Form 4: TransDigm Group Director Michael Graff Disposes of Shares Through Trust Transactions

Sentiment:

SEC Form 4 Filing


Director Michael Graff reports the disposal of TransDigm Group shares held indirectly through trusts, with transactions occurring on March 14, 2024.

Summary

  • On March 14, 2024, Michael Graff, a director of TransDigm Group INC, reported the disposal of 4,000 shares of common stock at a price of $1,187.40 per share.
  • These shares were held indirectly through The 2012 Carol Ostrow GST Trust, created by Graff's spouse for their children.
  • The Spouse Trust contributed the 4,000 shares to a fund in exchange for interests in the fund.
  • Graff also indirectly owns 4,879 shares, 200 shares through his wife, and 4,000 shares through trusts for his children.
  • Following the reported transaction, Graff beneficially owns 5,096 shares indirectly through the Spouse Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a stock transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider and doesn't necessarily reflect a broader trend in the aerospace industry.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership by a company director.

Key Dates

DateDescription
03/14/2024Date of transaction: Disposal of 4,000 shares of TransDigm Group INC common stock.
03/18/2024Date of signature for the Form 4 filing.

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