Form 4: TransDigm Group Director Robert Small Acquires Shares in Lieu of Director Fees

Director Robert Small acquired 42 shares of TransDigm Group INC common stock in lieu of semi-annual director fees.

Summary

• On September 25, 2024, Robert J. Small, a director of TransDigm Group INC, acquired 42 shares of common stock.
• The acquisition was in lieu of payment of semi-annual director fees, based on a fair market value of $1,367.76 per share.
• Following the transaction, Small directly owns 15,539 shares.
• Small also indirectly owns shares through Stockbridge Fund, L.P. (605,376 shares), Stockbridge Partners LLC (100,962 shares), and family trusts (60,246 shares).
• Small disclaims beneficial ownership of shares held by Stockbridge Fund, L.P. and Stockbridge Partners LLC, except to the extent of his pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction related to director compensation. The director taking shares instead of cash is a mildly positive signal.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Industry Context

Directors receiving stock in lieu of fees is a fairly common practice, particularly in companies looking to conserve cash or align director interests with shareholder value.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a small number of shares related to director compensation.

Key Dates