[Form 4] TransDigm Group INC Insider Trading Activity
Jane M. Cronin, a director of TransDigm Group Incorporated (TDG), reported an acquisition of common stock on 09/19/2025. The Form 4 shows a transaction coded A (acquisition) for 29 shares and includes the figures $1,288.13 and 669.62 in the reporting line. The Explanation of Responses states these shares were received in lieu of payment of a semi-annual director fee under the company’s Director Share Plan and were valued based on fair market value.
The filing is signed by an attorney-in-fact on behalf of the reporting person and indicates the filing was made by one reporting person. No derivative transactions, amendments, or additional material events are disclosed in this Form 4.
- Director compensation settled with equity under the Director Share Plan, which can align management and shareholder interests
- Clear disclosure of the transaction date (09/19/2025) and the nature of the acquisition in the Form 4
- None.
Insights
TL;DR: Director received shares instead of cash fees under the Director Share Plan, aligning compensation with shareholder ownership.
The Form 4 documents a routine, non-derivative acquisition by Director Jane M. Cronin dated 09/19/2025. The explanation explicitly states the shares were issued in lieu of a semi-annual director fee and valued at fair market value under the Director Share Plan. This is a common governance practice to align director incentives with shareholders. The filing contains no indication of unusual timing, derivative exercises, or related-party transactions beyond the standard director compensation mechanism. Impact to shareholders appears limited and administrative based on the disclosed information.
TL;DR: Reporting appears procedurally complete; transaction disclosed under Section 16 with supporting explanation.
The Form 4 includes required identification details for the reporting person and issuer, an acquisition coded as 'A', and a brief explanatory note that the shares were issued in lieu of director fees per the Director Share Plan. The form is signed by an attorney-in-fact and filed by a single reporting person. There is no evidence in the filing of amendments, derivative positions, or changes that would raise immediate regulatory concerns. The numeric fields contain values (29; $1,288.13; 669.62) as reported, but the form does not provide further context for all of these figures within its text.