Form 4: TransDigm Group Director Acquires Shares in Lieu of Fees
SEC Form 4 Filing
Jane M. Cronin, a director at TransDigm Group INC, acquired 27 shares of common stock on September 25, 2024, in lieu of a semi-annual director fee.
Summary
- On September 25, 2024, Jane M. Cronin, a director of TransDigm Group INC, acquired 27 shares of common stock.
- The acquisition was made in lieu of payment of a semi-annual director fee.
- The price per share was $1,367.76, based on the fair market value in accordance with the Director Share Plan.
- Following the transaction, Cronin directly owns 613.62 shares of TransDigm Group INC.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation, indicating continued alignment of interests between the director and the company's shareholders.
Positives
- The acquisition reflects the director's continued investment and confidence in the company.
Industry Context
Director share acquisitions are common practice and can be seen as a positive signal, indicating confidence in the company's future performance. This is a routine transaction related to director compensation.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 09/25/2024 | Date of transaction: Jane M. Cronin acquired 27 shares of TransDigm Group INC common stock. |
| 09/27/2024 | Date of signature: The Form 4 was signed on this date. |
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