TransDigm Executive Nets $3.4M Profit as Aerospace Stock Trades Near All-Time Highs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransDigm Group Co-Chief Operating Officer Joel Reiss reported significant insider trading activity on June 20, 2025. The transactions involved both the exercise of stock options and subsequent sales of common stock:
- Exercised 3,000 stock options at $284.97 per share (originally granted with expiration date 11/08/2027)
- Sold a total of 3,000 shares in multiple transactions at prices ranging from $1,410.11 to $1,431.11 per share
- Net reduction in directly held common stock from 6,600 to 3,600 shares
- Retains 59,000 stock options following the transactions
The trading pattern suggests a typical exercise-and-sell transaction where the executive exercised options and immediately sold the acquired shares, realizing a significant profit given the substantial difference between the exercise price ($284.97) and market prices (approximately $1,410-$1,431). The transactions were executed through multiple trades at varying price points, indicating a structured selling approach.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares ($4,272,802)
Net Sell
13 txns
Insider
Reiss Joel
Role
Co-Chief Operating Officer
Sold
3,000 shs ($4.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option | 3,000 | $0.00 | -- |
| Exercise | Common Stock | 3,000 | $284.97 | $855K |
| Sale | Common Stock | 200 | $1,410.11 | $282K |
| Sale | Common Stock | 100 | $1,411.855 | $141K |
| Sale | Common Stock | 356 | $1,420.6967 | $506K |
| Sale | Common Stock | 154 | $1,421.4892 | $219K |
| Sale | Common Stock | 254 | $1,422.5211 | $361K |
| Sale | Common Stock | 447 | $1,424.3974 | $637K |
| Sale | Common Stock | 233 | $1,425.2223 | $332K |
| Sale | Common Stock | 495 | $1,426.7934 | $706K |
| Sale | Common Stock | 10 | $1,427.715 | $14K |
| Sale | Common Stock | 451 | $1,430.0264 | $645K |
| Sale | Common Stock | 300 | $1,431.11 | $429K |
Holdings After Transaction:
Stock Option — 59,000 shares (Direct);
Common Stock — 6,600 shares (Direct)
Footnotes (1)
- Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $1,420.11 - $1,421.01. 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 $1,421.210 - $1,422.035. 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 $1,422.43 - $1,423.26. 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 $1,424.05 - $1,425.02. 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 $1,425.05 - $1,425.63. 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 $1,426.25 - $1,427.03. 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 $1,430.00 - $1,430.58. 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 was the price range of TDG stock sales by Joel Reiss in the June 20, 2025 transactions?
The transactions occurred at various price points, with the lowest sale at $1,410.11 per share and the highest at $1,431.11 per share. The sales were executed in multiple blocks at weighted average prices within this range.
What stock options did TDG's Co-COO exercise in this Form 4 filing?
Joel Reiss exercised 3,000 stock options at an exercise price of $284.97 per share. These options were exercisable from September 30, 2021, with an expiration date of November 8, 2027.
Was the TDG insider transaction by Joel Reiss made under a 10b5-1 plan?
No, the Form 4 filing does not indicate that these transactions were made pursuant to a 10b5-1 plan, as the corresponding checkbox on the form was not marked.