TransDigm director sells 10,132 shares

TransDigm Group director W. Nicholas Howley, through the W. Nicholas Howley Family Trust u/a/d 4/23/99, reported an exercise-and-sell transaction in TransDigm common stock.

Rhea-AI Filing Summary

TransDigm Group director W. Nicholas Howley, through the W. Nicholas Howley Family Trust u/a/d 4/23/99, reported an exercise-and-sell transaction in TransDigm common stock. On 2026-05-18, the trust exercised stock options for 10,132 shares at an exercise price of $66.47 per share and sold 10,132 common shares in a series of open-market trades at prices around $1,160–$1,189 per share. Following these transactions, the filing shows indirect ownership of 21,547.513 TransDigm common shares by the trust.

Insider Trade Summary 10b5-1

Exercise and Sale: 10,132 shares ($11.29M approx. pre-tax spread)

Exercise and Sale 27 txns

Insider Howley W Nicholas

Role Director

Sold 10,132 shs ($11.96M)

Approx. gross sale proceeds $11.96M

Approx. exercise cost $673K

Approx. pre-tax spread $11.29M

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	40	$1,145.16	$46K
Sale	Common Stock	60	$1,146.4167	$69K
Sale	Common Stock	80	$1,150.1738	$92K
Sale	Common Stock	80	$1,160.00	$93K
Sale	Common Stock	50	$1,162.945	$58K
Sale	Common Stock	23	$1,163.98	$27K
Sale	Common Stock	110	$1,165.5077	$128K
Sale	Common Stock	586	$1,167.0476	$684K
Sale	Common Stock	463	$1,168.325	$541K
Sale	Common Stock	390	$1,169.2421	$456K
Sale	Common Stock	60	$1,170.38	$70K
Sale	Common Stock	220	$1,172.3109	$258K
Sale	Common Stock	685	$1,174.1654	$804K
Sale	Common Stock	313	$1,175.9556	$368K
Sale	Common Stock	40	$1,176.675	$47K
Sale	Common Stock	140	$1,178.1414	$165K
Sale	Common Stock	250	$1,179.672	$295K
Sale	Common Stock	437	$1,180.969	$516K
Sale	Common Stock	290	$1,182.8062	$343K
Sale	Common Stock	87	$1,183.8559	$103K
Sale	Common Stock	1,075	$1,185.0532	$1.27M
Sale	Common Stock	448	$1,185.9748	$531K
Sale	Common Stock	272	$1,187.1123	$323K
Sale	Common Stock	3,801	$1,188.1284	$4.52M
Sale	Common Stock	132	$1,189.0162	$157K

Holdings After Transaction: Stock Option — 32,096 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 (23)

1. F1. The exercise price has been adjusted for dividends declared since August 1, 2022.
2. F10. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,172.0000 - $1,172.3600. 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. F11. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,174.0600 - $1,174.9900. 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. F12. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,175.4600 - $1,176.3800. 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. F13. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,176.5000 - $1,177.1200. 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. F14. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,177.9900 - $1,178.5200. 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. F15. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,179.3800 - $1,180.1900. 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.
8. F16. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,180.6400 - $1,181.5900. 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. F17. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,182.2300 - $1,183.0000. 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.
10. F18. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,183.2500 - $1,184.0700. 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. F19. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,184.2800 - $1,185.2000. 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.
12. F2. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,145.0100 - $1,145.3100. 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. F20. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,185.5000 - $1,186.3950. 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. F21. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,186.5700 - $1,187.5000. 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. F22. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,187.6700 - $1,188.6400. 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. F23. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,188.7700 - $1,189.2700. 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. F3. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,146.3700 - $1,146.4400. 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. F4. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,149.9500 - $1,150.8450. 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. F5. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,165.0000 - $1,165.6600. 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. F6. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,166.4500 - $1,167.4000. 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. F7. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,167.7900 - $1,168.7200. 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.
22. F8. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,168.9600 - $1,169.6100. 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.
23. F9. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,170.0000 - $1,170.6800. 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 Shares acquired via exercise: 10,132 shares Option exercise price: $66.47 per share +3 more

6 metrics

Shares sold 10,132 shares Open-market sales on May 18, 2026

Shares acquired via exercise 10,132 shares Stock options converted to common on May 18, 2026

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

Representative sale price $1,189.0162 per share One trade bucket price on May 18, 2026

Indirect common shares held 21,547.513 shares Common stock indirectly owned after transactions

Stock options remaining 32,096 options Stock option derivative position following exercise

Key Terms

open-market sale, Stock Option, average weighted price, exercise 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" for derivative transaction"

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.

average weighted price financial

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

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.

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

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, via a family trust, exercised stock options for 10,132 shares and sold 10,132 common shares in open-market trades on 18 May 2026 at prices around $1,160–$1,189 per share.

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

The Howley family trust sold 10,132 TransDigm common shares. These were executed as multiple open-market sales on 18 May 2026, with weighted-average prices reported for each trade bucket in the Form 4 footnotes.

What was the exercise price of the TransDigm (TDG) stock options exercised?

The stock options were exercised at an exercise price of $66.47 per share. A footnote notes this exercise price has been adjusted for dividends declared since August 1, 2022, reflecting TransDigm’s dividend history over that period.

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

After the reported transactions, the Form 4 shows the Howley family trust indirectly holding 21,547.513 TransDigm common shares. This figure reflects the position remaining in the trust following the 10,132-share exercise-and-sell sequence on 18 May 2026.

Were the TransDigm (TDG) insider sales made directly by W. Nicholas Howley?

The sales were reported as indirect, made by the W. Nicholas Howley Family Trust u/a/d 4/23/99. The Form 4 attributes ownership and transactions to this trust entity rather than to Howley personally as a direct shareholder.

How were the sale prices for the TransDigm (TDG) insider trades reported?

Each trade line reports a weighted-average sale price, with footnotes stating shares were sold in price ranges, such as $1,172.00–$1,172.36 and similar bands. The filer undertakes to provide full price breakdowns upon request.

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

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Accepted by SEC EDGAR 05/19/2026 - 04:14 PM Learn about SEC filing dates

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).

X

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)
05/18/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/18/2026		M		10,132	A	$66.47(1)	31,679.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		40	D	$1,145.16(2)	31,639.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		60	D	$1,146.4167(3)	31,579.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		80	D	$1,150.1738(4)	31,499.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		80	D	$1,160	31,419.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		50	D	$1,162.945	31,369.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		23	D	$1,163.98	31,346.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		110	D	$1,165.5077(5)	31,236.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		586	D	$1,167.0476(6)	30,650.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		463	D	$1,168.325(7)	30,187.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		390	D	$1,169.2421(8)	29,797.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		60	D	$1,170.38(9)	29,737.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		220	D	$1,172.3109(10)	29,517.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		685	D	$1,174.1654(11)	28,832.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		313	D	$1,175.9556(12)	28,519.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		40	D	$1,176.675(13)	28,479.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		140	D	$1,178.1414(14)	28,339.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		250	D	$1,179.672(15)	28,089.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		437	D	$1,180.969(16)	27,652.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		290	D	$1,182.8062(17)	27,362.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		87	D	$1,183.8559(18)	27,275.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		1,075	D	$1,185.0532(19)	26,200.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		448	D	$1,185.9748(20)	25,752.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		272	D	$1,187.1123(21)	25,480.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		3,801	D	$1,188.1284(22)	21,679.513	I	W. Nicholas Howley Family Trust u/a/d 4/23/99
Common Stock	05/18/2026		S		132	D	$1,189.0162(23)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option	$66.47(1)	05/18/2026		M			10,132	09/30/2018	11/08/2027	Common Stock	10,132	$0.00	32,096	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 $1,145.0100 - $1,145.3100. 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 $1,146.3700 - $1,146.4400. 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 $1,149.9500 - $1,150.8450. 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 $1,165.0000 - $1,165.6600. 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 $1,166.4500 - $1,167.4000. 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 $1,167.7900 - $1,168.7200. 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 $1,168.9600 - $1,169.6100. 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.

9. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,170.0000 - $1,170.6800. 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 $1,172.0000 - $1,172.3600. 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 $1,174.0600 - $1,174.9900. 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 $1,175.4600 - $1,176.3800. 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 $1,176.5000 - $1,177.1200. 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 $1,177.9900 - $1,178.5200. 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 $1,179.3800 - $1,180.1900. 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.

16. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,180.6400 - $1,181.5900. 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 $1,182.2300 - $1,183.0000. 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.

18. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,183.2500 - $1,184.0700. 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 $1,184.2800 - $1,185.2000. 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.

20. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,185.5000 - $1,186.3950. 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 $1,186.5700 - $1,187.5000. 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.

22. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,187.6700 - $1,188.6400. 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.

23. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,188.7700 - $1,189.2700. 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	05/19/2026
	** 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)