TransDigm director sells 10,132 shares after exercise
TransDigm Group director W. Nicholas Howley, through the W. Nicholas Howley Family Trust, reported an option exercise and related stock sales in TransDigm Group INC common stock.
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Form Type
4
Rhea-AI Filing Summary
TransDigm Group director W. Nicholas Howley, through the W. Nicholas Howley Family Trust, reported an option exercise and related stock sales in TransDigm Group INC common stock. On June 18, the trust exercised options to acquire 10,132 shares at an exercise price of $66.47 per share.
That same day, the trust executed multiple open‑market sales totaling 10,132 shares of common stock at prices generally around $1,305 to $1,337 per share, as detailed in the reported weighted‑average price ranges. The transactions together represent an exercise‑and‑sell pattern carried out through the family trust’s indirect ownership.
Insider Trade Summary
Exercise and Sale: 10,132 shares ($12.70M approx. pre-tax spread)
Exercise and Sale
24 txns
Insider
Howley W Nicholas
Role
Director
Sold
10,132 shs ($13.37M)
Approx. gross sale proceeds
$13.37M
Approx. exercise cost
$673K
Approx. pre-tax spread
$12.70M
| 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 | 112 | $1,305.1903 | $146K |
| Sale | Common Stock | 97 | $1,308.0466 | $127K |
| Sale | Common Stock | 115 | $1,308.9183 | $151K |
| Sale | Common Stock | 160 | $1,310.455 | $210K |
| Sale | Common Stock | 964 | $1,314.604 | $1.27M |
| Sale | Common Stock | 745 | $1,315.7106 | $980K |
| Sale | Common Stock | 1,376 | $1,316.8556 | $1.81M |
| Sale | Common Stock | 893 | $1,317.7524 | $1.18M |
| Sale | Common Stock | 1,925 | $1,318.8441 | $2.54M |
| Sale | Common Stock | 827 | $1,319.8993 | $1.09M |
| Sale | Common Stock | 268 | $1,321.1328 | $354K |
| Sale | Common Stock | 305 | $1,321.9143 | $403K |
| Sale | Common Stock | 677 | $1,323.2652 | $896K |
| Sale | Common Stock | 377 | $1,324.303 | $499K |
| Sale | Common Stock | 257 | $1,325.6253 | $341K |
| Sale | Common Stock | 200 | $1,326.7989 | $265K |
| Sale | Common Stock | 245 | $1,328.4611 | $325K |
| Sale | Common Stock | 47 | $1,330.5002 | $63K |
| Sale | Common Stock | 13 | $1,331.735 | $17K |
| Sale | Common Stock | 275 | $1,333.6249 | $367K |
| Sale | Common Stock | 78 | $1,334.7157 | $104K |
| Sale | Common Stock | 176 | $1,337.0455 | $235K |
Holdings After Transaction:
Stock Option — 21,964 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 (21)
- 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 $1,319.3600 - $1,320.3500. 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 $1,320.4000 - $1,321.2800. 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.
- F12. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,321.4700 - $1,322.1500. 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 $1,322.8500 - $1,323.8300. 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 $1,323.8700 - $1,324.8600. 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 $1,325.3250 - $1,326.0000. 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.
- F16. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,326.7500 - $1,327.7300. 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.
- F17. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,328.3250 - $1,329.1800. 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.
- F18. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,330.3500 - $1,331.1900. 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.
- F19. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,333.4500 - $1,334.2750. 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 $1,305.0000 - $1,305.2100. 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.
- F20. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,334.7100 - $1,335.1550. 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.
- F21. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,336.9750 - $1,337.0550. 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 $1,307.4850 - $1,308.3400. 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 $1,308.7700 - $1,309.0450. 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 $1,314.1300 - $1,315.1000. 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.
- F6. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,315.2900 - $1,316.2800. 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.
- F7. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,316.2900 - $1,317.2800. 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.
- F8. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,317.3150 - $1,318.2900. 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.
- F9. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,318.3600 - $1,319.3050. 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
Options exercised: 10,132 shares
Exercise price: $66.47 per share
+4 more
7 metrics
Shares sold
10,132 shares
Open-market sales of TransDigm common stock on June 18
Options exercised
10,132 shares
Stock options converted into common stock on June 18
Exercise price
$66.47 per share
Strike price of exercised stock options for 10,132 shares
Highest reported sale price
$1,337.055 per share
Upper end of disclosed sale price ranges in footnotes
Lowest reported sale price
$1,305.00 per share
Lower end of disclosed sale price ranges in footnotes
Sale transactions
22 entries
Number of non-derivative sale lines in Form 4 transaction data
Exercise transactions
1 non-derivative, 1 derivative
Option exercise recorded in both common stock and option tables
Key Terms
open-market sale, derivative exercise/conversion, Stock Option, exercise price, +2 more
6 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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
Stock Option financial
"security_title": "Stock Option""
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.
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did TransDigm (TDG) director W. Nicholas Howley report?
Director W. Nicholas Howley, via a family trust, reported exercising options for 10,132 TransDigm Group INC shares and selling 10,132 common shares in multiple open‑market trades on June 18. All activity involved indirect holdings through the W. Nicholas Howley Family Trust.
What stock options did the Howley family trust exercise in TransDigm (TDG)?
The trust exercised stock options covering 10,132 TransDigm Group INC shares at an exercise price of $66.47 per share. A corresponding derivative entry shows 10,132 stock options converted into an equal number of common shares as part of this June 18 transaction sequence.
Are W. Nicholas Howley’s TransDigm (TDG) transactions direct or through a trust?
All reported June 18 TransDigm Group INC transactions are classified as indirect, held through the W. Nicholas Howley Family Trust u/a/d 4/23/99. The Form 4 identifies the nature of ownership as this family trust rather than direct personal holdings by Howley.
Do the June 18 TransDigm (TDG) insider transactions show a net buy or net sell position?
The filing shows options exercised for 10,132 shares and open‑market sales of 10,132 shares of TransDigm Group INC common stock. The transaction summary characterizes this activity as net‑sell on a buy‑versus‑sell basis, given the reported 10,132 shares sold in the period.
What does the weighted‑average price disclosure mean in the TransDigm (TDG) Form 4?
For each sale group, the filing reports a weighted‑average sale price and notes shares traded across specific price ranges, such as $1,305.00–$1,305.21. The insider undertakes to provide full detail of shares sold at each separate price upon request from regulators or shareholders.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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