TransDigm (TDG) Co-COO exercises options, sells 3,900 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransDigm Group’s Co‑Chief Operating Officer Joel Reiss exercised stock options and then sold shares in the open market. He exercised options for 3,900 shares of common stock at an exercise price of $284.97 per share and acquired the underlying shares.
On the same date, he sold 3,900 common shares in a series of transactions at prices around $1,222.87 to $1,250.65 per share, leaving him with 3,600 common shares held directly. Following the option exercise, he also continues to hold 27,500 stock options scheduled to expire on November 8, 2027. This filing reflects a routine exercise‑and‑sell transaction by a senior executive rather than a change in company operations.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,900 shares ($4,850,431)
Net Sell
21 txns
Insider
Reiss Joel
Role
Co-Chief Operating Officer
Sold
3,900 shs ($4.85M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 3,900 | $0.00 | -- |
| Exercise | Common Stock | 3,900 | $284.97 | $1.11M |
| Sale | Common Stock | 20 | $1,222.87 | $24K |
| Sale | Common Stock | 70 | $1,231.6886 | $86K |
| Sale | Common Stock | 60 | $1,232.5712 | $74K |
| Sale | Common Stock | 50 | $1,233.618 | $62K |
| Sale | Common Stock | 40 | $1,235.125 | $49K |
| Sale | Common Stock | 56 | $1,236.312 | $69K |
| Sale | Common Stock | 134 | $1,237.746 | $166K |
| Sale | Common Stock | 160 | $1,238.5745 | $198K |
| Sale | Common Stock | 260 | $1,239.9445 | $322K |
| Sale | Common Stock | 420 | $1,240.917 | $521K |
| Sale | Common Stock | 320 | $1,241.985 | $397K |
| Sale | Common Stock | 350 | $1,242.9959 | $435K |
| Sale | Common Stock | 120 | $1,244.0865 | $149K |
| Sale | Common Stock | 90 | $1,245.1022 | $112K |
| Sale | Common Stock | 227 | $1,246.2083 | $283K |
| Sale | Common Stock | 531 | $1,247.0797 | $662K |
| Sale | Common Stock | 490 | $1,248.2365 | $612K |
| Sale | Common Stock | 315 | $1,249.2884 | $394K |
| Sale | Common Stock | 187 | $1,250.2542 | $234K |
Holdings After Transaction:
Stock Option — 27,500 shares (Direct);
Common Stock — 7,500 shares (Direct)
Footnotes (1)
- Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,231.1800 - $1,232.0700. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,232.2500 - $1,232.9900. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,233.3300 - $1,234.1000. 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 $1,234.6100 - $1,235.5600. 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 $1,235.8600 - $1,236.8500. 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 $1,237.1600 - $1,238.1400. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,238.1900 - $1,239.1100. 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 $1,239.3200 - $1,240.2900. 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 $1,240.3900 - $1,241.2800. 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 $1,241.5000 - $1,242.4800. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,242.5000 - $1,243.4800. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,243.5100 - $1,244.4400. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,244.5100 - $1,245.4800. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,245.5300 - $1,246.5200. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,246.5900 - $1,247.5700. 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 $1,247.6400 - $1,248.6200. 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 $1,248.6400 - $1,249.5900. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,249.6800 - $1,250.6500. 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.
FAQ
What insider transaction did TransDigm (TDG) executive Joel Reiss report?
Joel Reiss reported exercising 3,900 stock options and selling 3,900 common shares. He converted options with a $284.97 exercise price into stock, then sold all those shares in multiple open‑market trades on the same date.
What happened to Joel Reiss’s TransDigm (TDG) stock options in this filing?
He exercised 3,900 stock options with a $284.97 exercise price, receiving 3,900 common shares. Following this exercise, he continues to hold 27,500 remaining options, which are scheduled to expire on November 8, 2027, according to the Form 4 data.
Is Joel Reiss’s TransDigm (TDG) Form 4 a purchase or sale overall?
Overall, the Form 4 reflects a net sale. Although he exercised options to acquire 3,900 shares, he sold all 3,900 acquired shares in open‑market transactions, reducing his direct common‑stock holdings from 7,500 shares to 3,600 shares.
Does this TransDigm (TDG) Form 4 indicate any pre-planned trading arrangement?
The footnotes describe weighted‑average sale prices in specified ranges but do not reference any Rule 10b5‑1 or other pre‑planned trading arrangements. They state he will provide detailed trade‑level pricing information to regulators or shareholders upon request.