TransDigm Group (NYSE: TDG) director trust sells 10,132 shares after option exercise
Rhea-AI Filing Summary
TransDigm Group director W. Nicholas Howley reported that his family trust exercised 10,132 stock options for common stock on 2026-07-20 at an exercise price of $66.4700 per share, leaving 11,832 options indirectly held. The trust received 10,132 common shares, then sold 10,132 shares in multiple sale transactions, including 570 shares at $1,210.3242 and 440 shares at $1,224.1377 per share. The filing indicates these transactions were executed under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 10,132 shares ($11.65M approx. pre-tax spread)
Exercise and Sale
14 txns
Insider
Howley W Nicholas
Role
Director
Sold
10,132 shs ($12.32M)
Approx. gross sale proceeds
$12.32M
Approx. exercise cost
$673K
Approx. pre-tax spread
$11.65M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option F1 | 10,132 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 10,132 | $66.47 | $673K |
| Sale | Common Stock F2 | 570 | $1,210.3242 | $690K |
| Sale | Common Stock F3 | 240 | $1,211.4575 | $291K |
| Sale | Common Stock F4 | 1,720 | $1,212.7312 | $2.09M |
| Sale | Common Stock F5 | 1,437 | $1,213.8797 | $1.74M |
| Sale | Common Stock F6 | 1,561 | $1,214.7437 | $1.90M |
| Sale | Common Stock F7 | 260 | $1,215.6154 | $316K |
| Sale | Common Stock F8 | 603 | $1,217.0088 | $734K |
| Sale | Common Stock F9 | 1,463 | $1,218.5833 | $1.78M |
| Sale | Common Stock F10 | 1,243 | $1,219.4848 | $1.52M |
| Sale | Common Stock F11 | 130 | $1,220.5662 | $159K |
| Sale | Common Stock F12 | 465 | $1,222.3182 | $568K |
| Sale | Common Stock F13 | 440 | $1,224.1377 | $539K |
Holdings After Transaction:
Stock Option — 11,832 shares (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 (13)
- 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 $1,219.1300 - $1,220.0300. 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 $1,220.2000 - $1,220.7500. 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 $1,222.2550 - $1,222.6400. 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.
- F13. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,223.8800 - $1,224.4600. 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 $1,209.9000 - $1,210.8300. 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.
- F3. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,211.0200 - $1,211.7700. 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 $1,212.3300 - $1,213.2000. 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.
- F5. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,213.4000 - $1,214.3400. 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.
- F6. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,214.5200 - $1,215.3000. 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 $1,215.5500 - $1,215.7200. 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.
- F8. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,216.7700 - $1,217.4100. 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 $1,218.0600 - $1,218.9800. 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
Options exercised: 10,132 shares
Exercise price: $66.4700 per share
Options remaining: 11,832 shares
+4 more
7 metrics
Options exercised
10,132 shares
Stock options for TransDigm common stock exercised on 2026-07-20
Exercise price
$66.4700 per share
Exercise price for the 10,132 stock options exercised by the family trust
Options remaining
11,832 shares
Stock options indirectly held by the family trust after the reported exercise
Common shares sold
10,132 shares
Aggregate TransDigm common shares sold on 2026-07-20 by the family trust
Example sale price
$1,210.3242 per share
Price for a 570-share sale of TransDigm common stock on 2026-07-20
Highest reported sale price example
$1,224.1377 per share
Price for a 440-share sale of TransDigm common stock on 2026-07-20
Option expiration date
2027-11-08
Expiration date of the stock options from which 10,132 shares were exercised
Key Terms
average weighted price, exercise price, Family Trust u/a/d 4/23/99
3 terms
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.
Family Trust u/a/d 4/23/99 financial
"W. Nicholas Howley Family Trust u/a/d 4/23/99"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider activity did TransDigm (TDG) director W. Nicholas Howley report?
Director W. Nicholas Howley reported that his family trust exercised 10,132 stock options at $66.4700 per share and then sold 10,132 common shares of TransDigm Group on 2026-07-20 in multiple transactions.
How many stock options did the Howley family trust hold in TransDigm (TDG) after the exercise?
After exercising 10,132 stock options, the Howley family trust held 11,832 stock options indirectly. These remaining options relate to TransDigm common stock and carry an exercise price of $66.4700 per share, with an expiration date of 2027-11-08.
Were the TransDigm (TDG) insider transactions made under a Rule 10b5-1 plan?
Yes. The Form 4 indicates that the reported transactions were executed under a Rule 10b5-1 trading plan, meaning the trades were conducted pursuant to a pre-arranged plan rather than being discretionary at the time of execution.
What is the exercise price and expiration for the TransDigm (TDG) options exercised?
The stock options exercised by the family trust have an exercise price of $66.4700 per share and an expiration date of 2027-11-08. A footnote notes that the exercise price was adjusted for dividends declared since August 1, 2022.