report for W. Nicholas Howley?

TransDigm reported that director W. Nicholas Howley’s family trust exercised 10,132 stock options and sold 10,132 common shares. The activity occurred on June 18, 2026 and was executed through multiple open-market transactions at prices around $1,305–$1,337 per share.

How many TransDigm (TDG) shares did the Howley family trust sell?

The W. Nicholas Howley Family Trust sold 10,132 TransDigm common shares. These sales were broken into multiple open-market trades on June 18, 2026, with reported average prices in a series of narrow ranges between about $1,305 and $1,337 per share.

At what price were the TransDigm (TDG) options exercised by the Howley trust?

The Howley family trust exercised 10,132 TransDigm stock options at an exercise price of $66.47 per share. The filing notes this exercise price has been adjusted for dividends declared since August 1, 2022, reflecting standard anti-dilution adjustments in the option terms.

What were the approximate sale prices for the TransDigm (TDG) shares sold by the Howley trust?

The reported sale prices for the TransDigm shares ranged from about $1,305.00 to $1,337.06 per share. Each line item reflects an average weighted price, with shares sold at varying prices within narrow ranges, as detailed in the accompanying Form 4 footnotes.

How many TransDigm (TDG) shares does the Howley family trust hold after these transactions?

After the June 18, 2026 transactions, the W. Nicholas Howley Family Trust holds 21,547.513 TransDigm common shares indirectly. This post-transaction balance comes from the Form 4’s “shares following transaction” figure for the trust’s indirect ownership position.

Was the TransDigm (TDG) insider transaction an exercise-and-sell pattern?

Yes. The filing shows the Howley family trust exercised 10,132 stock options and acquired 10,132 common shares, then sold 10,132 shares in multiple open-market trades the same day. This represents a classic exercise-and-sell sequence using existing option awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/22/2026 - 04:57 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Howley W Nicholas

(Last)

(First)

(Middle)

1350 EUCLID AVE

SUITE 1600

(Street)

CLEVELAND

OHIO

44115

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
TransDigm Group INC [ TDG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/18/2026		M		10,132	A	$66.47⁽¹⁾	31,679.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		112	D	$1,305.1903⁽²⁾	31,567.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		97	D	$1,308.0466⁽³⁾	31,470.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		115	D	$1,308.9183⁽⁴⁾	31,355.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		160	D	$1,310.455	31,195.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		964	D	$1,314.604⁽⁵⁾	30,231.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		745	D	$1,315.7106⁽⁶⁾	29,486.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		1,376	D	$1,316.8556⁽⁷⁾	28,110.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		893	D	$1,317.7524⁽⁸⁾	27,217.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		1,925	D	$1,318.8441⁽⁹⁾	25,292.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		827	D	$1,319.8993⁽¹⁰⁾	24,465.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		268	D	$1,321.1328⁽¹¹⁾	24,197.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		305	D	$1,321.9143⁽¹²⁾	23,892.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		677	D	$1,323.2652⁽¹³⁾	23,215.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		377	D	$1,324.303⁽¹⁴⁾	22,838.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		257	D	$1,325.6253⁽¹⁵⁾	22,581.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		200	D	$1,326.7989⁽¹⁶⁾	22,381.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		245	D	$1,328.4611⁽¹⁷⁾	22,136.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		47	D	$1,330.5002⁽¹⁸⁾	22,089.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		13	D	$1,331.735	22,076.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		275	D	$1,333.6249⁽¹⁹⁾	21,801.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		78	D	$1,334.7157⁽²⁰⁾	21,723.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	06/18/2026		S		176	D	$1,337.0455⁽²¹⁾	21,547.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option	$66.47	06/18/2026		M			10,132	09/30/2018	11/08/2027	Common Stock	10,132	$0.00	21,964	I	W. Nicholas Howley Family Trust u/a/d 4/23/99

Explanation of Responses:

1. The exercise price has been adjusted for dividends declared since August 1, 2022.

2. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,305.0000 - $1,305.2100. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

3. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,307.4850 - $1,308.3400. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

4. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,308.7700 - $1,309.0450. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

5. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,314.1300 - $1,315.1000. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

6. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,315.2900 - $1,316.2800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

7. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,316.2900 - $1,317.2800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

8. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,317.3150 - $1,318.2900. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

9. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,318.3600 - $1,319.3050. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

10. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,319.3600 - $1,320.3500. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

11. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,320.4000 - $1,321.2800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

12. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,321.4700 - $1,322.1500. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

13. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,322.8500 - $1,323.8300. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

14. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,323.8700 - $1,324.8600. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

15. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,325.3250 - $1,326.0000. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

16. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,326.7500 - $1,327.7300. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

17. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,328.3250 - $1,329.1800. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

18. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,330.3500 - $1,331.1900. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

19. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,333.4500 - $1,334.2750. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

20. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,334.7100 - $1,335.1550. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

21. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,336.9750 - $1,337.0550. The reporting person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.

Remarks:

	/s/ Rachel L. Quinlan as attorney in fact for W. Nicholas Howley	06/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR