Form 4: TransDigm Group Director Michael Graff Acquires Shares in Lieu of Director Fees
SEC Form 4
Director Michael Graff acquired 27 shares of TransDigm Group INC common stock in lieu of semi-annual director fees on September 25, 2024.
Summary
- On September 25, 2024, Michael Graff, a director of TransDigm Group INC, acquired 27 shares of common stock.
- The acquisition was in lieu of payment for semi-annual director fees, with the stock valued at $1,367.76 per share.
- Following the transaction, Mr. Graff directly owns 4,937 shares.
- Mr. Graff also indirectly owns 200 shares through his wife, 5,096 shares through The 2012 Carol Ostrow GST Trust, and 4,000 shares through trusts for his children.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction, and there's no indication of positive or negative sentiment.
Positives
- The director's decision to take shares in lieu of cash compensation could be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock as part of their compensation.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 09/25/2024 | Date of transaction: Michael Graff acquired 27 shares of common stock. |
| 09/27/2024 | Date of signature: Gabrielle Feuer signed the report as attorney-in-fact. |
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