TransDigm (NYSE: TDG) trust sells 10,132 shares after option exercise
Rhea-AI Filing Summary
TransDigm Group INC (TDG) director W. Nicholas Howley, through the W. Nicholas Howley Family Trust, exercised 10,132 stock options on August 18, 2026 at an exercise price of $66.47 per share, acquiring 10,132 shares of common stock. The trust then sold 10,132 TDG shares in multiple open-market transactions on the same date at weighted-average prices generally around $1,225–$1,241 per share. Following the option exercise, the trust reports 1,700 stock options remaining from this grant. The filing indicates these transactions were effected pursuant to a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 10,132 shares ($11.85M approx. pre-tax spread)
Exercise and Sale
16 txns
Insider
Howley W Nicholas
Role
Director
Sold
10,132 shs ($12.53M)
Approx. gross sale proceeds
$12.53M
Approx. exercise cost
$673K
Approx. pre-tax spread
$11.85M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F1 | 10,132 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 10,132 | $66.47 | $673K |
| Sale | Common Stock F2 | 204 | $1,225.6023 | $250K |
| Sale | Common Stock F3 | 70 | $1,227.6221 | $86K |
| Sale | Common Stock F4 | 290 | $1,229.0948 | $356K |
| Sale | Common Stock F5 | 570 | $1,230.0189 | $701K |
| Sale | Common Stock F6 | 830 | $1,231.1187 | $1.02M |
| Sale | Common Stock F7 | 1,055 | $1,232.0139 | $1.30M |
| Sale | Common Stock F8 | 450 | $1,233.3049 | $555K |
| Sale | Common Stock F9 | 270 | $1,234.6883 | $333K |
| Sale | Common Stock F10 | 140 | $1,236.1214 | $173K |
| Sale | Common Stock F11 | 250 | $1,236.8948 | $309K |
| Sale | Common Stock F12 | 520 | $1,238.0823 | $644K |
| Sale | Common Stock F13 | 3,980 | $1,239.1746 | $4.93M |
| Sale | Common Stock F14 | 1,313 | $1,240.4217 | $1.63M |
| Sale | Common Stock F15 | 190 | $1,241.1389 | $236K |
Holdings After Transaction:
Stock Option — 1,700 shares (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 (15)
- 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 $1,235.4300 - $1,236.6700. 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 $1,236.7100 - $1,237.4600. 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 $1,237.7100 - $1,238.4200. 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 $1,238.8700 - $1,239.8500. 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.
- F14. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,239.8700 - $1,240.7500. 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 $1,240.9200 - $1,241.4600. 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 $1,225.1750 - $1,226.0000. 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.
- F3. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,227.1550 - $1,227.9700. 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.
- F4. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,228.4900 - $1,229.4800. 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 $1,229.4900 - $1,230.1400. 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 $1,230.6000 - $1,231.5800. 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 $1,231.6100 - $1,232.5100. 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 $1,232.8900 - $1,233.6700. 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 $1,234.4000 - $1,235.2100. 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.
Key Figures
Options Exercised: 10,132 shares
Exercise Price: $66.47 per share
Shares Sold: 10,132 shares
+4 more
7 metrics
Options Exercised
10,132 shares
Stock options exercised into common stock on August 18, 2026
Exercise Price
$66.47 per share
Exercise price of stock options, adjusted for dividends since August 1, 2022
Shares Sold
10,132 shares
Total TDG common shares sold in multiple open-market trades on August 18, 2026
Lowest Reported Sale Price
$1,225.6023 per share
Weighted-average price on one reported sale tranche of TDG common stock
Highest Reported Sale Price
$1,241.1389 per share
Weighted-average price on another reported sale tranche of TDG common stock
Remaining Options
1,700 options
Stock options remaining from this grant after the August 18, 2026 exercise
Option Expiration
November 8, 2027
Expiration date for the stock option grant that was partially exercised
Key Terms
exercise price, average weighted price, derivative security
3 terms
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 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 TDG director W. Nicholas Howley report on August 18, 2026?
On August 18, 2026, a family trust associated with director W. Nicholas Howley exercised 10,132 stock options in TransDigm Group INC (TDG) and sold 10,132 common shares in multiple open-market trades at weighted-average prices around $1,225–$1,241 per share.
At what price were the TDG stock options exercised in the latest Form 4?
The reported TransDigm Group INC (TDG) stock options were exercised at an exercise price of $66.47 per share. A footnote states this exercise price has been adjusted for dividends declared since August 1, 2022, reflecting standard anti-dilution adjustments on the original option grant.
Does the Form 4 indicate remaining TDG options for the Howley family trust after these transactions?
Yes. After exercising options for 10,132 shares, the Form 4 reports the Howley family trust holding 1,700 stock options from this option grant. These remaining options retain the $66.47 per-share exercise price and the same stated expiration date of November 8, 2027.
Were the reported TDG insider transactions made under a Rule 10b5-1 trading plan?
The filing indicates the transactions were effected pursuant to a Rule 10b5-1 trading plan. Such plans pre-establish trade parameters for insiders, so the timing of these TDG trades reflects the plan’s terms rather than discretionary, real-time trading decisions.
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