TransDigm (NYSE: TDG) COO exercises options, sells 3,900 shares in open‑market trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransDigm Group Co‑Chief Operating Officer Joel Reiss exercised stock options to acquire 3,900 shares of common stock at a strike price of $284.97 per share, then sold 3,900 shares in multiple open‑market trades on June 15, 2026 at prices between $1,268.61 and $1,288.04.
Following these transactions, he holds 7,500 common shares directly. The sales represent a little over half of his reported direct holdings, and the filing does not show any related tax‑withholding or gift transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,900 shares ($4,979,457)
Net Sell
20 txns
Insider
Reiss Joel
Role
Co-Chief Operating Officer
Sold
3,900 shs ($4.98M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 3,900 | $0.00 | -- |
| Exercise | Common Stock | 3,900 | $284.97 | $1.11M |
| Sale | Common Stock | 32 | $1,268.8672 | $41K |
| Sale | Common Stock | 58 | $1,270.0216 | $74K |
| Sale | Common Stock | 146 | $1,271.2884 | $186K |
| Sale | Common Stock | 174 | $1,272.381 | $221K |
| Sale | Common Stock | 300 | $1,273.3296 | $382K |
| Sale | Common Stock | 600 | $1,274.3513 | $765K |
| Sale | Common Stock | 502 | $1,275.3522 | $640K |
| Sale | Common Stock | 428 | $1,276.4231 | $546K |
| Sale | Common Stock | 494 | $1,277.4302 | $631K |
| Sale | Common Stock | 316 | $1,278.5335 | $404K |
| Sale | Common Stock | 158 | $1,279.5528 | $202K |
| Sale | Common Stock | 152 | $1,280.4969 | $195K |
| Sale | Common Stock | 150 | $1,281.8413 | $192K |
| Sale | Common Stock | 90 | $1,282.6004 | $115K |
| Sale | Common Stock | 136 | $1,283.7266 | $175K |
| Sale | Common Stock | 74 | $1,285.0378 | $95K |
| Sale | Common Stock | 60 | $1,285.9033 | $77K |
| Sale | Common Stock | 30 | $1,287.5867 | $39K |
Holdings After Transaction:
Stock Option — 15,800 shares (Direct, null);
Common Stock — 7,500 shares (Direct, null)
Footnotes (1)
- Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,268.6100 - $1,269.3500. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,277.9900 - $1,278.8700. 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 $1,279.0400 - $1,280.0200. 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 $1,280.0900 - $1,280.9800. 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 $1,281.2600 - $1,282.1700. 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 $1,282.3000 - $1,283.2400. 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 $1,283.4400 - $1,284.2000. 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 $1,284.4700 - $1,285.2000. 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 $1,285.7500 - $1,285.9400. 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 $1,287.3600 - $1,288.0400. 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 $1,269.6350 - $1,270.4900. 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 $1,270.7400 - $1,271.7100. 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 $1,271.7400 - $1,272.6100. 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 $1,272.9100 - $1,273.8900. 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 $1,273.9200 - $1,274.8900. 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 $1,274.9400 - $1,275.9350. 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 $1,275.9400 - $1,276.8500. 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 $1,276.9800 - $1,277.9700. 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: 3,900 shares
Shares exercised: 3,900 shares
Exercise price: $284.97/share
+4 more
7 metrics
Shares sold
3,900 shares
Total TransDigm common shares sold on June 15, 2026
Shares exercised
3,900 shares
Common shares acquired via stock option exercise on June 15, 2026
Exercise price
$284.97/share
Strike price of stock options exercised for 3,900 shares
Post-transaction holdings
7,500 shares
Direct TransDigm common shares held by Joel Reiss after transactions
Lowest sale price range
$1,268.61
Lower end of reported sale price range in weighted average footnotes
Highest sale price range
$1,288.04
Upper end of reported sale price range in weighted average footnotes
Sale transactions
18 entries
Number of separate open‑market sale line items in Form 4
Key Terms
open-market sale, derivative exercise/conversion, stock option, 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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
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.
weighted price financial
"Price reported constitutes the average weighted price of shares sold."
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transactions did TransDigm (TDG) report for Joel Reiss?
TransDigm reported that Co‑Chief Operating Officer Joel Reiss exercised options for 3,900 common shares, then sold 3,900 shares in multiple open‑market transactions on June 15, 2026, at prices between $1,268.61 and $1,288.04.
What was the stock option exercise price reported for TransDigm (TDG) on this Form 4?
The Form 4 shows a stock option exercise price of $284.97 per share for 3,900 underlying TransDigm common shares. These options were exercised on June 15, 2026, converting the derivative position into common stock before the reported sales.
Were the TransDigm (TDG) insider sales by Joel Reiss open‑market transactions?
Yes. Each sale is coded with transaction code “S” and described as an open‑market or private transaction. The filing lists multiple tranches of TransDigm common stock sold at weighted average prices between about $1,268 and $1,288 per share.
Did Joel Reiss engage in any tax‑withholding or gift transactions in this TransDigm (TDG) filing?
No. The transaction summary shows exercise and sale activity only: 3,900 shares exercised and 3,900 shares sold. There are no entries for tax‑withholding dispositions, gifts, or restructuring transactions in this particular Form 4.