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 director fees on March 26, 2025.

Summary

• On March 26, 2025, 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, with the stock valued at $1,346.5 per share.
• Following the transaction, Small's indirectly held beneficial ownership includes 484,632 shares held by Stockbridge Fund LP, 93,619 shares held by Stockbridge Partners LLC, and 60,246 shares held by family trusts.
• Small disclaims beneficial ownership of shares held by Stockbridge Fund LP and Stockbridge Partners LLC, except to the extent of any pecuniary interest.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director acquiring shares in lieu of fees is a common practice that aligns interests with shareholders. The large indirect holdings suggest confidence in the company.

Positives

• The acquisition of shares in lieu of fees aligns the director's interests with those of the shareholders.
• The director's significant indirect holdings demonstrate a substantial stake in the company's performance.

Industry Context

Directors receiving stock in lieu of fees is a common practice to align their interests with shareholders, particularly in publicly traded companies.

Comparison to Industry Standards

• Comparing director compensation structures across aerospace and defense companies like Boeing, Lockheed Martin, and General Dynamics would provide context on whether TransDigm's approach is standard.
• Benchmarking the percentage of director compensation paid in stock versus cash against industry averages would be relevant.
• Analyzing the stock ownership of directors in comparable companies would offer insights into the significance of Small's holdings.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder sentiment.
• The director's alignment with shareholder interests may improve investor confidence.

Key Dates

Keywords

TransDigm Group, Director, Robert Small, Stock Acquisition, Beneficial Ownership, Director Fees, TDG