[Form 4] TransDigm Group INC Insider Trading Activity
David Barr, a director of TransDigm Group Inc. (TDG), reported a Form 4 disclosing a non‑derivative acquisition of company common stock on 09/19/2025. The filing shows an acquisition coded A for "36(1)" shares with a listed price of $1,288.13 and reports 32,138 shares beneficially owned following the transaction. The explanation states the shares were received in lieu of a semi‑annual director fee under the companys Director Share Plan. The form is signed by an attorney‑in‑fact on 09/22/2025.
- Director compensation delivered as equity under the Director Share Plan aligns the reporting person's interests with shareholders
- Transaction is routine and transparent, with an explicit explanation and a signed filing by attorney‑in‑fact
- None.
Insights
TL;DR: Director received equity in lieu of cash fees, aligning pay with shareholder interests without indicating material change in holdings.
The filing documents a routine director compensation payment made under an established Director Share Plan rather than an open‑market purchase. The reported increment—shown as "36(1)" shares—appears small relative to the total beneficial ownership reported (32,138 shares), suggesting no material shift in control or stake. This treatment supports alignment of interests between management and shareholders while conserving company cash.
TL;DR: A routine in‑kind director fee resulted in a modest increase in direct holdings; no material dilution or trading signal is present.
The transaction code is A and the explanation explicitly states the shares were issued instead of a cash fee per the Director Share Plan. The filing lists a price of $1,288.13 and reports 32,138 shares after the grant. This is a standard Section 16 filing reflecting compensation mechanics, not a market purchase or sale that would imply a change in insider sentiment.