TransDigm CEO Lisman receives five stock-option awards
The awards have separate vesting and performance-target exercise schedules and expire on November 3, 2036.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
TransDigm Group (TDG) President & CEO Michael Lisman received five direct stock-option awards on November 3, 2026: 4,214, 1,053, 18,923, 30,908 and 4,189 options. Each has an exercise price of $1,208.04 and expires November 3, 2036. The 4,214-option award was granted in lieu of a fiscal year 2026 cash bonus and became exercisable on the grant date; the 1,053-option award was also granted in lieu of that bonus and is eligible to vest on September 30, 2027, subject to applicable vesting conditions. The 18,923 options are exercisable at 20% per year over five years beginning September 30, 2027; the 30,908 options in two equal installments on September 30, 2030 and September 30, 2031; and the 4,189 options at 80% in 2027 and 20% in 2028. These latter three schedules are subject to achievement of annual operating performance targets each year.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option F1 | 4,214 | $0.00 | $0.00 |
| Grant/Award | Stock Option F2 | 1,053 | $0.00 | $0.00 |
| Grant/Award | Stock Option F3 | 18,923 | $0.00 | $0.00 |
| Grant/Award | Stock Option F4 | 30,908 | $0.00 | $0.00 |
| Grant/Award | Stock Option F5 | 4,189 | $0.00 | $0.00 |
Footnotes (5)
- F1. These options were granted in lieu of a cash bonus for Fiscal year 2026 in accordance with the Second Amended and Restated Employment Agreement, dated as of October 1, 2025, between TransDigm Group Incorporated and Michael Lisman, previously disclosed as Exhibit 10.1 to the Company's Form 8-K filed with the Securities and Exchange Commission on October 1, 2025 (the 'Employment Agreement'), and became exercisable on the grant date of November 3, 2026.
- F2. These options were granted in lieu of a cash bonus for Fiscal year 2026 in accordance with the Employment Agreement, and are eligible to vest on September 30, 2027, subject to the applicable vesting conditions.
- F3. These options were granted in accordance with the Employment Agreement and are exercisable at 20% per year over five years beginning September 30, 2027, subject to achievement of annual operating performance targets each year.
- F4. These options were granted in accordance with the Employment Agreement, and are exercisable in two equal installments on September 30, 2030, and September 30, 2031, subject to achievement of annual operating performance targets each year.
- F5. These options were granted in accordance with the Employment Agreement, and are exercisable at 80% in 2027 and 20% in 2028, subject to achievement of annual operating performance targets each year.
Key Figures
Key Terms
exercisable financial
eligible to vest financial
annual operating performance targets financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many stock options did TransDigm (TDG) CEO Michael Lisman receive?
What vesting and performance conditions apply to Michael Lisman's TDG options?
AI-generated analysis. How Rhea-AI works. Not financial advice.