TDG insider Kevin Stein exercises options and trims share stake
Rhea-AI Filing Summary
TransDigm Group Inc. (TDG) director Kevin Stein reported an option exercise and related share sales on 11/18/2025, all held indirectly through the Fortuna Trust dated June 1, 2018. A stock option for 7,191 shares of common stock was exercised at an adjusted price of $105.88 per share.
The shares acquired on exercise were then sold in multiple open-market transactions the same day, using weighted-average prices, with example sales including 3,580 shares at $1,360.2775 and 1,531 shares at $1,362.6356. The filing notes that the exercise price has been adjusted for dividends declared since August 1, 2022. After these transactions, the trust beneficially owns 8,158 shares of TransDigm common stock and 65,609 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 7,191 | $0.00 | -- |
| Exercise | Common Stock | 7,191 | $105.88 | $761K |
| Sale | Common Stock | 3,580 | $1,360.2775 | $4.87M |
| Sale | Common Stock | 848 | $1,361.8949 | $1.15M |
| Sale | Common Stock | 1,531 | $1,362.6356 | $2.09M |
| Sale | Common Stock | 1,162 | $1,363.7275 | $1.58M |
| Sale | Common Stock | 70 | $1,364.585 | $96K |
Footnotes (1)
- The exercise price has been adjusted for dividends declared since August 1, 2022. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,360.0000- $1,360.9999. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,361.2300- $1,362.2299. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,362.2400- $1,363.2399. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,363.2600- $1,364.2599. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,364.5850- $1,365.5849. 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.
FAQ
What insider transaction did TransDigm (TDG) report in this Form 4?
The Form 4 reports that director Kevin Stein, through the Fortuna Trust dated June 1, 2018, exercised a stock option for 7,191 shares of TransDigm common stock at an exercise price of $105.88 per share on 11/18/2025, followed by multiple open-market sales of the acquired shares.
Why was the TransDigm (TDG) stock option exercise price adjusted?
The explanation notes that the $105.88 exercise price of the stock option has been adjusted to reflect dividends declared since August 1, 2022. This adjustment aligns the option terms with dividend distributions made after that date.
How is the TransDigm (TDG) insider’s ownership held according to the Form 4?
All reported holdings and transactions are indicated as indirect, with ownership held through the Fortuna Trust dated June 1, 2018. The reporting person is identified as a director of TransDigm Group Inc.